470 COUNTY ROAD 484, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $-23,032 and $627,538, with a best estimate of $116,481. 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
$116,481
$141,230
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 $-23,032 and $627,538. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$18,411 for 193 sqft less living space and -$89,292 for being older. Net adjustment: -$107,703.
Adjusted -$12,210 for 128 sqft less living space and +$11,906 for being newer. Net adjustment: -$304.
Adjusted +$15,835 for 166 sqft more living space. Net adjustment: +$15,835.
Adjusted -$6,868 for 72 sqft less living space and -$11,906 for being older. Net adjustment: -$18,774.
Adjusted +$20,032 for 210 sqft more living space and +$5,953 for being newer. Net adjustment: +$25,985.
The Neighborhood
This home is valued 21.2% 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
below averageThis home is -21.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $2,367 across all districts. With a homestead exemption claimed, that drops to $714 — saving $1,653 per year. That's $60 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% | $1,641 |
| Williamson County | County | 0.3694% | $522 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $141 |
| Williamson County FM/Rd | County | 0.0443% | $63 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6760% | $2,367 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $116,481 would pay approximately $727 per month (principal and interest only, excluding taxes and insurance).