18054 FM 619, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $349,498 and $966,379, with a best estimate of $645,222. That places the property above the X006330I - THRALL ISD NON-CITY median of $447,610, in a neighborhood that appreciated 2.2% over the past year.
Estimated Value Range
$645,222
$330,878
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in X006330I - THRALL ISD NON-CITY, this home's estimated market value is between $349,498 and $966,379. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$36,481 for 148 sqft less living space and -$30,463 for being older. Net adjustment: -$66,944.
Adjusted +$51,271 for 208 sqft more living space and -$55,213 for being older and +$134,735 for having a garage. Net adjustment: +$130,793.
Adjusted +$147,405 for 598 sqft more living space and -$17,135 for being older and +$134,735 for having a garage. Net adjustment: +$265,005.
Adjusted +$105,254 for 427 sqft more living space and -$15,231 for being older and +$134,735 for having a garage. Net adjustment: +$224,758.
Adjusted +$1,479 for 6 sqft more living space and -$22,847 for being older and +$134,735 for having a garage. Net adjustment: +$113,367.
The Neighborhood
This home is valued 26.1% 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 -26.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,702 across all districts. With a homestead exemption claimed, that drops to $3,948 — saving $1,754 per year. That's $329 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% | $4,002 |
| Williamson County | County | 0.3694% | $1,222 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $331 |
| Williamson County FM/Rd | County | 0.0443% | $147 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7234% | $5,702 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $645,222 would pay approximately $4,027 per month (principal and interest only, excluding taxes and insurance).