2849 CR 463, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $301,790 and $1,040,939, with a best estimate of $808,767. That places the property above the T705350I - SCO-COUPLAND median of $418,832, in a neighborhood that declined 4.1% over the past year.
Estimated Value Range
$808,767
$442,398
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 $301,790 and $1,040,939. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$157,096 for 680 sqft less living space and +$3,629 for being newer. Net adjustment: -$153,467.
Adjusted +$3,629 for being newer. Net adjustment: +$3,629.
Adjusted -$15,941 for 69 sqft less living space and +$18,144 for being newer. Net adjustment: +$2,203.
Adjusted +$31,881 for 138 sqft more living space and +$18,144 for being newer. Net adjustment: +$50,025.
Adjusted +$93,796 for 406 sqft more living space and +$61,688 for being newer. Net adjustment: +$155,484.
The Neighborhood
This home is valued 5.6% 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
typicalThis home is +5.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,489 across all districts. With a homestead exemption claimed, that drops to $5,781 — saving $1,708 per year. That's $482 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% | $5,142 |
| Williamson County | County | 0.3694% | $1,634 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $442 |
| Williamson County FM/Rd | County | 0.0443% | $196 |
| Lower Brushy Creek WCID | Water | 0.0169% | $75 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $7,489 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $808,767 would pay approximately $5,048 per month (principal and interest only, excluding taxes and insurance).