1471 CR 490, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $211,138 and $739,623, with a best estimate of $508,502. That places the property above the X006330I - THRALL ISD NON-CITY median of $447,610, in a neighborhood that appreciated 2.2% over the past year.
Estimated Value Range
$508,502
$1,040,116
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in X006330I - THRALL ISD NON-CITY. The estimated range of $211,138 and $739,623 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$43,137 for 175 sqft less living space and +$5,712 for being newer. Net adjustment: -$37,425.
Adjusted -$120,290 for 488 sqft less living space and +$22,847 for being newer. Net adjustment: -$97,443.
Adjusted +$101,310 for 411 sqft more living space and +$28,559 for being newer. Net adjustment: +$129,869.
Adjusted -$77,153 for 313 sqft less living space and -$1,904 for being older. Net adjustment: -$79,057.
Adjusted -$94,161 for 382 sqft less living space and +$5,712 for being newer. Net adjustment: -$88,449.
The Neighborhood
This home is valued 132.4% above the X006330I - THRALL ISD NON-CITY median of $447,610. With 1,269 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 2.2% over the past year.
X006330I - THRALL ISD NON-CITY
outlier highThis home is +132.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,849 across all districts. With a homestead exemption claimed, that drops to $11,018 — saving $1,831 per year. That's $918 per month a buyer should budget. The assessed value increased roughly in line with the neighborhood, so a tax protest is unlikely to yield significant savings.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Thrall ISD | School | 1.2096% | $9,018 |
| Williamson County | County | 0.3694% | $2,754 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $746 |
| Williamson County FM/Rd | County | 0.0443% | $330 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7234% | $12,849 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $508,502 would pay approximately $3,174 per month (principal and interest only, excluding taxes and insurance).