2950 COUNTY ROAD 484, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $380,195 and $617,928, with a best estimate of $557,372. 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
$557,372
$290,521
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 $380,195 and $617,928. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$61,683 for 267 sqft less living space and +$50,802 for being newer. Net adjustment: -$10,881.
Adjusted -$9,010 for 39 sqft less living space and +$10,886 for being newer. Net adjustment: +$1,876.
Adjusted -$15,941 for 69 sqft less living space and -$25,401 for being older. Net adjustment: -$41,342.
Adjusted -$26,106 for 113 sqft less living space and -$21,772 for being older. Net adjustment: -$47,878.
Adjusted -$20,099 for 87 sqft less living space and +$47,173 for being newer. Net adjustment: +$27,074.
The Neighborhood
This home is valued 30.6% 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
below averageThis home is -30.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,869 across all districts. With a homestead exemption claimed, that drops to $3,188 — saving $1,681 per year. That's $266 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% | $3,376 |
| Williamson County | County | 0.3694% | $1,073 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $291 |
| Williamson County FM/Rd | County | 0.0443% | $129 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6760% | $4,869 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $557,372 would pay approximately $3,479 per month (principal and interest only, excluding taxes and insurance).