55 COUNTY ROAD 484, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $109,533 and $540,874, with a best estimate of $242,215. 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
$242,215
$7,486
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 $109,533 and $540,874. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$6,868 for 72 sqft more living space and +$23,811 for being newer. Net adjustment: +$30,679.
Adjusted +$14,690 for 154 sqft more living space and +$166,679 for being newer. Net adjustment: +$181,369.
Adjusted -$69,445 for 728 sqft less living space and +$29,764 for being newer. Net adjustment: -$39,681.
Adjusted -$80,129 for 840 sqft less living space and +$47,623 for being newer. Net adjustment: -$32,506.
Adjusted -$90,813 for 952 sqft less living space and +$47,623 for being newer. Net adjustment: -$43,190.
The Neighborhood
This home is valued 95.8% below the AM40SDXI - MH EAST median of $179,286. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.7% over the past year.
AM40SDXI - MH EAST
outlier lowThis home is -95.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $127 across all districts. With a homestead exemption claimed, that drops to $21 — saving $106 per year. That's $2 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% | $87 |
| Williamson County | County | 0.3694% | $28 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $7 |
| Williamson County FM/Rd | County | 0.0443% | $3 |
| Lower Brushy Creek WCID | Water | 0.0169% | $1 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $127 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $242,215 would pay approximately $1,512 per month (principal and interest only, excluding taxes and insurance).