2941 COUNTY ROAD 466, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $836,143 and $1,515,732, with a best estimate of $1,065,981. 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
$1,065,981
$892,878
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T705350I - SCO-COUPLAND, this home's estimated market value is between $836,143 and $1,515,732. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$332,212 for 1,438 sqft more living space and -$10,886 for being older. Net adjustment: +$321,326.
Adjusted +$165,875 for 718 sqft more living space. Net adjustment: +$165,875.
Adjusted +$489,308 for 2,118 sqft more living space and -$10,886 for being older. Net adjustment: +$478,422.
Adjusted +$521,189 for 2,256 sqft more living space and +$3,629 for being newer. Net adjustment: +$524,818.
Adjusted +$329,440 for 1,426 sqft more living space and +$54,431 for being newer. Net adjustment: +$383,871.
The Neighborhood
This home is valued 113.2% 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 +113.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,116 across all districts. With a homestead exemption claimed, that drops to $13,324 — saving $1,792 per year. That's $1,110 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% | $10,377 |
| Williamson County | County | 0.3694% | $3,299 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $893 |
| Williamson County FM/Rd | County | 0.0443% | $396 |
| Lower Brushy Creek WCID | Water | 0.0169% | $151 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $15,116 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,065,981 would pay approximately $6,654 per month (principal and interest only, excluding taxes and insurance).