2187 CR 464, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $53,778 and $659,269, with a best estimate of $545,642. 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
$545,642
$598,714
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 $53,778 and $659,269. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$10,165 for 44 sqft less living space and +$3,629 for being newer. Net adjustment: -$6,536.
Adjusted -$4,158 for 18 sqft less living space and +$72,574 for being newer. Net adjustment: +$68,416.
Adjusted -$45,743 for 198 sqft less living space and +$76,203 for being newer. Net adjustment: +$30,460.
Adjusted +$6,931 for 30 sqft more living space and +$36,287 for being newer. Net adjustment: +$43,218.
Adjusted -$65,149 for 282 sqft less living space and +$10,886 for being newer. Net adjustment: -$54,263.
The Neighborhood
This home is valued 42.9% 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
above averageThis home is +42.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,098 across all districts. With a homestead exemption claimed, that drops to $3,416 — saving $1,682 per year. That's $285 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% | $3,500 |
| Williamson County | County | 0.3694% | $1,113 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $301 |
| Williamson County FM/Rd | County | 0.0443% | $134 |
| Lower Brushy Creek WCID | Water | 0.0169% | $51 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $5,098 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $545,642 would pay approximately $3,406 per month (principal and interest only, excluding taxes and insurance).