640 CR 474, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $165,234 and $603,336, with a best estimate of $504,388. 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
$504,388
$500,197
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in X006330I - THRALL ISD NON-CITY. The estimated range of $165,234 and $603,336 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$42,151 for 171 sqft more living space and -$32,366 for being older. Net adjustment: +$9,785.
Adjusted -$14,050 for 57 sqft less living space and -$11,423 for being older. Net adjustment: -$25,473.
Adjusted -$49,053 for 199 sqft less living space and -$19,039 for being older. Net adjustment: -$68,092.
Adjusted -$76,167 for 309 sqft less living space. Net adjustment: -$76,167.
Adjusted -$103,775 for 421 sqft less living space and -$5,712 for being older. Net adjustment: -$109,487.
The Neighborhood
This home is valued 11.7% above the X006330I - THRALL ISD NON-CITY median of $447,610. With 1,269 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 2.2% over the past year.
X006330I - THRALL ISD NON-CITY
typicalThis home is +11.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,620 across all districts. With a homestead exemption claimed, that drops to $6,834 — saving $1,786 per year. That's $570 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% | $6,050 |
| Williamson County | County | 0.3694% | $1,848 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $500 |
| Williamson County FM/Rd | County | 0.0443% | $222 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7234% | $8,620 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $504,388 would pay approximately $3,148 per month (principal and interest only, excluding taxes and insurance).