850 CR 465 ELGIN, TX 78621
— williamson County
Property at a Glance
This home is estimated between $261,188 and $716,828, with a best estimate of $294,692. 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
$294,692
$188,130
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T705350I - SCO-COUPLAND, this home's estimated market value is between $261,188 and $716,828. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$72,310 for 313 sqft more living space and -$25,401 for being older. Net adjustment: +$46,909.
Adjusted +$11,551 for 50 sqft more living space and -$355,614 for being older. Net adjustment: -$344,063.
Adjusted +$21,716 for 94 sqft more living space and -$359,242 for being older. Net adjustment: -$337,526.
Adjusted -$24,026 for 104 sqft less living space and -$283,040 for being older. Net adjustment: -$307,066.
Adjusted -$48,977 for 212 sqft less living space and -$0 for being older. Net adjustment: -$48,977.
The Neighborhood
This home is valued 55.1% 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
outlier lowThis home is -55.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,185 across all districts. With a homestead exemption claimed, that drops to $1,523 — saving $1,662 per year. That's $127 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% | $2,186 |
| Williamson County | County | 0.3694% | $695 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $188 |
| Williamson County FM/Rd | County | 0.0443% | $83 |
| Lower Brushy Creek WCID | Water | 0.0169% | $32 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $3,185 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $294,692 would pay approximately $1,839 per month (principal and interest only, excluding taxes and insurance).