18050 FM 619, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $110,725 and $2,029,680, with a best estimate of $288,567. 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
$288,567
$105,271
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in AM40SDXI - MH EAST. The estimated range of $110,725 and $2,029,680 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$12,592 for 132 sqft more living space and -$11,906 for being older and -$86,138 for no pool and -$121,271 for no garage. Net adjustment: -$206,723.
Adjusted +$38,157 for 400 sqft more living space and -$113,104 for being older. Net adjustment: -$74,947.
Adjusted -$44,834 for 470 sqft less living space and +$5,953 for being newer. Net adjustment: -$38,881.
Adjusted +$34,723 for 364 sqft more living space and +$17,858 for being newer. Net adjustment: +$52,581.
Adjusted -$7,631 for 80 sqft less living space and -$113,104 for being older. Net adjustment: -$120,735.
The Neighborhood
This home is valued 41.3% 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 -41.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $1,814 across all districts. With a homestead exemption claimed, that drops to $521 — saving $1,293 per year. That's $43 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% | $1,273 |
| Williamson County | County | 0.3694% | $389 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $105 |
| Williamson County FM/Rd | County | 0.0443% | $47 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7234% | $1,814 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $288,567 would pay approximately $1,801 per month (principal and interest only, excluding taxes and insurance).