401 CR 468, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $246,484 and $861,626, with a best estimate of $547,781. 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
$547,781
$585,059
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 $246,484 and $861,626. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$2,772 for 12 sqft more living space and -$10,886 for being older. Net adjustment: -$8,114.
Adjusted +$78,317 for 339 sqft more living space and +$3,629 for being newer. Net adjustment: +$81,946.
Adjusted -$133,763 for 579 sqft less living space and -$3,629 for being older. Net adjustment: -$137,392.
Adjusted +$31,419 for 136 sqft more living space and +$21,772 for being newer. Net adjustment: +$53,191.
Adjusted +$58,680 for 254 sqft more living space and +$14,515 for being newer. Net adjustment: +$73,195.
The Neighborhood
This home is valued 39.7% 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
above averageThis home is +39.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,805 across all districts. With a homestead exemption claimed, that drops to $8,070 — saving $1,735 per year. That's $673 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% | $6,800 |
| Williamson County | County | 0.3694% | $2,161 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $585 |
| Williamson County FM/Rd | County | 0.0443% | $259 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6760% | $9,805 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $547,781 would pay approximately $3,419 per month (principal and interest only, excluding taxes and insurance).