3689 CR 480, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $52,906 and $478,825, with a best estimate of $192,418. 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
$192,418
$71,580
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 $52,906 and $478,825. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$36,249 for 380 sqft less living space and -$65,481 for being older. Net adjustment: -$101,730.
Adjusted -$31,765 for 333 sqft less living space. Net adjustment: -$31,765.
Adjusted -$20,223 for 212 sqft less living space and +$77,387 for being newer. Net adjustment: +$57,164.
Adjusted +$4,960 for 52 sqft more living space and -$23,811 for being older. Net adjustment: -$18,851.
Adjusted -$25,565 for 268 sqft less living space and +$101,198 for being newer. Net adjustment: +$75,633.
The Neighborhood
This home is valued 60.1% 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
outlier lowThis home is -60.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $1,234 across all districts. With a homestead exemption claimed, that drops to $349 — saving $885 per year. That's $29 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% | $866 |
| Williamson County | County | 0.3694% | $264 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $72 |
| Williamson County FM/Rd | County | 0.0443% | $32 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7234% | $1,234 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $192,418 would pay approximately $1,201 per month (principal and interest only, excluding taxes and insurance).