2920 COUNTY ROAD 466, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $58,500 and $488,979, with a best estimate of $244,456. That places the property above the AM40SDXI - MH EAST median of $179,286, in a neighborhood that declined 0.7% over the past year.
Estimated Value Range
$244,456
$44,429
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $58,500 and $488,979. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$7,441 for 78 sqft less living space and +$136,915 for being newer. Net adjustment: +$129,474.
Adjusted -$15,263 for 160 sqft less living space and -$5,953 for being older. Net adjustment: -$21,216.
Adjusted -$91,576 for 960 sqft less living space. Net adjustment: -$91,576.
Adjusted +$3,816 for 40 sqft more living space and +$142,868 for being newer. Net adjustment: +$146,684.
Adjusted -$102,260 for 1,072 sqft less living space and +$17,858 for being newer. Net adjustment: -$84,402.
The Neighborhood
This home is valued 75.2% below the AM40SDXI - MH EAST median of $179,286. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.7% over the past year.
AM40SDXI - MH EAST
outlier lowThis home is -75.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $745 across all districts. With a homestead exemption claimed, that drops to $210 — saving $535 per year. That's $18 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% | $516 |
| Williamson County | County | 0.3694% | $164 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $44 |
| Williamson County FM/Rd | County | 0.0443% | $20 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6760% | $745 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $244,456 would pay approximately $1,526 per month (principal and interest only, excluding taxes and insurance).