CR 491, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $76,911 and $700,181, with a best estimate of $632,451. 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
$632,451
$224,346
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 $76,911 and $700,181. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$73,928 for 320 sqft less living space and +$10,886 for being newer. Net adjustment: -$63,042.
Adjusted -$15,017 for 65 sqft less living space and +$7,257 for being newer. Net adjustment: -$7,760.
Adjusted +$32,343 for 140 sqft more living space and +$25,401 for being newer. Net adjustment: +$57,744.
Adjusted -$462 for 2 sqft less living space and +$10,886 for being newer. Net adjustment: +$10,424.
Adjusted +$67,921 for 294 sqft more living space and -$47,173 for being older. Net adjustment: +$20,748.
The Neighborhood
This home is valued 46.4% below the T705350I - SCO-COUPLAND median of $418,832. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.1% over the past year.
T705350I - SCO-COUPLAND
below averageThis home is -46.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,760 across all districts. With a homestead exemption claimed, that drops to $2,091 — saving $1,669 per year. That's $174 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% | $2,607 |
| Williamson County | County | 0.3694% | $829 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $224 |
| Williamson County FM/Rd | County | 0.0443% | $99 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6760% | $3,760 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $632,451 would pay approximately $3,948 per month (principal and interest only, excluding taxes and insurance).