605 COUNTY ROAD 468, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $39,430 and $662,700, with a best estimate of $594,968. 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
$594,968
$580,403
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 $39,430 and $662,700. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$16,634 for 72 sqft more living space and +$3,629 for being newer. Net adjustment: +$20,263.
Adjusted +$58,218 for 252 sqft more living space. Net adjustment: +$58,218.
Adjusted +$52,211 for 226 sqft more living space and -$68,946 for being older. Net adjustment: -$16,735.
Adjusted -$30,726 for 133 sqft less living space and -$14,515 for being older. Net adjustment: -$45,241.
Adjusted -$89,637 for 388 sqft less living space and -$10,886 for being older. Net adjustment: -$100,523.
The Neighborhood
This home is valued 38.6% 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
above averageThis home is +38.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,727 across all districts. With a homestead exemption claimed, that drops to $7,993 — saving $1,734 per year. That's $666 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% | $6,745 |
| Williamson County | County | 0.3694% | $2,144 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $580 |
| Williamson County FM/Rd | County | 0.0443% | $257 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6760% | $9,727 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $594,968 would pay approximately $3,714 per month (principal and interest only, excluding taxes and insurance).