What is the home price forecast for Parcel 48309003402 in Elm Mott?

Homecastr forecasts median home values at $235,548 currently, with a 5-year expected change of 4.6%.

What is the home price forecast for Parcel 48309003402 in Elm Mott?

Homecastr forecasts median home values at $235,548 currently, with a 5-year expected change of 4.6%.

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Parcel 48309003402 (Elm Mott) Home Price Forecast | Homecastr

Parcel 48309003402, Elm Mott Home Price Forecast

McLennan, TX · ZIP 76705 · Census Tract 48309003402 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$236K

Downside (P10)

$194K

-18% by 2030

Base Case (P50)

$246K

+5% by 2030

Upside (P90)

$332K

+41% by 2030

Base case: +5% by 2030, with a forecast range from -18% to +41%. The model forecasts this with 69% confidence.

Forecast Timeline

Historical Trend & Forecast

HistoricalForecast (p50)Confidence range

View detailed timeline

Year	2020	2021	2022	2023	2024	2026	2027	2028	2029
Median Value	$155K	$165K	$191K	$210K	$225K	$236K	$240K	$240K	$246K
Growth $ vs 2026	-$80,548	-$70,248	-$44,648	-$25,848	-$10,148		+$4,427	+$4,694	+$10,918
Growth % vs 2026	-34.2%	-29.8%	-19.0%	-11.0%	-4.3%		+1.9%	+2.0%	+4.6%
Downside (P10)							$192K	$200K	$194K
Upside (P90)							$282K	$287K	$332K

Forecast Confidence

69%

Moderate Confidence

The predictive band is moderate for this surface over the shown horizon. The confidence profile stays fairly consistent across the horizon.

Near-term band

$192K to $282K

37.4% of median

Long-horizon band

$194K to $332K

55.8% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +4.6% · Spread: 56%

·The forecast implies relatively stable values through the full horizon, with modest movements in either direction.
·The base case is supported by stable local demand and a moderate medium-term appreciation path.
·The narrow range suggests relatively high model confidence for this market.

Location

Parcel 48309003402, Elm Mott on map

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Forecasts are probabilistic model outputs, not guarantees. The model uses historical data and economic indicators; it does not observe property-specific conditions. This is not financial, investment, or real estate advice. Learn more about our methodology.

Methodology & Data Sources

Model

Homecastr World Model (Schrödinger Bridge v12)

Forecast Horizon

2027 to 2030

Schema Version

forecast_queue

Citation

Hardesty Lewis, D. (2026). Homecastr Home Price Forecast. Retrieved from homecastr.com.

Data Sources

U.S. Census Bureau. American Community Survey (ACS), 5-Year Estimates, Table B25077 (Median Home Value), Census Tract level.
U.S. Census Bureau. TIGER/Line Shapefiles, Census Tract and ZCTA boundaries.
Federal Reserve Bank of St. Louis (FRED). 30-Year Fixed Rate Mortgage Average (MORTGAGE30US), Unemployment Rate (UNRATE), Consumer Price Index (CPIAUCSL).