2903 CR 484, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $45,957 and $475,927, with a best estimate of $238,195. That places the property below the T705350I - SCO-COUPLAND median of $418,832, in a neighborhood that declined 4.1% over the past year.
Estimated Value Range
$238,195
$212,811
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 $45,957 and $475,927. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$1,848 for 8 sqft less living space and -$43,545 for being older. Net adjustment: -$45,393.
Adjusted -$29,109 for 126 sqft less living space and -$39,916 for being older. Net adjustment: -$69,025.
Adjusted -$133,070 for 576 sqft less living space and +$18,144 for being newer. Net adjustment: -$114,926.
Adjusted -$174,654 for 756 sqft less living space and +$21,772 for being newer. Net adjustment: -$152,882.
Adjusted -$128,911 for 558 sqft less living space and -$54,431 for being older. Net adjustment: -$183,342.
The Neighborhood
This home is valued 49.2% below the T705350I - SCO-COUPLAND median of $418,832. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.1% over the past year.
T705350I - SCO-COUPLAND
below averageThis home is -49.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $1,652 across all districts. With a homestead exemption claimed, that drops to $488 — saving $1,164 per year. That's $41 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% | $1,145 |
| Williamson County | County | 0.3694% | $364 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $99 |
| Williamson County FM/Rd | County | 0.0443% | $44 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6760% | $1,652 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $238,195 would pay approximately $1,487 per month (principal and interest only, excluding taxes and insurance).