1500 CR 465, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $748,282 and $1,057,728, with a best estimate of $873,795. 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
$873,795
$475,255
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 $748,282 and $1,057,728. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$148,548 for 643 sqft more living space and +$14,515 for being newer. Net adjustment: +$163,063.
Adjusted +$101,419 for 439 sqft more living space and +$14,515 for being newer. Net adjustment: +$115,934.
Adjusted +$8,317 for 36 sqft more living space and +$79,832 for being newer. Net adjustment: +$88,149.
Adjusted +$305,413 for 1,322 sqft more living space and +$14,515 for being newer. Net adjustment: +$319,928.
Adjusted -$101,650 for 440 sqft less living space and +$10,886 for being newer. Net adjustment: -$90,764.
The Neighborhood
This home is valued 13.5% 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
typicalThis home is +13.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,046 across all districts. With a homestead exemption claimed, that drops to $6,331 — saving $1,715 per year. That's $528 per month a buyer should budget. The assessed value increased +43.4% vs the subdivision average of -4.1%. This above-average increase gives a protest opportunity score of 100 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Coupland ISD | School | 1.1622% | $5,523 |
| Williamson County | County | 0.3694% | $1,756 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $475 |
| Williamson County FM/Rd | County | 0.0443% | $211 |
| Lower Brushy Creek WCID | Water | 0.0169% | $81 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $8,046 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $873,795 would pay approximately $5,454 per month (principal and interest only, excluding taxes and insurance).