701 CR 466, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $76,588 and $126,760, with a best estimate of $116,148. 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
$116,148
$123,003
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in AM40SDXI - MH EAST, this home's estimated market value is between $76,588 and $126,760. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$26,710 for 280 sqft less living space. Net adjustment: -$26,710.
Adjusted +$2,289 for 24 sqft more living space and -$11,906 for being older. Net adjustment: -$9,617.
Adjusted -$32,052 for 336 sqft less living space and +$5,953 for being newer. Net adjustment: -$26,099.
Adjusted +$2,289 for 24 sqft more living space and -$11,906 for being older. Net adjustment: -$9,617.
Adjusted -$74,787 for 784 sqft less living space and -$23,811 for being older. Net adjustment: -$98,598.
The Neighborhood
This home is valued 31.4% 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 -31.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $1,332 across all districts. With a homestead exemption claimed, that drops to $399 — saving $933 per year. That's $33 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% | $915 |
| Williamson County | County | 0.3694% | $291 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $79 |
| Williamson County FM/Rd | County | 0.0443% | $35 |
| Lower Brushy Creek WCID | Water | 0.0169% | $13 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $1,332 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $116,148 would pay approximately $725 per month (principal and interest only, excluding taxes and insurance).