2300 CR 460, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $33,254 and $568,685, with a best estimate of $102,352. 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
$102,352
$84,443
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 $33,254 and $568,685. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$4,579 for 48 sqft more living space. Net adjustment: +$4,579.
Adjusted -$6,677 for 70 sqft less living space and -$5,953 for being older. Net adjustment: -$12,630.
Adjusted -$74,787 for 784 sqft less living space. Net adjustment: -$74,787.
Adjusted -$80,129 for 840 sqft less living space and +$23,811 for being newer. Net adjustment: -$56,318.
Adjusted -$47,887 for 502 sqft less living space and +$17,858 for being newer. Net adjustment: -$30,029.
The Neighborhood
This home is valued 52.9% 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 -52.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $1,430 across all districts. With a homestead exemption claimed, that drops to $430 — saving $1,000 per year. That's $36 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% | $981 |
| Williamson County | County | 0.3694% | $312 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $84 |
| Williamson County FM/Rd | County | 0.0443% | $37 |
| Lower Brushy Creek WCID | Water | 0.0169% | $14 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $1,430 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $102,352 would pay approximately $639 per month (principal and interest only, excluding taxes and insurance).