1051 CR 491, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $275,140 and $814,492, with a best estimate of $407,822. That places the property above the AM40SDXI - MH EAST median of $179,286, in a neighborhood that declined 0.7% over the past year.
Estimated Value Range
$407,822
$297,150
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 $275,140 and $814,492. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$22,894 for 240 sqft less living space and +$148,821 for being newer. Net adjustment: +$125,927.
Adjusted -$33,578 for 352 sqft less living space and +$166,679 for being newer. Net adjustment: +$133,101.
Adjusted -$18,411 for 193 sqft less living space and +$214,302 for being newer. Net adjustment: +$195,891.
Adjusted -$44,262 for 464 sqft less living space and +$166,679 for being newer. Net adjustment: +$122,417.
Adjusted +$1,145 for 12 sqft more living space and +$184,538 for being newer. Net adjustment: +$185,683.
The Neighborhood
This home is valued 65.7% above the AM40SDXI - MH EAST median of $179,286. With 922 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.7% over the past year.
AM40SDXI - MH EAST
outlier highThis home is +65.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $1,106 across all districts. With a homestead exemption claimed, that drops to $321 — saving $785 per year. That's $27 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% | $767 |
| Williamson County | County | 0.3694% | $244 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $66 |
| Williamson County FM/Rd | County | 0.0443% | $29 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6760% | $1,106 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $407,822 would pay approximately $2,546 per month (principal and interest only, excluding taxes and insurance).