1400 COUNTY ROAD 491, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $79,025 and $539,435, with a best estimate of $471,705. 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
$471,705
$193,598
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 $79,025 and $539,435. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$26,799 for 116 sqft less living space and -$76,203 for being older. Net adjustment: -$103,002.
Adjusted +$14,786 for 64 sqft more living space and -$79,832 for being older. Net adjustment: -$65,046.
Adjusted -$141,155 for 611 sqft less living space. Net adjustment: -$141,155.
Adjusted +$8,779 for 38 sqft more living space and -$148,777 for being older. Net adjustment: -$139,998.
Adjusted -$133,070 for 576 sqft less living space and -$90,718 for being older. Net adjustment: -$223,788.
The Neighborhood
This home is valued 53.8% below the T705350I - SCO-COUPLAND median of $418,832. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.1% over the past year.
T705350I - SCO-COUPLAND
outlier lowThis home is -53.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $2,234 across all districts. With a homestead exemption claimed, that drops to $660 — saving $1,574 per year. That's $55 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% | $1,549 |
| Williamson County | County | 0.3694% | $492 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $133 |
| Williamson County FM/Rd | County | 0.0443% | $59 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6760% | $2,234 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $471,705 would pay approximately $2,944 per month (principal and interest only, excluding taxes and insurance).