2340 CR 460, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $-7,832 and $900,744, with a best estimate of $617,952. That places the property above the AM40SDXI - MH EAST median of $179,286, in a neighborhood that declined 0.7% over the past year.
Estimated Value Range
$617,952
$299,587
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 $-7,832 and $900,744. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$6,582 for 69 sqft more living space and +$23,811 for being newer. Net adjustment: +$30,393.
Adjusted +$17,075 for 179 sqft more living space and -$113,104 for being older. Net adjustment: -$96,029.
Adjusted +$22,417 for 235 sqft more living space and -$101,198 for being older. Net adjustment: -$78,781.
Adjusted +$19,746 for 207 sqft more living space. Net adjustment: +$19,746.
Adjusted +$22,417 for 235 sqft more living space and -$95,245 for being older. Net adjustment: -$72,828.
The Neighborhood
This home is valued 67.1% above the AM40SDXI - MH EAST median of $179,286. With 922 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.7% over the past year.
AM40SDXI - MH EAST
outlier highThis home is +67.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,072 across all districts. With a homestead exemption claimed, that drops to $3,389 — saving $1,683 per year. That's $282 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% | $3,482 |
| Williamson County | County | 0.3694% | $1,107 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $300 |
| Williamson County FM/Rd | County | 0.0443% | $133 |
| Lower Brushy Creek WCID | Water | 0.0169% | $51 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $5,072 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $617,952 would pay approximately $3,857 per month (principal and interest only, excluding taxes and insurance).