16250 FM 619, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $308,371 and $974,274, with a best estimate of $557,672. 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
$557,672
$680,678
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 $308,371 and $974,274. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$62,856 for 255 sqft less living space and +$3,808 for being newer. Net adjustment: -$59,048.
Adjusted +$24,896 for 101 sqft more living space and -$20,943 for being older and +$134,735 for having a garage. Net adjustment: +$138,688.
Adjusted +$78,879 for 320 sqft more living space and +$19,039 for being newer and +$134,735 for having a garage. Net adjustment: +$232,653.
Adjusted -$24,896 for 101 sqft less living space and +$11,423 for being newer and +$134,735 for having a garage. Net adjustment: +$121,262.
Adjusted -$113,388 for 460 sqft less living space and -$32,366 for being older. Net adjustment: -$145,754.
The Neighborhood
This home is valued 52.1% 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 +52.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,255 across all districts. With a homestead exemption claimed, that drops to $6,473 — saving $1,782 per year. That's $539 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% | $5,737 |
| Williamson County | County | 0.3694% | $1,752 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $474 |
| Williamson County FM/Rd | County | 0.0443% | $210 |
| Lower Brushy Creek WCID | Water | 0.0169% | $80 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7403% | $8,255 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $557,672 would pay approximately $3,481 per month (principal and interest only, excluding taxes and insurance).