2300 CR 460, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $-41,935 and $244,872, with a best estimate of $74,924. 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
$74,924
$53,410
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 $-41,935 and $244,872. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$6,677 for 70 sqft less living space and +$35,717 for being newer. Net adjustment: +$29,040.
Adjusted +$4,579 for 48 sqft more living space and +$41,670 for being newer. Net adjustment: +$46,249.
Adjusted -$74,787 for 784 sqft less living space and +$41,670 for being newer. Net adjustment: -$33,117.
Adjusted -$14,500 for 152 sqft less living space and -$107,151 for being older. Net adjustment: -$121,651.
Adjusted -$86,329 for 905 sqft less living space and -$35,717 for being older. Net adjustment: -$122,046.
The Neighborhood
This home is valued 70.2% 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
outlier lowThis home is -70.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $904 across all districts. With a homestead exemption claimed, that drops to $265 — saving $639 per year. That's $22 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% | $621 |
| Williamson County | County | 0.3694% | $197 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $53 |
| Williamson County FM/Rd | County | 0.0443% | $24 |
| Lower Brushy Creek WCID | Water | 0.0169% | $9 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $904 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $74,924 would pay approximately $468 per month (principal and interest only, excluding taxes and insurance).