450 COUNTY ROAD 484, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $-44,826 and $863,751, with a best estimate of $262,593. 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
$262,593
$155,524
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 $-44,826 and $863,751. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$18,506 for 194 sqft less living space and +$11,906 for being newer. Net adjustment: -$6,600.
Adjusted -$8,013 for 84 sqft less living space and -$125,009 for being older. Net adjustment: -$133,022.
Adjusted +$50,748 for 532 sqft more living space and +$23,811 for being newer. Net adjustment: +$74,559.
Adjusted -$2,671 for 28 sqft less living space and -$113,104 for being older. Net adjustment: -$115,775.
Adjusted -$25,088 for 263 sqft less living space and -$11,906 for being older. Net adjustment: -$36,994.
The Neighborhood
This home is valued 13.3% 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
typicalThis home is -13.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $1,615 across all districts. With a homestead exemption claimed, that drops to $488 — saving $1,127 per year. That's $41 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% | $1,109 |
| Williamson County | County | 0.3694% | $352 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $95 |
| Williamson County FM/Rd | County | 0.0443% | $42 |
| Lower Brushy Creek WCID | Water | 0.0169% | $16 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $1,615 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $262,593 would pay approximately $1,639 per month (principal and interest only, excluding taxes and insurance).