525 FM 619 SPUR, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $-186,221 and $1,469,130, with a best estimate of $245,602. That places the property below the X006330I - THRALL ISD NON-CITY median of $447,610, in a neighborhood that appreciated 2.2% over the past year.
Estimated Value Range
$245,602
$491,543
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 $-186,221 and $1,469,130. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$27,608 for 112 sqft less living space. Net adjustment: -$27,608.
Adjusted -$58,173 for 236 sqft less living space and -$114,235 for being older. Net adjustment: -$172,408.
Adjusted -$182,653 for 741 sqft less living space and -$144,697 for being older. Net adjustment: -$327,350.
Adjusted -$85,781 for 348 sqft less living space and -$194,199 for being older. Net adjustment: -$279,980.
Adjusted +$121,769 for 494 sqft more living space and -$184,679 for being older. Net adjustment: -$62,910.
The Neighborhood
This home is valued 9.8% 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
typicalThis home is +9.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,471 across all districts. With a homestead exemption claimed, that drops to $6,687 — saving $1,784 per year. That's $557 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% | $5,946 |
| Williamson County | County | 0.3694% | $1,816 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $492 |
| Williamson County FM/Rd | County | 0.0443% | $218 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7234% | $8,471 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $245,602 would pay approximately $1,533 per month (principal and interest only, excluding taxes and insurance).