18441 FM 619, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $200,677 and $1,907,434, with a best estimate of $301,009. 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
$301,009
$225,370
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $200,677 and $1,907,434. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$117,332 for 476 sqft less living space and -$42,546 for no pool and -$134,735 for no garage. Net adjustment: -$294,613.
Adjusted -$60,145 for 244 sqft less living space and -$9,520 for being older. Net adjustment: -$69,665.
Adjusted -$265,723 for 1,078 sqft less living space and -$5,712 for being older. Net adjustment: -$271,435.
Adjusted -$169,589 for 688 sqft less living space and +$32,366 for being newer. Net adjustment: -$137,223.
Adjusted -$29,580 for 120 sqft less living space and -$17,135 for being older. Net adjustment: -$46,715.
The Neighborhood
This home is valued 49.7% below the X006330I - THRALL ISD NON-CITY median of $447,610. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 2.2% over the past year.
X006330I - THRALL ISD NON-CITY
below averageThis home is -49.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,884 across all districts. With a homestead exemption claimed, that drops to $2,149 — saving $1,735 per year. That's $179 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% | $2,726 |
| Williamson County | County | 0.3694% | $833 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $225 |
| Williamson County FM/Rd | County | 0.0443% | $100 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7234% | $3,884 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $301,009 would pay approximately $1,879 per month (principal and interest only, excluding taxes and insurance).