4850 CR 467, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $-171,950 and $274,833, with a best estimate of $214,279. 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
$214,279
$669,919
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T705350I - SCO-COUPLAND, this home's estimated market value is between $-171,950 and $274,833. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$50,594 for 219 sqft less living space and -$333,841 for being older. Net adjustment: -$384,435.
Adjusted -$60,759 for 263 sqft less living space and -$330,213 for being older. Net adjustment: -$390,972.
Adjusted -$54,753 for 237 sqft less living space and -$261,267 for being older. Net adjustment: -$316,020.
Adjusted -$96,337 for 417 sqft less living space and -$257,639 for being older. Net adjustment: -$353,976.
Adjusted -$210,694 for 912 sqft less living space and -$181,436 for being older. Net adjustment: -$392,130.
The Neighborhood
This home is valued 59.9% 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
outlier highThis home is +59.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $1,356 across all districts. With a homestead exemption claimed, that drops to $397 — saving $959 per year. That's $33 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% | $941 |
| Williamson County | County | 0.3694% | $299 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $81 |
| Williamson County FM/Rd | County | 0.0443% | $36 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6760% | $1,356 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $214,279 would pay approximately $1,338 per month (principal and interest only, excluding taxes and insurance).