2216 CR 466, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $73,782 and $679,273, with a best estimate of $618,718. 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
$618,718
$294,892
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 $73,782 and $679,273. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$17,096 for 74 sqft more living space and -$3,629 for being older. Net adjustment: +$13,467.
Adjusted +$27,261 for 118 sqft more living space and -$7,257 for being older. Net adjustment: +$20,004.
Adjusted -$18,482 for 80 sqft less living space and +$68,946 for being newer. Net adjustment: +$50,464.
Adjusted +$23,102 for 100 sqft more living space and +$65,317 for being newer. Net adjustment: +$88,419.
Adjusted -$37,888 for 164 sqft less living space and +$3,629 for being newer. Net adjustment: -$34,259.
The Neighborhood
This home is valued 29.6% 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 -29.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,942 across all districts. With a homestead exemption claimed, that drops to $3,261 — saving $1,681 per year. That's $272 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% | $3,427 |
| Williamson County | County | 0.3694% | $1,089 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $295 |
| Williamson County FM/Rd | County | 0.0443% | $131 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6760% | $4,942 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $618,718 would pay approximately $3,862 per month (principal and interest only, excluding taxes and insurance).