601 CR 491, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $736,114 and $1,115,622, with a best estimate of $1,033,203. 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
$1,033,203
$773,976
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 $736,114 and $1,115,622. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$78,317 for 339 sqft more living space and -$21,772 for being older. Net adjustment: +$56,545.
Adjusted +$151,320 for 655 sqft more living space and -$3,629 for being older. Net adjustment: +$147,691.
Adjusted +$389,506 for 1,686 sqft more living space. Net adjustment: +$389,506.
Adjusted +$118,515 for 513 sqft more living space and +$50,802 for being newer. Net adjustment: +$169,317.
Adjusted +$402,905 for 1,744 sqft more living space and -$14,515 for being older. Net adjustment: +$388,390.
The Neighborhood
This home is valued 84.8% 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 +84.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,581 across all districts. With a homestead exemption claimed, that drops to $10,816 — saving $1,765 per year. That's $901 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% | $8,725 |
| Williamson County | County | 0.3694% | $2,773 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $751 |
| Williamson County FM/Rd | County | 0.0443% | $333 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6760% | $12,581 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,033,203 would pay approximately $6,449 per month (principal and interest only, excluding taxes and insurance).