1250 COUNTY ROAD 491, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $98,773 and $632,702, with a best estimate of $226,033. That places the property above the AM40SDXI - MH EAST median of $179,286, in a neighborhood that declined 0.7% over the past year.
Estimated Value Range
$226,033
$247,310
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 $98,773 and $632,702. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$42,735 for 448 sqft less living space and -$5,953 for being older. Net adjustment: -$48,688.
Adjusted -$32,052 for 336 sqft less living space and -$23,811 for being older. Net adjustment: -$55,863.
Adjusted -$27,568 for 289 sqft less living space and +$41,670 for being newer. Net adjustment: +$14,102.
Adjusted -$8,013 for 84 sqft less living space and +$11,906 for being newer. Net adjustment: +$3,893.
Adjusted -$16,026 for 168 sqft less living space and +$119,057 for being newer. Net adjustment: +$103,031.
The Neighborhood
This home is valued 37.9% above the AM40SDXI - MH EAST median of $179,286. With 922 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.7% over the past year.
AM40SDXI - MH EAST
above averageThis home is +37.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $4,145 across all districts. With a homestead exemption claimed, that drops to $2,472 — saving $1,673 per year. That's $206 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% | $2,874 |
| Williamson County | County | 0.3694% | $914 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $247 |
| Williamson County FM/Rd | County | 0.0443% | $110 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6760% | $4,145 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $226,033 would pay approximately $1,411 per month (principal and interest only, excluding taxes and insurance).