1203 CR 491, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $76,134 and $381,659, with a best estimate of $118,548. That places the property below the AM40SDXI - MH EAST median of $179,286, in a neighborhood that declined 0.7% over the past year.
Estimated Value Range
$118,548
$66,726
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 $76,134 and $381,659. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$45,788 for 480 sqft less living space and +$35,717 for being newer. Net adjustment: -$10,071.
Adjusted -$45,788 for 480 sqft less living space and +$35,717 for being newer. Net adjustment: -$10,071.
Adjusted -$48,077 for 504 sqft less living space and +$47,623 for being newer. Net adjustment: -$454.
Adjusted -$80,129 for 840 sqft less living space and +$53,575 for being newer. Net adjustment: -$26,554.
Adjusted -$12,210 for 128 sqft less living space and +$65,481 for being newer. Net adjustment: +$53,271.
The Neighborhood
This home is valued 62.8% below the AM40SDXI - MH EAST median of $179,286. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.7% over the past year.
AM40SDXI - MH EAST
outlier lowThis home is -62.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $1,118 across all districts. With a homestead exemption claimed, that drops to $324 — saving $794 per year. That's $27 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% | $775 |
| Williamson County | County | 0.3694% | $247 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $67 |
| Williamson County FM/Rd | County | 0.0443% | $30 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6760% | $1,118 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $118,548 would pay approximately $740 per month (principal and interest only, excluding taxes and insurance).