1854 COUNTY ROAD 464, ELGIN, TX 78615
ELGIN, 78615 — williamson County
Property at a Glance
This home is estimated between $182,426 and $844,432, with a best estimate of $480,040. 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
$480,040
$726,192
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 $182,426 and $844,432. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$49,208 for 213 sqft more living space and -$3,629 for being older. Net adjustment: +$45,579.
Adjusted +$24,489 for 106 sqft more living space and +$76,203 for being newer. Net adjustment: +$100,692.
Adjusted +$54,753 for 237 sqft more living space. Net adjustment: +$54,753.
Adjusted +$52,904 for 229 sqft more living space and -$3,629 for being older. Net adjustment: +$49,275.
Adjusted -$16,865 for 73 sqft less living space and +$119,747 for being newer. Net adjustment: +$102,882.
The Neighborhood
This home is valued 73.4% 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 +73.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,555 across all districts. With a homestead exemption claimed, that drops to $3,867 — saving $1,688 per year. That's $322 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% | $3,813 |
| Williamson County | County | 0.3694% | $1,212 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $328 |
| Williamson County FM/Rd | County | 0.0443% | $145 |
| Lower Brushy Creek WCID | Water | 0.0169% | $56 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $5,555 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $480,040 would pay approximately $2,996 per month (principal and interest only, excluding taxes and insurance).