2784 COUNTY ROAD 466, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $-51,237 and $857,339, with a best estimate of $256,182. 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
$256,182
$152,408
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 $-51,237 and $857,339. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$7,059 for 74 sqft less living space and -$5,953 for being older. Net adjustment: -$13,012.
Adjusted +$3,434 for 36 sqft more living space and -$142,868 for being older. Net adjustment: -$139,434.
Adjusted +$62,195 for 652 sqft more living space and +$5,953 for being newer. Net adjustment: +$68,148.
Adjusted +$8,776 for 92 sqft more living space and -$130,962 for being older. Net adjustment: -$122,186.
Adjusted -$13,641 for 143 sqft less living space and -$29,764 for being older. Net adjustment: -$43,405.
The Neighborhood
This home is valued 15.0% 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 -15.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $2,554 across all districts. With a homestead exemption claimed, that drops to $899 — saving $1,655 per year. That's $75 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% | $1,771 |
| Williamson County | County | 0.3694% | $563 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $152 |
| Williamson County FM/Rd | County | 0.0443% | $68 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6760% | $2,554 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $256,182 would pay approximately $1,599 per month (principal and interest only, excluding taxes and insurance).