CR 463, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $109,608 and $540,950, with a best estimate of $242,290. That places the property above the AM40SDXI - MH EAST median of $179,286, in a neighborhood that declined 0.7% over the past year.
Estimated Value Range
$242,290
$309,431
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 $109,608 and $540,950. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$51,511 for 540 sqft less living space and +$11,906 for being newer. Net adjustment: -$39,605.
Adjusted -$62,195 for 652 sqft less living space and +$29,764 for being newer. Net adjustment: -$32,431.
Adjusted -$10,302 for 108 sqft less living space and +$53,575 for being newer. Net adjustment: +$43,273.
Adjusted -$47,028 for 493 sqft less living space and +$77,387 for being newer. Net adjustment: +$30,359.
Adjusted -$72,879 for 764 sqft less living space and +$29,764 for being newer. Net adjustment: -$43,115.
The Neighborhood
This home is valued 72.6% above the AM40SDXI - MH EAST median of $179,286. With 922 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.7% over the past year.
AM40SDXI - MH EAST
outlier highThis home is +72.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $909 across all districts. With a homestead exemption claimed, that drops to $267 — saving $642 per year. That's $22 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% | $624 |
| Williamson County | County | 0.3694% | $198 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $54 |
| Williamson County FM/Rd | County | 0.0443% | $24 |
| Lower Brushy Creek WCID | Water | 0.0169% | $9 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $909 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $242,290 would pay approximately $1,512 per month (principal and interest only, excluding taxes and insurance).