215 COUNTY ROAD 462, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $283,117 and $1,022,266, with a best estimate of $790,094. 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
$790,094
$504,675
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 $283,117 and $1,022,266. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$89,637 for 388 sqft more living space and +$47,173 for being newer. Net adjustment: +$136,810.
Adjusted -$161,254 for 698 sqft less living space and -$10,886 for being older. Net adjustment: -$172,140.
Adjusted -$4,158 for 18 sqft less living space and -$10,886 for being older. Net adjustment: -$15,044.
Adjusted -$20,099 for 87 sqft less living space and +$3,629 for being newer. Net adjustment: -$16,470.
Adjusted +$27,723 for 120 sqft more living space and +$3,629 for being newer. Net adjustment: +$31,352.
The Neighborhood
This home is valued 20.5% 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 +20.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,544 across all districts. With a homestead exemption claimed, that drops to $6,823 — saving $1,721 per year. That's $569 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% | $5,865 |
| Williamson County | County | 0.3694% | $1,865 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $505 |
| Williamson County FM/Rd | County | 0.0443% | $224 |
| Lower Brushy Creek WCID | Water | 0.0169% | $86 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $8,544 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $790,094 would pay approximately $4,932 per month (principal and interest only, excluding taxes and insurance).