850 CR 466, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $242,130 and $981,278, with a best estimate of $749,106. 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
$749,106
$642,904
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 $242,130 and $981,278. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$55,908 for 242 sqft more living space and +$39,916 for being newer. Net adjustment: +$95,824.
Adjusted -$194,984 for 844 sqft less living space and -$18,144 for being older. Net adjustment: -$213,128.
Adjusted -$37,888 for 164 sqft less living space and -$18,144 for being older. Net adjustment: -$56,032.
Adjusted -$53,828 for 233 sqft less living space and -$3,629 for being older. Net adjustment: -$57,457.
Adjusted -$6,007 for 26 sqft less living space and -$3,629 for being older. Net adjustment: -$9,636.
The Neighborhood
This home is valued 53.5% above the T705350I - SCO-COUPLAND median of $418,832. With 561 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.1% over the past year.
T705350I - SCO-COUPLAND
outlier highThis home is +53.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,740 across all districts. With a homestead exemption claimed, that drops to $4,051 — saving $1,689 per year. That's $338 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% | $3,941 |
| Williamson County | County | 0.3694% | $1,253 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $339 |
| Williamson County FM/Rd | County | 0.0443% | $150 |
| Lower Brushy Creek WCID | Water | 0.0169% | $57 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $5,740 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $749,106 would pay approximately $4,676 per month (principal and interest only, excluding taxes and insurance).