3991 CR 480, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $152,071 and $1,060,647, with a best estimate of $459,490. 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
$459,490
$1,622,687
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 $152,071 and $1,060,647. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$69,827 for 732 sqft more living space and -$5,953 for being older. Net adjustment: +$63,874.
Adjusted +$75,169 for 788 sqft more living space and +$5,953 for being newer. Net adjustment: +$81,122.
Adjusted +$96,536 for 1,012 sqft more living space and -$5,953 for being older. Net adjustment: +$90,583.
Adjusted +$75,169 for 788 sqft more living space and +$11,906 for being newer. Net adjustment: +$87,075.
Adjusted +$52,752 for 553 sqft more living space and +$107,151 for being newer. Net adjustment: +$159,903.
The Neighborhood
This home is valued 805.1% 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 +805.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $3,187 across all districts. With a homestead exemption claimed, that drops to $1,460 — saving $1,727 per year. That's $122 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 |
|---|---|---|---|
| Thrall ISD | School | 1.2096% | $2,237 |
| Williamson County | County | 0.3694% | $683 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $185 |
| Williamson County FM/Rd | County | 0.0443% | $82 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7234% | $3,187 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $459,490 would pay approximately $2,868 per month (principal and interest only, excluding taxes and insurance).