1805 CR 468, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $878,129 and $1,349,857, with a best estimate of $1,025,702. 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
$1,025,702
$670,268
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 $878,129 and $1,349,857. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$166,337 for 720 sqft more living space and -$10,886 for being older. Net adjustment: +$155,451.
Adjusted +$323,433 for 1,400 sqft more living space and -$10,886 for being older. Net adjustment: +$312,547.
Adjusted +$355,314 for 1,538 sqft more living space and +$3,629 for being newer. Net adjustment: +$358,943.
Adjusted +$163,565 for 708 sqft more living space and +$54,431 for being newer. Net adjustment: +$217,996.
Adjusted +$148,779 for 644 sqft more living space. Net adjustment: +$148,779.
The Neighborhood
This home is valued 60.0% 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 +60.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,234 across all districts. With a homestead exemption claimed, that drops to $9,483 — saving $1,751 per year. That's $790 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% | $7,790 |
| Williamson County | County | 0.3694% | $2,476 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $670 |
| Williamson County FM/Rd | County | 0.0443% | $297 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6760% | $11,234 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,025,702 would pay approximately $6,402 per month (principal and interest only, excluding taxes and insurance).