301 CR 491, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $383,043 and $1,998,286, with a best estimate of $520,052. 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
$520,052
$650,007
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $383,043 and $1,998,286. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$46,205 for 200 sqft more living space and -$10,886 for being older. Net adjustment: +$35,319.
Adjusted +$32,805 for 142 sqft more living space and +$3,629 for being newer. Net adjustment: +$36,434.
Adjusted +$17,558 for 76 sqft more living space and +$3,629 for being newer. Net adjustment: +$21,187.
Adjusted -$73,928 for 320 sqft less living space and +$47,173 for being newer. Net adjustment: -$26,755.
Adjusted -$73,928 for 320 sqft less living space and +$123,376 for being newer. Net adjustment: +$49,448.
The Neighborhood
This home is valued 55.2% 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
outlier highThis home is +55.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,848 across all districts. With a homestead exemption claimed, that drops to $4,157 — saving $1,691 per year. That's $346 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% | $4,056 |
| Williamson County | County | 0.3694% | $1,289 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $349 |
| Williamson County FM/Rd | County | 0.0443% | $155 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6760% | $5,848 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $520,052 would pay approximately $3,246 per month (principal and interest only, excluding taxes and insurance).