500 CR 466, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $404,306 and $1,037,413, with a best estimate of $640,144. 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
$640,144
$546,264
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 $404,306 and $1,037,413. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$94,489 for 409 sqft less living space. Net adjustment: -$94,489.
Adjusted +$31,419 for 136 sqft more living space and -$10,886 for being older. Net adjustment: +$20,533.
Adjusted -$114,819 for 497 sqft less living space and +$10,886 for being newer. Net adjustment: -$103,933.
Adjusted -$13,861 for 60 sqft less living space and +$68,946 for being newer. Net adjustment: +$55,085.
Adjusted +$17,558 for 76 sqft more living space and +$90,718 for being newer. Net adjustment: +$108,276.
The Neighborhood
This home is valued 30.4% 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
above averageThis home is +30.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $4,491 across all districts. With a homestead exemption claimed, that drops to $2,815 — saving $1,676 per year. That's $235 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% | $3,083 |
| Williamson County | County | 0.3694% | $980 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $265 |
| Williamson County FM/Rd | County | 0.0443% | $118 |
| Lower Brushy Creek WCID | Water | 0.0169% | $45 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $4,491 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $640,144 would pay approximately $3,996 per month (principal and interest only, excluding taxes and insurance).