1601 COUNTY ROAD 466, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $1,236,833 and $1,916,422, with a best estimate of $1,466,671. 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
$1,466,671
$1,257,749
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 $1,236,833 and $1,916,422. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$559,308 for 2,421 sqft more living space and +$7,257 for being newer. Net adjustment: +$566,565.
Adjusted +$725,645 for 3,141 sqft more living space and -$3,629 for being older. Net adjustment: +$722,016.
Adjusted +$722,873 for 3,129 sqft more living space and +$61,688 for being newer. Net adjustment: +$784,561.
Adjusted +$882,741 for 3,821 sqft more living space and -$3,629 for being older. Net adjustment: +$879,112.
Adjusted +$708,087 for 3,065 sqft more living space and +$7,257 for being newer. Net adjustment: +$715,344.
The Neighborhood
This home is valued 200.3% 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
outlier highThis home is +200.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $21,293 across all districts. With a homestead exemption claimed, that drops to $19,433 — saving $1,860 per year. That's $1,619 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% | $14,618 |
| Williamson County | County | 0.3694% | $4,647 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $1,258 |
| Williamson County FM/Rd | County | 0.0443% | $558 |
| Lower Brushy Creek WCID | Water | 0.0169% | $213 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $21,293 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,466,671 would pay approximately $9,155 per month (principal and interest only, excluding taxes and insurance).