401 CR 466, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $-10,820 and $483,883, with a best estimate of $325,868. That places the property below the T705350I - SCO-COUPLAND median of $418,832, in a neighborhood that declined 4.1% over the past year.
Estimated Value Range
$325,868
$243,871
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 $-10,820 and $483,883. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$38,119 for 165 sqft more living space and -$163,292 for being older. Net adjustment: -$125,173.
Adjusted +$72,772 for 315 sqft more living space and -$301,183 for being older. Net adjustment: -$228,411.
Adjusted +$93,565 for 405 sqft more living space and -$0 for being older. Net adjustment: +$93,565.
Adjusted -$52,673 for 228 sqft less living space and -$243,124 for being older. Net adjustment: -$295,797.
Adjusted -$130,990 for 567 sqft less living space and -$246,752 for being older. Net adjustment: -$377,742.
The Neighborhood
This home is valued 41.8% below the T705350I - SCO-COUPLAND median of $418,832. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.1% over the past year.
T705350I - SCO-COUPLAND
below averageThis home is -41.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,037 across all districts. With a homestead exemption claimed, that drops to $1,377 — saving $1,660 per year. That's $115 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% | $2,085 |
| Williamson County | County | 0.3694% | $663 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $179 |
| Williamson County FM/Rd | County | 0.0443% | $80 |
| Lower Brushy Creek WCID | Water | 0.0169% | $30 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $3,037 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $325,868 would pay approximately $2,034 per month (principal and interest only, excluding taxes and insurance).