4905 CR 467, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $79,653 and $615,084, with a best estimate of $148,751. 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
$148,751
$125,434
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 $79,653 and $615,084. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$33,769 for 354 sqft more living space. Net adjustment: +$33,769.
Adjusted -$39,683 for 416 sqft less living space and +$29,764 for being newer. Net adjustment: -$9,919.
Adjusted -$4,579 for 48 sqft less living space and -$35,717 for being older. Net adjustment: -$40,296.
Adjusted -$7,441 for 78 sqft less living space and +$23,811 for being newer. Net adjustment: +$16,370.
Adjusted -$34,341 for 360 sqft less living space and +$5,953 for being newer. Net adjustment: -$28,388.
The Neighborhood
This home is valued 30.0% 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 -30.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $2,162 across all districts. With a homestead exemption claimed, that drops to $621 — saving $1,541 per year. That's $52 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 |
|---|---|---|---|
| Thrall ISD | School | 1.2096% | $1,517 |
| Williamson County | County | 0.3694% | $463 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $125 |
| Williamson County FM/Rd | County | 0.0443% | $56 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7234% | $2,162 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $148,751 would pay approximately $928 per month (principal and interest only, excluding taxes and insurance).