948 CR 465, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $576,664 and $1,256,253, with a best estimate of $806,502. 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
$806,502
$660,874
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T705350I - SCO-COUPLAND, this home's estimated market value is between $576,664 and $1,256,253. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$58,218 for 252 sqft more living space and +$3,629 for being newer. Net adjustment: +$61,847.
Adjusted +$215,314 for 932 sqft more living space and +$3,629 for being newer. Net adjustment: +$218,943.
Adjusted -$108,119 for 468 sqft less living space and +$14,515 for being newer. Net adjustment: -$93,604.
Adjusted +$247,195 for 1,070 sqft more living space and +$18,144 for being newer. Net adjustment: +$265,339.
Adjusted +$55,446 for 240 sqft more living space and +$68,946 for being newer. Net adjustment: +$124,392.
The Neighborhood
This home is valued 57.8% 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
outlier highThis home is +57.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,188 across all districts. With a homestead exemption claimed, that drops to $9,439 — saving $1,749 per year. That's $787 per month a buyer should budget. The assessed value increased +12.2% vs the subdivision average of -4.1%. This above-average increase gives a protest opportunity score of 80 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Coupland ISD | School | 1.1622% | $7,681 |
| Williamson County | County | 0.3694% | $2,442 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $661 |
| Williamson County FM/Rd | County | 0.0443% | $293 |
| Lower Brushy Creek WCID | Water | 0.0169% | $112 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $11,188 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $806,502 would pay approximately $5,034 per month (principal and interest only, excluding taxes and insurance).