1255 FM 619 SPUR, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $260,740 and $1,771,199, with a best estimate of $952,150. That places the property above the AM40SDXI - MH EAST median of $179,286, in a neighborhood that declined 0.7% over the past year.
Estimated Value Range
$952,150
$85,022
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $260,740 and $1,771,199. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$4,483 for 47 sqft more living space and -$29,764 for being older. Net adjustment: -$25,281.
Adjusted -$30,525 for 320 sqft less living space and +$107,151 for being newer. Net adjustment: +$76,626.
Adjusted +$41,972 for 440 sqft more living space and +$125,009 for being newer. Net adjustment: +$166,981.
Adjusted +$52,656 for 552 sqft more living space and -$125,009 for being older. Net adjustment: -$72,353.
Adjusted -$307,924 for 3,228 sqft less living space and -$41,670 for being older. Net adjustment: -$349,594.
The Neighborhood
This home is valued 52.6% below the AM40SDXI - MH EAST median of $179,286. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.7% over the past year.
AM40SDXI - MH EAST
outlier lowThis home is -52.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $1,465 across all districts. With a homestead exemption claimed, that drops to $418 — saving $1,047 per year. That's $35 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% | $1,028 |
| Williamson County | County | 0.3694% | $314 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $85 |
| Williamson County FM/Rd | County | 0.0443% | $38 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7234% | $1,465 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $952,150 would pay approximately $5,943 per month (principal and interest only, excluding taxes and insurance).