2300 CR 460, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $-72,921 and $213,886, with a best estimate of $71,151. That places the property below the AM40SDXI - MH EAST median of $179,286, in a neighborhood that declined 0.7% over the past year.
Estimated Value Range
$71,151
$91,489
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 $-72,921 and $213,886. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$4,006 for 42 sqft more living space and -$5,953 for being older. Net adjustment: -$1,947.
Adjusted +$15,263 for 160 sqft more living space. Net adjustment: +$15,263.
Adjusted -$64,103 for 672 sqft less living space. Net adjustment: -$64,103.
Adjusted -$69,445 for 728 sqft less living space and +$23,811 for being newer. Net adjustment: -$45,634.
Adjusted -$3,816 for 40 sqft less living space and -$148,821 for being older. Net adjustment: -$152,637.
The Neighborhood
This home is valued 49.0% 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
below averageThis home is -49.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $1,549 across all districts. With a homestead exemption claimed, that drops to $467 — saving $1,082 per year. That's $39 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% | $1,063 |
| Williamson County | County | 0.3694% | $338 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $91 |
| Williamson County FM/Rd | County | 0.0443% | $41 |
| Lower Brushy Creek WCID | Water | 0.0169% | $16 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $1,549 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $71,151 would pay approximately $444 per month (principal and interest only, excluding taxes and insurance).