307 COUNTY ROAD 484, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $55,689 and $593,960, with a best estimate of $124,788. 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
$124,788
$88,678
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 $55,689 and $593,960. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$27,664 for 290 sqft more living space and -$17,858 for being older. Net adjustment: +$9,806.
Adjusted -$45,788 for 480 sqft less living space and +$11,906 for being newer. Net adjustment: -$33,882.
Adjusted -$40,446 for 424 sqft less living space and -$11,906 for being older. Net adjustment: -$52,352.
Adjusted -$13,546 for 142 sqft less living space and +$5,953 for being newer. Net adjustment: -$7,593.
Adjusted -$17,743 for 186 sqft less living space. Net adjustment: -$17,743.
The Neighborhood
This home is valued 50.5% 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 -50.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $1,501 across all districts. With a homestead exemption claimed, that drops to $452 — saving $1,049 per year. That's $38 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% | $1,031 |
| Williamson County | County | 0.3694% | $328 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $89 |
| Williamson County FM/Rd | County | 0.0443% | $39 |
| Lower Brushy Creek WCID | Water | 0.0169% | $15 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $1,501 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $124,788 would pay approximately $779 per month (principal and interest only, excluding taxes and insurance).