602 RIO GRANDE ST S, GRANGER, TX 76530
GRANGER, 76530 — williamson County
Property at a Glance
This home is estimated between $-176,020 and $97,943, with a best estimate of $-111,344. That places the property below the AM40SDXI - MH EAST median of $179,286, in a neighborhood that declined 0.7% over the past year.
Estimated Value Range
$-111,344
$46,929
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 $-176,020 and $97,943. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$33,006 for 346 sqft less living space and -$77,387 for being older. Net adjustment: -$110,393.
Adjusted -$165,028 for 1,730 sqft less living space and -$59,528 for being older. Net adjustment: -$224,556.
Adjusted -$11,638 for 122 sqft less living space and -$273,830 for being older. Net adjustment: -$285,468.
Adjusted -$94,629 for 992 sqft less living space and +$17,858 for being newer and -$121,271 for no garage. Net adjustment: -$198,042.
Adjusted -$97,490 for 1,022 sqft less living space and -$238,113 for being older. Net adjustment: -$335,603.
The Neighborhood
This home is valued 73.8% 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
outlier lowThis home is -73.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $131 across all districts. With a homestead exemption claimed, that drops to $48 — saving $83 per year. That's $4 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 |
|---|---|---|---|
| Granger ISD | School | 1.2093% | $64 |
| Granger | City | 0.8400% | $45 |
| Williamson County | County | 0.3694% | $20 |
| Williamson County FM/Rd | County | 0.0443% | $2 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4631% | $131 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $-111,344 would pay approximately $-695 per month (principal and interest only, excluding taxes and insurance).