1551 CR 466, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $256,326 and $1,513,176, with a best estimate of $443,859. 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
$443,859
$84,764
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in AM40SDXI - MH EAST, this home's estimated market value is between $256,326 and $1,513,176. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$33,578 for 352 sqft less living space and +$23,811 for being newer. Net adjustment: -$9,767.
Adjusted -$19,078 for 200 sqft less living space and +$89,292 for being newer. Net adjustment: +$70,214.
Adjusted -$79,747 for 836 sqft less living space and -$29,764 for being older. Net adjustment: -$109,511.
Adjusted +$29,762 for 312 sqft more living space and +$107,151 for being newer. Net adjustment: +$136,913.
Adjusted -$39,683 for 416 sqft less living space and +$113,104 for being newer. Net adjustment: +$73,421.
The Neighborhood
This home is valued 52.7% 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 -52.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $1,435 across all districts. With a homestead exemption claimed, that drops to $431 — saving $1,004 per year. That's $36 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% | $985 |
| Williamson County | County | 0.3694% | $313 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $85 |
| Williamson County FM/Rd | County | 0.0443% | $38 |
| Lower Brushy Creek WCID | Water | 0.0169% | $14 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $1,435 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $443,859 would pay approximately $2,771 per month (principal and interest only, excluding taxes and insurance).