4500 CR 467, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $-4,258 and $421,661, with a best estimate of $135,254. 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
$135,254
$108,041
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in AM40SDXI - MH EAST, this home's estimated market value is between $-4,258 and $421,661. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$11,542 for 121 sqft less living space and -$77,387 for being older. Net adjustment: -$88,929.
Adjusted -$5,342 for 56 sqft less living space and +$23,811 for being newer. Net adjustment: +$18,469.
Adjusted -$16,026 for 168 sqft less living space and -$142,868 for being older. Net adjustment: -$158,894.
Adjusted -$81,178 for 851 sqft less living space and -$11,906 for being older. Net adjustment: -$93,084.
Adjusted -$26,710 for 280 sqft less living space and -$125,009 for being older. Net adjustment: -$151,719.
The Neighborhood
This home is valued 39.7% 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
below averageThis home is -39.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $1,811 across all districts. With a homestead exemption claimed, that drops to $535 — saving $1,276 per year. That's $45 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 |
|---|---|---|---|
| Coupland ISD | School | 1.1622% | $1,256 |
| Williamson County | County | 0.3694% | $399 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $108 |
| Williamson County FM/Rd | County | 0.0443% | $48 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6760% | $1,811 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $135,254 would pay approximately $844 per month (principal and interest only, excluding taxes and insurance).