3475 CR 464, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $82,465 and $701,584, with a best estimate of $633,853. 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
$633,853
$339,568
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 $82,465 and $701,584. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$108,812 for 471 sqft less living space and +$47,173 for being newer. Net adjustment: -$61,639.
Adjusted -$2,541 for 11 sqft less living space and +$61,688 for being newer. Net adjustment: +$59,147.
Adjusted +$43,201 for 187 sqft more living space and -$14,515 for being older. Net adjustment: +$28,686.
Adjusted +$33,036 for 143 sqft more living space and -$10,886 for being older. Net adjustment: +$22,150.
Adjusted -$21,947 for 95 sqft less living space and -$3,629 for being older. Net adjustment: -$25,576.
The Neighborhood
This home is valued 18.9% 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 -18.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,691 across all districts. With a homestead exemption claimed, that drops to $4,001 — saving $1,690 per year. That's $333 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% | $3,946 |
| Williamson County | County | 0.3694% | $1,255 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $340 |
| Williamson County FM/Rd | County | 0.0443% | $151 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6760% | $5,691 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $633,853 would pay approximately $3,956 per month (principal and interest only, excluding taxes and insurance).