3880 CR 460, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $85,606 and $621,037, with a best estimate of $154,704. That places the property below the AM40SDXI - MH EAST median of $179,286, in a neighborhood that declined 0.7% over the past year.
Estimated Value Range
$154,704
$93,481
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $85,606 and $621,037. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$33,769 for 354 sqft more living space and +$5,953 for being newer. Net adjustment: +$39,722.
Adjusted -$39,683 for 416 sqft less living space and +$35,717 for being newer. Net adjustment: -$3,966.
Adjusted -$4,579 for 48 sqft less living space and -$29,764 for being older. Net adjustment: -$34,343.
Adjusted -$7,441 for 78 sqft less living space and +$29,764 for being newer. Net adjustment: +$22,323.
Adjusted -$34,341 for 360 sqft less living space and +$11,906 for being newer. Net adjustment: -$22,435.
The Neighborhood
This home is valued 47.9% 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
below averageThis home is -47.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $1,583 across all districts. With a homestead exemption claimed, that drops to $478 — saving $1,105 per year. That's $40 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% | $1,086 |
| Williamson County | County | 0.3694% | $345 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $93 |
| Williamson County FM/Rd | County | 0.0443% | $41 |
| Lower Brushy Creek WCID | Water | 0.0169% | $16 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $1,583 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $154,704 would pay approximately $966 per month (principal and interest only, excluding taxes and insurance).