2300 CR 460, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $-15,133 and $635,438, with a best estimate of $124,379. 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
$124,379
$116,673
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 $-15,133 and $635,438. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$22,417 for 235 sqft less living space and -$77,387 for being older. Net adjustment: -$99,804.
Adjusted -$16,217 for 170 sqft less living space and +$23,811 for being newer. Net adjustment: +$7,594.
Adjusted +$11,829 for 124 sqft more living space and +$11,906 for being newer. Net adjustment: +$23,735.
Adjusted -$10,875 for 114 sqft less living space. Net adjustment: -$10,875.
Adjusted +$16,026 for 168 sqft more living space and +$17,858 for being newer. Net adjustment: +$33,884.
The Neighborhood
This home is valued 34.9% 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
below averageThis home is -34.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $1,233 across all districts. With a homestead exemption claimed, that drops to $368 — saving $865 per year. That's $31 per month a buyer should budget. The assessed value increased +82.5% vs the subdivision average of -0.7%. This above-average increase gives a protest opportunity score of 95 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Coupland ISD | School | 1.1622% | $847 |
| Williamson County | County | 0.3694% | $269 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $73 |
| Williamson County FM/Rd | County | 0.0443% | $32 |
| Lower Brushy Creek WCID | Water | 0.0169% | $12 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $1,233 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $124,379 would pay approximately $776 per month (principal and interest only, excluding taxes and insurance).