650 CR 468, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $81,141 and $512,482, with a best estimate of $213,822. 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
$213,822
$2,289,545
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 $81,141 and $512,482. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$54,946 for 576 sqft less living space and -$5,953 for being older. Net adjustment: -$60,899.
Adjusted -$44,262 for 464 sqft less living space and -$23,811 for being older. Net adjustment: -$68,073.
Adjusted -$39,778 for 417 sqft less living space and +$41,670 for being newer. Net adjustment: +$1,892.
Adjusted -$3,053 for 32 sqft less living space and +$17,858 for being newer. Net adjustment: +$14,805.
Adjusted -$65,629 for 688 sqft less living space and -$5,953 for being older. Net adjustment: -$71,582.
The Neighborhood
This home is valued 1177.0% 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 +1177.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,562 across all districts. With a homestead exemption claimed, that drops to $8,818 — saving $1,744 per year. That's $735 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% | $7,324 |
| Williamson County | County | 0.3694% | $2,328 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $630 |
| Williamson County FM/Rd | County | 0.0443% | $279 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6760% | $10,562 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $213,822 would pay approximately $1,335 per month (principal and interest only, excluding taxes and insurance).