2880 COUNTY ROAD 466, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $72,096 and $610,368, with a best estimate of $454,572. That places the property above the AM40SDXI - MH EAST median of $179,286, in a neighborhood that declined 0.7% over the past year.
Estimated Value Range
$454,572
$95,139
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in AM40SDXI - MH EAST. The estimated range of $72,096 and $610,368 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$29,381 for 308 sqft less living space and +$11,906 for being newer. Net adjustment: -$17,475.
Adjusted +$2,862 for 30 sqft more living space and +$5,953 for being newer. Net adjustment: +$8,815.
Adjusted -$1,335 for 14 sqft less living space. Net adjustment: -$1,335.
Adjusted -$24,039 for 252 sqft less living space and -$11,906 for being older. Net adjustment: -$35,945.
Adjusted +$5,723 for 60 sqft more living space and -$53,575 for being older. Net adjustment: -$47,852.
The Neighborhood
This home is valued 46.9% 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 -46.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $1,595 across all districts. With a homestead exemption claimed, that drops to $470 — saving $1,125 per year. That's $39 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% | $1,106 |
| Williamson County | County | 0.3694% | $351 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $95 |
| Williamson County FM/Rd | County | 0.0443% | $42 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6760% | $1,595 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $454,572 would pay approximately $2,837 per month (principal and interest only, excluding taxes and insurance).