2400 COUNTY ROAD 466, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $305,092 and $1,044,241, with a best estimate of $812,069. 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
$812,069
$705,244
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $305,092 and $1,044,241. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$150,165 for 650 sqft less living space. Net adjustment: -$150,165.
Adjusted +$6,931 for 30 sqft more living space. Net adjustment: +$6,931.
Adjusted -$9,010 for 39 sqft less living space and +$14,515 for being newer. Net adjustment: +$5,505.
Adjusted +$38,812 for 168 sqft more living space and +$14,515 for being newer. Net adjustment: +$53,327.
Adjusted +$100,726 for 436 sqft more living space and +$58,059 for being newer. Net adjustment: +$158,785.
The Neighborhood
This home is valued 68.4% 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 +68.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,820 across all districts. With a homestead exemption claimed, that drops to $10,062 — saving $1,758 per year. That's $839 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% | $8,196 |
| Williamson County | County | 0.3694% | $2,606 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $705 |
| Williamson County FM/Rd | County | 0.0443% | $313 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6760% | $11,820 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $812,069 would pay approximately $5,069 per month (principal and interest only, excluding taxes and insurance).