2301 COUNTY ROAD 466, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $120,141 and $932,059, with a best estimate of $259,653. 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
$259,653
$74,411
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in AM40SDXI - MH EAST, this home's estimated market value is between $120,141 and $932,059. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$21,368 for 224 sqft less living space and -$5,953 for being older. Net adjustment: -$27,321.
Adjusted -$10,684 for 112 sqft less living space and -$23,811 for being older. Net adjustment: -$34,495.
Adjusted -$58,761 for 616 sqft less living space and -$5,953 for being older. Net adjustment: -$64,714.
Adjusted -$6,200 for 65 sqft less living space and +$41,670 for being newer. Net adjustment: +$35,470.
Adjusted +$142,868 for being newer. Net adjustment: +$142,868.
The Neighborhood
This home is valued 58.5% below the AM40SDXI - MH EAST median of $179,286. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.7% over the past year.
AM40SDXI - MH EAST
outlier lowThis home is -58.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $1,260 across all districts. With a homestead exemption claimed, that drops to $376 — saving $884 per year. That's $31 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% | $865 |
| Williamson County | County | 0.3694% | $275 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $74 |
| Williamson County FM/Rd | County | 0.0443% | $33 |
| Lower Brushy Creek WCID | Water | 0.0169% | $13 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $1,260 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $259,653 would pay approximately $1,621 per month (principal and interest only, excluding taxes and insurance).