3950 CR 460, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $25,508 and $520,282, with a best estimate of $165,021. That places the property below the AM40SDXI - MH EAST median of $179,286, in a neighborhood that declined 0.7% over the past year.
Estimated Value Range
$165,021
$92,432
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 $25,508 and $520,282. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$41,305 for 433 sqft less living space and -$17,858 for being older. Net adjustment: -$59,163.
Adjusted +$17,858 for being newer. Net adjustment: +$17,858.
Adjusted -$29,762 for 312 sqft less living space and +$59,528 for being newer. Net adjustment: +$29,766.
Adjusted -$4,579 for 48 sqft less living space and -$41,670 for being older. Net adjustment: -$46,249.
Adjusted -$35,104 for 368 sqft less living space and +$83,340 for being newer. Net adjustment: +$48,236.
The Neighborhood
This home is valued 48.4% 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
below averageThis home is -48.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $1,565 across all districts. With a homestead exemption claimed, that drops to $472 — saving $1,093 per year. That's $39 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% | $1,074 |
| Williamson County | County | 0.3694% | $341 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $92 |
| Williamson County FM/Rd | County | 0.0443% | $41 |
| Lower Brushy Creek WCID | Water | 0.0169% | $16 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $1,565 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $165,021 would pay approximately $1,030 per month (principal and interest only, excluding taxes and insurance).