18500 FM 619, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $217,511 and $853,012, with a best estimate of $531,855. 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
$531,855
$436,410
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in X006330I - THRALL ISD NON-CITY, this home's estimated market value is between $217,511 and $853,012. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$37,960 for 154 sqft less living space and -$7,616 for being older and -$134,735 for no garage. Net adjustment: -$180,311.
Adjusted +$49,792 for 202 sqft more living space and -$32,366 for being older. Net adjustment: +$17,426.
Adjusted +$145,926 for 592 sqft more living space and +$5,712 for being newer. Net adjustment: +$151,638.
Adjusted +$103,775 for 421 sqft more living space and +$7,616 for being newer. Net adjustment: +$111,391.
Adjusted -$1,479 for 6 sqft less living space and +$22,847 for being newer and -$134,735 for no garage. Net adjustment: -$113,367.
The Neighborhood
This home is valued 2.5% below the X006330I - THRALL ISD NON-CITY median of $447,610. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 2.2% over the past year.
X006330I - THRALL ISD NON-CITY
typicalThis home is -2.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,521 across all districts. With a homestead exemption claimed, that drops to $5,747 — saving $1,774 per year. That's $479 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% | $5,279 |
| Williamson County | County | 0.3694% | $1,612 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $436 |
| Williamson County FM/Rd | County | 0.0443% | $193 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7234% | $7,521 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $531,855 would pay approximately $3,320 per month (principal and interest only, excluding taxes and insurance).