2411 CR 464, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $298,161 and $1,037,310, with a best estimate of $805,138. 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
$805,138
$587,559
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 $298,161 and $1,037,310. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$93,796 for 406 sqft more living space and +$58,059 for being newer. Net adjustment: +$151,855.
Adjusted -$157,096 for 680 sqft less living space. Net adjustment: -$157,096.
Adjusted -$15,941 for 69 sqft less living space and +$14,515 for being newer. Net adjustment: -$1,426.
Adjusted +$31,881 for 138 sqft more living space and +$14,515 for being newer. Net adjustment: +$46,396.
Adjusted -$323,433 for 1,400 sqft less living space and +$10,886 for being newer. Net adjustment: -$312,547.
The Neighborhood
This home is valued 40.3% 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
above averageThis home is +40.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,181 across all districts. With a homestead exemption claimed, that drops to $3,497 — saving $1,684 per year. That's $291 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% | $3,557 |
| Williamson County | County | 0.3694% | $1,131 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $306 |
| Williamson County FM/Rd | County | 0.0443% | $136 |
| Lower Brushy Creek WCID | Water | 0.0169% | $52 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $5,181 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $805,138 would pay approximately $5,026 per month (principal and interest only, excluding taxes and insurance).