670 CR 491, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $124,744 and $555,223, with a best estimate of $310,701. 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
$310,701
$34,199
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $124,744 and $555,223. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$6,677 for 70 sqft less living space and +$202,396 for being newer. Net adjustment: +$195,719.
Adjusted -$14,500 for 152 sqft less living space and +$59,528 for being newer. Net adjustment: +$45,028.
Adjusted -$90,813 for 952 sqft less living space and +$65,481 for being newer. Net adjustment: -$25,332.
Adjusted +$4,579 for 48 sqft more living space and +$208,349 for being newer. Net adjustment: +$212,928.
Adjusted -$101,497 for 1,064 sqft less living space and +$83,340 for being newer. Net adjustment: -$18,157.
The Neighborhood
This home is valued 80.9% 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 -80.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $409 across all districts. With a homestead exemption claimed, that drops to $107 — saving $302 per year. That's $9 per month a buyer should budget. The assessed value increased +24.7% vs the subdivision average of -0.7%. This above-average increase gives a protest opportunity score of 80 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Coupland ISD | School | 1.1622% | $284 |
| Williamson County | County | 0.3694% | $90 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $24 |
| Williamson County FM/Rd | County | 0.0443% | $11 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6760% | $409 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $310,701 would pay approximately $1,939 per month (principal and interest only, excluding taxes and insurance).