1500 CR 484, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $146,476 and $1,291,591, with a best estimate of $316,180. That places the property below the T705350I - SCO-COUPLAND median of $418,832, in a neighborhood that declined 4.1% over the past year.
Estimated Value Range
$316,180
$230,303
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 $146,476 and $1,291,591. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$42,739 for 185 sqft more living space and -$32,658 for being older. Net adjustment: +$10,081.
Adjusted +$57,525 for 249 sqft more living space and -$7,257 for being older. Net adjustment: +$50,268.
Adjusted +$29,802 for 129 sqft more living space and -$68,946 for being older. Net adjustment: -$39,144.
Adjusted -$112,508 for 487 sqft less living space and -$47,173 for being older. Net adjustment: -$159,681.
Adjusted -$14,786 for 64 sqft less living space and +$210,465 for being newer. Net adjustment: +$195,679.
The Neighborhood
This home is valued 45.0% below the T705350I - SCO-COUPLAND median of $418,832. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.1% over the past year.
T705350I - SCO-COUPLAND
below averageThis home is -45.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,860 across all districts. With a homestead exemption claimed, that drops to $2,190 — saving $1,670 per year. That's $183 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% | $2,677 |
| Williamson County | County | 0.3694% | $851 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $230 |
| Williamson County FM/Rd | County | 0.0443% | $102 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6760% | $3,860 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $316,180 would pay approximately $1,974 per month (principal and interest only, excluding taxes and insurance).