1875 CR 466, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $228,993 and $584,641, with a best estimate of $273,183. 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
$273,183
$474,586
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 $228,993 and $584,641. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$26,900 for 282 sqft less living space and +$101,198 for being newer. Net adjustment: +$74,298.
Adjusted -$23,085 for 242 sqft less living space and +$41,670 for being newer. Net adjustment: +$18,585.
Adjusted -$11,256 for 118 sqft less living space and -$11,906 for being older. Net adjustment: -$23,162.
Adjusted -$42,926 for 450 sqft less living space and +$29,764 for being newer. Net adjustment: -$13,162.
Adjusted -$24,229 for 254 sqft less living space and +$23,811 for being newer. Net adjustment: -$418.
The Neighborhood
This home is valued 164.7% above the AM40SDXI - MH EAST median of $179,286. With 922 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.7% over the past year.
AM40SDXI - MH EAST
outlier highThis home is +164.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,547 across all districts. With a homestead exemption claimed, that drops to $4,849 — saving $1,698 per year. That's $404 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% | $4,495 |
| Williamson County | County | 0.3694% | $1,429 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $387 |
| Williamson County FM/Rd | County | 0.0443% | $171 |
| Lower Brushy Creek WCID | Water | 0.0169% | $66 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $6,547 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $273,183 would pay approximately $1,705 per month (principal and interest only, excluding taxes and insurance).