650 COUNTY ROAD 468, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $114,683 and $703,478, with a best estimate of $262,556. That places the property below the T705350I - SCO-COUPLAND median of $418,832, in a neighborhood that declined 4.1% over the past year.
Estimated Value Range
$262,556
$584,026
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 $114,683 and $703,478. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$13,399 for 58 sqft less living space and +$36,287 for being newer. Net adjustment: +$22,888.
Adjusted -$5,314 for 23 sqft less living space and -$54,431 for being older. Net adjustment: -$59,745.
Adjusted +$100,957 for 437 sqft more living space and -$39,916 for being older. Net adjustment: +$61,041.
Adjusted -$9,010 for 39 sqft less living space and -$29,030 for being older. Net adjustment: -$38,040.
Adjusted +$16,865 for 73 sqft more living space and -$29,030 for being older. Net adjustment: -$12,165.
The Neighborhood
This home is valued 39.4% above the T705350I - SCO-COUPLAND median of $418,832. With 561 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.1% over the past year.
T705350I - SCO-COUPLAND
above averageThis home is +39.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,788 across all districts. With a homestead exemption claimed, that drops to $8,053 — saving $1,735 per year. That's $671 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% | $6,788 |
| Williamson County | County | 0.3694% | $2,158 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $584 |
| Williamson County FM/Rd | County | 0.0443% | $259 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6760% | $9,788 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $262,556 would pay approximately $1,639 per month (principal and interest only, excluding taxes and insurance).