502 S RIO GRANDE ST, GRANGER, TX 76530
GRANGER, 76530 — williamson County
Property at a Glance
This home is estimated between $-83,740 and $322,500, with a best estimate of $158,282. That places the property below the AM40SDXI - MH EAST median of $179,286, in a neighborhood that declined 0.7% over the past year.
Estimated Value Range
$158,282
$113,212
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in AM40SDXI - MH EAST. The estimated range of $-83,740 and $322,500 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$132,022 for 1,384 sqft more living space and -$17,858 for being older. Net adjustment: +$114,164.
Adjusted +$165,028 for 1,730 sqft more living space and +$59,528 for being newer. Net adjustment: +$224,556.
Adjusted +$67,537 for 708 sqft more living space and -$178,585 for being older. Net adjustment: -$111,048.
Adjusted +$1,049 for 11 sqft more living space and -$214,302 for being older and -$121,271 for no garage. Net adjustment: -$334,524.
Adjusted +$70,399 for 738 sqft more living space and +$77,387 for being newer and -$121,271 for no garage. Net adjustment: +$26,515.
The Neighborhood
This home is valued 36.9% 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
below averageThis home is -36.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $2,432 across all districts. With a homestead exemption claimed, that drops to $1,219 — saving $1,213 per year. That's $102 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 |
|---|---|---|---|
| Granger ISD | School | 1.2093% | $1,194 |
| Granger | City | 0.8400% | $829 |
| Williamson County | County | 0.3694% | $365 |
| Williamson County FM/Rd | County | 0.0443% | $44 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4631% | $2,432 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $158,282 would pay approximately $988 per month (principal and interest only, excluding taxes and insurance).