1601 CR 463 ELGIN, TX 78621
— williamson County
Property at a Glance
This home is estimated between $-5,000 and $915,145, with a best estimate of $397,057. That places the property below the T705350I - SCO-COUPLAND median of $418,832, in a neighborhood that declined 4.1% over the past year.
Estimated Value Range
$397,057
$359,304
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $-5,000 and $915,145. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$98,416 for 426 sqft more living space and -$54,431 for being older. Net adjustment: +$43,985.
Adjusted +$12,706 for 55 sqft more living space and -$203,208 for being older. Net adjustment: -$190,502.
Adjusted +$38,119 for 165 sqft more living space and -$119,747 for being older. Net adjustment: -$81,628.
Adjusted +$51,056 for 221 sqft more living space and -$127,005 for being older. Net adjustment: -$75,949.
Adjusted +$106,502 for 461 sqft more living space and -$145,148 for being older. Net adjustment: -$38,646.
The Neighborhood
This home is valued 14.2% 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
typicalThis home is -14.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,083 across all districts. With a homestead exemption claimed, that drops to $4,389 — saving $1,694 per year. That's $366 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% | $4,176 |
| Williamson County | County | 0.3694% | $1,327 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $359 |
| Williamson County FM/Rd | County | 0.0443% | $159 |
| Lower Brushy Creek WCID | Water | 0.0169% | $61 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $6,083 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $397,057 would pay approximately $2,478 per month (principal and interest only, excluding taxes and insurance).