3923 CR 463, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $317,798 and $1,056,947, with a best estimate of $607,196. That places the property above the T705350I - SCO-COUPLAND median of $418,832, in a neighborhood that declined 4.1% over the past year.
Estimated Value Range
$607,196
$894,665
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 $317,798 and $1,056,947. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$19,637 for 85 sqft more living space. Net adjustment: +$19,637.
Adjusted +$51,518 for 223 sqft more living space and +$14,515 for being newer. Net adjustment: +$66,033.
Adjusted -$137,459 for 595 sqft less living space. Net adjustment: -$137,459.
Adjusted +$3,696 for 16 sqft more living space and +$14,515 for being newer. Net adjustment: +$18,211.
Adjusted -$140,231 for 607 sqft less living space and +$65,317 for being newer. Net adjustment: -$74,914.
The Neighborhood
This home is valued 113.6% above the T705350I - SCO-COUPLAND median of $418,832. With 561 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.1% over the past year.
T705350I - SCO-COUPLAND
outlier highThis home is +113.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,812 across all districts. With a homestead exemption claimed, that drops to $7,089 — saving $1,723 per year. That's $591 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% | $6,049 |
| Williamson County | County | 0.3694% | $1,923 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $521 |
| Williamson County FM/Rd | County | 0.0443% | $231 |
| Lower Brushy Creek WCID | Water | 0.0169% | $88 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $8,812 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $607,196 would pay approximately $3,790 per month (principal and interest only, excluding taxes and insurance).