1120 FM 619 SPUR, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $-81,959 and $1,604,217, with a best estimate of $241,983. 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
$241,983
$93,759
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 $-81,959 and $1,604,217. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$72,498 for 760 sqft less living space and -$17,858 for being older. Net adjustment: -$90,356.
Adjusted -$41,972 for 440 sqft less living space and -$125,009 for being older. Net adjustment: -$166,981.
Adjusted +$10,684 for 112 sqft more living space and -$250,019 for being older. Net adjustment: -$239,335.
Adjusted -$37,489 for 393 sqft less living space and -$154,774 for being older. Net adjustment: -$192,263.
Adjusted +$80,320 for 842 sqft more living space and -$29,764 for being older. Net adjustment: +$50,556.
The Neighborhood
This home is valued 47.7% 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 -47.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $1,616 across all districts. With a homestead exemption claimed, that drops to $463 — saving $1,153 per year. That's $39 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% | $1,134 |
| Williamson County | County | 0.3694% | $346 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $94 |
| Williamson County FM/Rd | County | 0.0443% | $42 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7234% | $1,616 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $241,983 would pay approximately $1,510 per month (principal and interest only, excluding taxes and insurance).