653 CR 468, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $339,487 and $1,078,635, with a best estimate of $628,884. 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
$628,884
$640,340
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 $339,487 and $1,078,635. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$104,885 for 454 sqft less living space and -$10,886 for being older. Net adjustment: -$115,771.
Adjusted +$52,211 for 226 sqft more living space and -$10,886 for being older. Net adjustment: +$41,325.
Adjusted +$36,271 for 157 sqft more living space and +$3,629 for being newer. Net adjustment: +$39,900.
Adjusted +$84,093 for 364 sqft more living space and +$3,629 for being newer. Net adjustment: +$87,722.
Adjusted -$271,222 for 1,174 sqft less living space. Net adjustment: -$271,222.
The Neighborhood
This home is valued 52.9% 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 +52.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $4,603 across all districts. With a homestead exemption claimed, that drops to $2,925 — saving $1,678 per year. That's $244 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% | $3,192 |
| Williamson County | County | 0.3694% | $1,015 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $275 |
| Williamson County FM/Rd | County | 0.0443% | $122 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6760% | $4,603 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $628,884 would pay approximately $3,925 per month (principal and interest only, excluding taxes and insurance).