851 CR 462, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $-195,335 and $629,721, with a best estimate of $-88,061. 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
$-88,061
$115,304
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 $-195,335 and $629,721. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$40,198 for 174 sqft less living space. Net adjustment: -$40,198.
Adjusted +$36,271 for 157 sqft more living space and -$322,955 for being older. Net adjustment: -$286,684.
Adjusted +$9,010 for 39 sqft more living space and -$319,327 for being older. Net adjustment: -$310,317.
Adjusted -$9,934 for 43 sqft less living space and -$232,238 for being older. Net adjustment: -$242,172.
Adjusted -$90,792 for 393 sqft less living space and -$333,841 for being older. Net adjustment: -$424,633.
The Neighborhood
This home is valued 72.5% 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
outlier lowThis home is -72.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $1,952 across all districts. With a homestead exemption claimed, that drops to $591 — saving $1,361 per year. That's $49 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% | $1,340 |
| Williamson County | County | 0.3694% | $426 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $115 |
| Williamson County FM/Rd | County | 0.0443% | $51 |
| Lower Brushy Creek WCID | Water | 0.0169% | $20 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $1,952 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $-88,061 would pay approximately $-550 per month (principal and interest only, excluding taxes and insurance).