507 E ELM ST, GRANGER, TX 76530
GRANGER, 76530 — williamson County
Property at a Glance
This home is estimated between $78,332 and $285,563, with a best estimate of $167,527. That places the property below the J501330I - GRANGER ISD CITY median of $199,286, in a neighborhood that declined 1.0% over the past year.
Estimated Value Range
$167,527
$204,993
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in J501330I - GRANGER ISD CITY, this home's estimated market value is between $78,332 and $285,563. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$19,606 for 138 sqft less living space and -$9,662 for being older and -$72,576 for no garage. Net adjustment: -$101,844.
Adjusted -$41,485 for 292 sqft less living space and -$7,515 for being older. Net adjustment: -$49,000.
Adjusted -$5,115 for 36 sqft less living space and -$1,074 for being older. Net adjustment: -$6,189.
Adjusted -$11,650 for 82 sqft less living space and +$4,294 for being newer. Net adjustment: -$7,356.
Adjusted +$4,546 for 32 sqft more living space and +$13,956 for being newer. Net adjustment: +$18,502.
The Neighborhood
This home is valued 2.9% above the J501330I - GRANGER ISD CITY median of $199,286. With 446 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.0% over the past year.
J501330I - GRANGER ISD CITY
typicalThis home is +2.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,049 across all districts. With a homestead exemption claimed, that drops to $3,318 — saving $1,731 per year. That's $277 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% | $2,479 |
| Granger | City | 0.8400% | $1,722 |
| Williamson County | County | 0.3694% | $757 |
| Williamson County FM/Rd | County | 0.0443% | $91 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4631% | $5,049 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $167,527 would pay approximately $1,046 per month (principal and interest only, excluding taxes and insurance).