1501 CR 466, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $47,931 and $627,230, with a best estimate of $111,769. 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
$111,769
$421,440
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 $47,931 and $627,230. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$19,460 for 204 sqft less living space and +$11,906 for being newer. Net adjustment: -$7,554.
Adjusted -$14,500 for 152 sqft less living space and -$29,764 for being older. Net adjustment: -$44,264.
Adjusted -$59,906 for 628 sqft less living space. Net adjustment: -$59,906.
Adjusted +$7,250 for 76 sqft more living space and -$166,679 for being older. Net adjustment: -$159,429.
Adjusted -$53,419 for 560 sqft less living space and -$5,953 for being older. Net adjustment: -$59,372.
The Neighborhood
This home is valued 135.1% 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 +135.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,135 across all districts. With a homestead exemption claimed, that drops to $5,430 — saving $1,705 per year. That's $453 per month a buyer should budget. The assessed value increased +37.9% vs the subdivision average of -0.7%. This above-average increase gives a protest opportunity score of 100 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Coupland ISD | School | 1.1622% | $4,898 |
| Williamson County | County | 0.3694% | $1,557 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $421 |
| Williamson County FM/Rd | County | 0.0443% | $187 |
| Lower Brushy Creek WCID | Water | 0.0169% | $71 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $7,135 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $111,769 would pay approximately $698 per month (principal and interest only, excluding taxes and insurance).