401 CR 474, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $210,408 and $566,056, with a best estimate of $270,458. 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
$270,458
$254,598
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 $210,408 and $566,056. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$1,145 for 12 sqft less living space and -$17,858 for being older. Net adjustment: -$19,003.
Adjusted +$23,085 for 242 sqft more living space and -$41,670 for being older. Net adjustment: -$18,585.
Adjusted -$3,816 for 40 sqft less living space and +$59,528 for being newer. Net adjustment: +$55,712.
Adjusted -$19,841 for 208 sqft less living space and -$11,906 for being older. Net adjustment: -$31,747.
Adjusted -$9,158 for 96 sqft less living space and +$107,151 for being newer. Net adjustment: +$97,993.
The Neighborhood
This home is valued 42.0% 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 +42.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $4,388 across all districts. With a homestead exemption claimed, that drops to $2,647 — saving $1,741 per year. That's $221 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 |
|---|---|---|---|
| Thrall ISD | School | 1.2096% | $3,080 |
| Williamson County | County | 0.3694% | $941 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $255 |
| Williamson County FM/Rd | County | 0.0443% | $113 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7234% | $4,388 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $270,458 would pay approximately $1,688 per month (principal and interest only, excluding taxes and insurance).