1450 CR 465, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $1,412,045 and $2,091,634, with a best estimate of $1,859,463. 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
$1,859,463
$421,732
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 $1,412,045 and $2,091,634. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$727,262 for 3,148 sqft more living space and +$14,515 for being newer. Net adjustment: +$741,777.
Adjusted +$893,599 for 3,868 sqft more living space and +$3,629 for being newer. Net adjustment: +$897,228.
Adjusted +$1,050,695 for 4,548 sqft more living space and +$3,629 for being newer. Net adjustment: +$1,054,324.
Adjusted +$1,082,577 for 4,686 sqft more living space and +$18,144 for being newer. Net adjustment: +$1,100,721.
Adjusted +$1,296,504 for 5,612 sqft more living space. Net adjustment: +$1,296,504.
The Neighborhood
This home is in line with the T705350I - SCO-COUPLAND median of $418,832. Note that values in this subdivision declined 4.1% over the past year.
T705350I - SCO-COUPLAND
typicalThis home is +0.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,140 across all districts. With a homestead exemption claimed, that drops to $5,435 — saving $1,705 per year. That's $453 per month a buyer should budget. The assessed value increased +2.7% vs the subdivision average of -4.1%. This above-average increase gives a protest opportunity score of 34 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Coupland ISD | School | 1.1622% | $4,901 |
| Williamson County | County | 0.3694% | $1,558 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $422 |
| Williamson County FM/Rd | County | 0.0443% | $187 |
| Lower Brushy Creek WCID | Water | 0.0169% | $71 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $7,140 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,859,463 would pay approximately $11,607 per month (principal and interest only, excluding taxes and insurance).