1440 CR 465, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $856,337 and $1,535,926, with a best estimate of $1,086,175. 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
$1,086,175
$744,623
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T705350I - SCO-COUPLAND, this home's estimated market value is between $856,337 and $1,535,926. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$345,149 for 1,494 sqft more living space and -$3,629 for being older. Net adjustment: +$341,520.
Adjusted +$178,812 for 774 sqft more living space and +$7,257 for being newer. Net adjustment: +$186,069.
Adjusted +$502,245 for 2,174 sqft more living space and -$3,629 for being older. Net adjustment: +$498,616.
Adjusted +$534,127 for 2,312 sqft more living space and +$10,886 for being newer. Net adjustment: +$545,013.
Adjusted +$342,377 for 1,482 sqft more living space and +$61,688 for being newer. Net adjustment: +$404,065.
The Neighborhood
This home is valued 77.8% 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 +77.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,606 across all districts. With a homestead exemption claimed, that drops to $10,841 — saving $1,765 per year. That's $903 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% | $8,654 |
| Williamson County | County | 0.3694% | $2,751 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $745 |
| Williamson County FM/Rd | County | 0.0443% | $330 |
| Lower Brushy Creek WCID | Water | 0.0169% | $126 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $12,606 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,086,175 would pay approximately $6,780 per month (principal and interest only, excluding taxes and insurance).