3890 CR 467, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $-11,987 and $896,589, with a best estimate of $224,183. 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
$224,183
$84,671
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 $-11,987 and $896,589. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$15,167 for 159 sqft less living space and -$47,623 for being older. Net adjustment: -$62,790.
Adjusted -$4,483 for 47 sqft less living space and -$65,481 for being older. Net adjustment: -$69,964.
Adjusted -$52,561 for 551 sqft less living space and -$47,623 for being older. Net adjustment: -$100,184.
Adjusted +$6,200 for 65 sqft more living space and +$101,198 for being newer. Net adjustment: +$107,398.
Adjusted -$47,219 for 495 sqft less living space and -$35,717 for being older. Net adjustment: -$82,936.
The Neighborhood
This home is valued 52.8% 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 -52.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $1,419 across all districts. With a homestead exemption claimed, that drops to $417 — saving $1,002 per year. That's $35 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% | $984 |
| Williamson County | County | 0.3694% | $313 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $85 |
| Williamson County FM/Rd | County | 0.0443% | $38 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6760% | $1,419 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $224,183 would pay approximately $1,399 per month (principal and interest only, excluding taxes and insurance).