1550 COUNTY ROAD 491, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $58,812 and $967,389, with a best estimate of $366,231. 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
$366,231
$400,632
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 $58,812 and $967,389. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$30,144 for 316 sqft more living space and -$59,528 for being older. Net adjustment: -$29,384.
Adjusted +$35,486 for 372 sqft more living space and -$47,623 for being older. Net adjustment: -$12,137.
Adjusted +$13,069 for 137 sqft more living space and +$53,575 for being newer. Net adjustment: +$66,644.
Adjusted +$56,853 for 596 sqft more living space and -$59,528 for being older. Net adjustment: -$2,675.
Adjusted +$2,957 for 31 sqft more living space. Net adjustment: +$2,957.
The Neighborhood
This home is valued 123.5% 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 +123.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,714 across all districts. With a homestead exemption claimed, that drops to $5,013 — saving $1,701 per year. That's $418 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% | $4,656 |
| Williamson County | County | 0.3694% | $1,480 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $401 |
| Williamson County FM/Rd | County | 0.0443% | $178 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6760% | $6,714 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $366,231 would pay approximately $2,286 per month (principal and interest only, excluding taxes and insurance).