51 CR 463, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $475,499 and $771,723, with a best estimate of $652,560. That places the property above the T705350I - SCO-COUPLAND median of $418,832, in a neighborhood that declined 4.1% over the past year.
Estimated Value Range
$652,560
$457,315
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in T705350I - SCO-COUPLAND. The estimated range of $475,499 and $771,723 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$144,621 for 626 sqft more living space. Net adjustment: +$144,621.
Adjusted -$80,858 for 350 sqft less living space and -$50,802 for being older. Net adjustment: -$131,660.
Adjusted +$293,862 for 1,272 sqft more living space and +$7,257 for being newer. Net adjustment: +$301,119.
Adjusted -$63,069 for 273 sqft less living space and -$83,460 for being older. Net adjustment: -$146,529.
Adjusted +$51,287 for 222 sqft more living space and -$130,634 for being older. Net adjustment: -$79,347.
The Neighborhood
This home is valued 9.2% above the T705350I - SCO-COUPLAND median of $418,832. With 561 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.1% over the past year.
T705350I - SCO-COUPLAND
typicalThis home is +9.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,742 across all districts. With a homestead exemption claimed, that drops to $6,030 — saving $1,712 per year. That's $503 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% | $5,315 |
| Williamson County | County | 0.3694% | $1,690 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $457 |
| Williamson County FM/Rd | County | 0.0443% | $203 |
| Lower Brushy Creek WCID | Water | 0.0169% | $78 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $7,742 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $652,560 would pay approximately $4,073 per month (principal and interest only, excluding taxes and insurance).