501 CR 466, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $359,610 and $958,487, with a best estimate of $675,768. 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
$675,768
$1,131,902
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 $359,610 and $958,487. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$94,489 for 409 sqft more living space. Net adjustment: +$94,489.
Adjusted -$20,330 for 88 sqft less living space and +$10,886 for being newer. Net adjustment: -$9,444.
Adjusted +$125,908 for 545 sqft more living space and -$10,886 for being older. Net adjustment: +$115,022.
Adjusted -$53,135 for 230 sqft less living space and +$65,317 for being newer. Net adjustment: +$12,182.
Adjusted -$34,885 for 151 sqft less living space and +$3,629 for being newer. Net adjustment: -$31,256.
The Neighborhood
This home is valued 170.3% 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 +170.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,498 across all districts. With a homestead exemption claimed, that drops to $7,767 — saving $1,731 per year. That's $647 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% | $6,520 |
| Williamson County | County | 0.3694% | $2,073 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $561 |
| Williamson County FM/Rd | County | 0.0443% | $249 |
| Lower Brushy Creek WCID | Water | 0.0169% | $95 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $9,498 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $675,768 would pay approximately $4,218 per month (principal and interest only, excluding taxes and insurance).