2820 COUNTY ROAD 466, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $1,106,632 and $1,786,221, with a best estimate of $1,554,049. 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
$1,554,049
$773,375
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T705350I - SCO-COUPLAND, this home's estimated market value is between $1,106,632 and $1,786,221. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$421,849 for 1,826 sqft more living space and +$14,515 for being newer. Net adjustment: +$436,364.
Adjusted +$588,186 for 2,546 sqft more living space and +$3,629 for being newer. Net adjustment: +$591,815.
Adjusted +$745,282 for 3,226 sqft more living space and +$3,629 for being newer. Net adjustment: +$748,911.
Adjusted +$777,163 for 3,364 sqft more living space and +$18,144 for being newer. Net adjustment: +$795,307.
Adjusted +$991,091 for 4,290 sqft more living space. Net adjustment: +$991,091.
The Neighborhood
This home is valued 84.7% 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 +84.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,769 across all districts. With a homestead exemption claimed, that drops to $7,045 — saving $1,724 per year. That's $587 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% | $6,081 |
| Williamson County | County | 0.3694% | $1,933 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $523 |
| Williamson County FM/Rd | County | 0.0443% | $232 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6760% | $8,769 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,554,049 would pay approximately $9,700 per month (principal and interest only, excluding taxes and insurance).