215 CR 489 ELGIN, TX 78621
— williamson County
Property at a Glance
This home is estimated between $224,729 and $1,086,612, with a best estimate of $673,303. 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
$673,303
$296,030
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 $224,729 and $1,086,612. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$165,182 for 715 sqft less living space and -$25,401 for being older. Net adjustment: -$190,583.
Adjusted -$120,825 for 523 sqft less living space and +$58,059 for being newer. Net adjustment: -$62,766.
Adjusted +$27,261 for 118 sqft more living space and -$7,257 for being older. Net adjustment: +$20,004.
Adjusted +$46,898 for 203 sqft more living space and -$18,144 for being older. Net adjustment: +$28,754.
Adjusted -$27,723 for 120 sqft less living space and +$39,916 for being newer. Net adjustment: +$12,193.
The Neighborhood
This home is valued 29.3% 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 -29.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,012 across all districts. With a homestead exemption claimed, that drops to $3,330 — saving $1,682 per year. That's $278 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% | $3,440 |
| Williamson County | County | 0.3694% | $1,094 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $296 |
| Williamson County FM/Rd | County | 0.0443% | $131 |
| Lower Brushy Creek WCID | Water | 0.0169% | $50 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $5,012 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $673,303 would pay approximately $4,203 per month (principal and interest only, excluding taxes and insurance).