1219 CR 463, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $191,971 and $1,030,988, with a best estimate of $255,740. That places the property above the AM40SDXI - MH EAST median of $179,286, in a neighborhood that declined 0.7% over the past year.
Estimated Value Range
$255,740
$390,866
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 $191,971 and $1,030,988. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$28,999 for 304 sqft more living space and +$29,764 for being newer. Net adjustment: +$58,763.
Adjusted +$66,393 for 696 sqft more living space and +$23,811 for being newer. Net adjustment: +$90,204.
Adjusted +$45,025 for 472 sqft more living space and -$29,764 for being older. Net adjustment: +$15,261.
Adjusted +$39,683 for 416 sqft more living space and +$17,858 for being newer. Net adjustment: +$57,541.
Adjusted +$14,404 for 151 sqft more living space and +$5,953 for being newer and -$121,271 for no garage. Net adjustment: -$100,914.
The Neighborhood
This home is valued 118.0% above the AM40SDXI - MH EAST median of $179,286. With 922 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.7% over the past year.
AM40SDXI - MH EAST
outlier highThis home is +118.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $3,772 across all districts. With a homestead exemption claimed, that drops to $2,104 — saving $1,668 per year. That's $175 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% | $2,590 |
| Williamson County | County | 0.3694% | $823 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $223 |
| Williamson County FM/Rd | County | 0.0443% | $99 |
| Lower Brushy Creek WCID | Water | 0.0169% | $38 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $3,772 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $255,740 would pay approximately $1,596 per month (principal and interest only, excluding taxes and insurance).