300 CR 462, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $120,294 and $449,231, with a best estimate of $319,277. 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
$319,277
$556,084
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 $120,294 and $449,231. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$164,489 for 712 sqft less living space and -$36,287 for being older. Net adjustment: -$200,776.
Adjusted -$118,284 for 512 sqft less living space and -$47,173 for being older. Net adjustment: -$165,457.
Adjusted -$131,683 for 570 sqft less living space and -$32,658 for being older. Net adjustment: -$164,341.
Adjusted -$90,561 for 392 sqft less living space and -$14,515 for being older. Net adjustment: -$105,076.
Adjusted -$238,416 for 1,032 sqft less living space and +$87,089 for being newer. Net adjustment: -$151,327.
The Neighborhood
This home is valued 32.8% 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 +32.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $2,091 across all districts. With a homestead exemption claimed, that drops to $633 — saving $1,458 per year. That's $53 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% | $1,435 |
| Williamson County | County | 0.3694% | $456 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $124 |
| Williamson County FM/Rd | County | 0.0443% | $55 |
| Lower Brushy Creek WCID | Water | 0.0169% | $21 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $2,091 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $319,277 would pay approximately $1,993 per month (principal and interest only, excluding taxes and insurance).