375 CR 465, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $382,625 and $633,986, with a best estimate of $566,254. 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
$566,254
$2,109,892
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 $382,625 and $633,986. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$121,980 for 528 sqft less living space and -$7,257 for being older. Net adjustment: -$129,237.
Adjusted -$15,710 for 68 sqft less living space and +$7,257 for being newer. Net adjustment: -$8,453.
Adjusted +$30,033 for 130 sqft more living space and -$68,946 for being older. Net adjustment: -$38,913.
Adjusted +$19,868 for 86 sqft more living space and -$65,317 for being older. Net adjustment: -$45,449.
Adjusted +$25,875 for 112 sqft more living space and +$3,629 for being newer. Net adjustment: +$29,504.
The Neighborhood
This home is valued 403.8% 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 +403.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $4,232 across all districts. With a homestead exemption claimed, that drops to $2,559 — saving $1,673 per year. That's $213 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% | $2,905 |
| Williamson County | County | 0.3694% | $924 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $250 |
| Williamson County FM/Rd | County | 0.0443% | $111 |
| Lower Brushy Creek WCID | Water | 0.0169% | $42 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $4,232 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $566,254 would pay approximately $3,535 per month (principal and interest only, excluding taxes and insurance).