201 CR 489, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $554,451 and $1,416,334, with a best estimate of $699,552. 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
$699,552
$523,176
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 $554,451 and $1,416,334. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$248,812 for 1,077 sqft more living space and +$18,144 for being newer. Net adjustment: +$266,956.
Adjusted +$204,456 for 885 sqft more living space and -$65,317 for being older. Net adjustment: +$139,139.
Adjusted +$50,594 for 219 sqft more living space and -$65,317 for being older. Net adjustment: -$14,723.
Adjusted +$341,915 for 1,480 sqft more living space. Net adjustment: +$341,915.
Adjusted +$369,638 for 1,600 sqft more living space and -$39,916 for being older. Net adjustment: +$329,722.
The Neighborhood
This home is valued 24.9% 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 +24.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,857 across all districts. With a homestead exemption claimed, that drops to $7,133 — saving $1,724 per year. That's $594 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% | $6,080 |
| Williamson County | County | 0.3694% | $1,933 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $523 |
| Williamson County FM/Rd | County | 0.0443% | $232 |
| Lower Brushy Creek WCID | Water | 0.0169% | $89 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $8,857 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $699,552 would pay approximately $4,367 per month (principal and interest only, excluding taxes and insurance).