765 CO RD 491, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $384,883 and $999,017, with a best estimate of $486,613. 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
$486,613
$863,886
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 $384,883 and $999,017. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$165,182 for 715 sqft more living space and +$25,401 for being newer. Net adjustment: +$190,583.
Adjusted +$32,805 for 142 sqft more living space and -$54,431 for being older. Net adjustment: -$21,626.
Adjusted +$44,357 for 192 sqft more living space and +$83,460 for being newer. Net adjustment: +$127,817.
Adjusted -$3,927 for 17 sqft less living space and +$14,515 for being newer. Net adjustment: +$10,588.
Adjusted +$212,080 for 918 sqft more living space and +$7,257 for being newer. Net adjustment: +$219,337.
The Neighborhood
This home is valued 106.3% 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 +106.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,008 across all districts. With a homestead exemption claimed, that drops to $6,293 — saving $1,715 per year. That's $524 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% | $5,553 |
| Williamson County | County | 0.3694% | $1,765 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $478 |
| Williamson County FM/Rd | County | 0.0443% | $212 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6760% | $8,008 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $486,613 would pay approximately $3,037 per month (principal and interest only, excluding taxes and insurance).