3900 CR 463, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $505,009 and $1,184,597, with a best estimate of $712,869. 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
$712,869
$679,416
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 $505,009 and $1,184,597. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$118,053 for 511 sqft more living space and -$65,317 for being older. Net adjustment: +$52,736.
Adjusted -$45,512 for 197 sqft less living space and -$119,747 for being older. Net adjustment: -$165,259.
Adjusted +$120,825 for 523 sqft more living space and -$130,634 for being older. Net adjustment: -$9,809.
Adjusted +$363,631 for 1,574 sqft more living space and +$18,144 for being newer. Net adjustment: +$381,775.
Adjusted +$371,717 for 1,609 sqft more living space and -$72,574 for being older. Net adjustment: +$299,143.
The Neighborhood
This home is valued 62.2% 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 +62.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $3,941 across all districts. With a homestead exemption claimed, that drops to $2,270 — saving $1,671 per year. That's $189 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% | $2,705 |
| Williamson County | County | 0.3694% | $860 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $233 |
| Williamson County FM/Rd | County | 0.0443% | $103 |
| Lower Brushy Creek WCID | Water | 0.0169% | $39 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $3,941 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $712,869 would pay approximately $4,450 per month (principal and interest only, excluding taxes and insurance).