3498 CR 464, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $313,747 and $1,052,895, with a best estimate of $603,144. 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
$603,144
$445,604
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 $313,747 and $1,052,895. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$123,367 for 534 sqft less living space and -$18,144 for being older. Net adjustment: -$141,511.
Adjusted +$33,729 for 146 sqft more living space and -$18,144 for being older. Net adjustment: +$15,585.
Adjusted -$126,139 for 546 sqft less living space and +$47,173 for being newer. Net adjustment: -$78,966.
Adjusted +$65,611 for 284 sqft more living space and -$3,629 for being older. Net adjustment: +$61,982.
Adjusted +$17,789 for 77 sqft more living space and -$3,629 for being older. Net adjustment: +$14,160.
The Neighborhood
This home is valued 6.4% 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
typicalThis home is +6.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,544 across all districts. With a homestead exemption claimed, that drops to $5,834 — saving $1,710 per year. That's $486 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% | $5,179 |
| Williamson County | County | 0.3694% | $1,646 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $446 |
| Williamson County FM/Rd | County | 0.0443% | $198 |
| Lower Brushy Creek WCID | Water | 0.0169% | $76 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $7,544 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $603,144 would pay approximately $3,765 per month (principal and interest only, excluding taxes and insurance).