2301 CR 466, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $129,048 and $526,139, with a best estimate of $465,584. 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
$465,584
$581,741
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 $129,048 and $526,139. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$95,413 for 413 sqft less living space and -$7,257 for being older. Net adjustment: -$102,670.
Adjusted -$53,828 for 233 sqft less living space and -$10,886 for being older. Net adjustment: -$64,714.
Adjusted +$31,188 for 135 sqft more living space and +$18,144 for being newer. Net adjustment: +$49,332.
Adjusted -$49,670 for 215 sqft less living space and -$83,460 for being older. Net adjustment: -$133,130.
Adjusted -$59,835 for 259 sqft less living space and -$79,832 for being older. Net adjustment: -$139,667.
The Neighborhood
This home is valued 38.9% 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
above averageThis home is +38.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,848 across all districts. With a homestead exemption claimed, that drops to $8,114 — saving $1,734 per year. That's $676 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% | $6,761 |
| Williamson County | County | 0.3694% | $2,149 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $582 |
| Williamson County FM/Rd | County | 0.0443% | $258 |
| Lower Brushy Creek WCID | Water | 0.0169% | $99 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $9,848 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $465,584 would pay approximately $2,906 per month (principal and interest only, excluding taxes and insurance).