1540 CR 467 ELGIN, TX 78621
— williamson County
Property at a Glance
This home is estimated between $77,709 and $611,639, with a best estimate of $359,074. 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
$359,074
$291,431
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 $77,709 and $611,639. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$51,893 for 544 sqft less living space and -$17,858 for being older. Net adjustment: -$69,751.
Adjusted -$41,209 for 432 sqft less living space and -$35,717 for being older. Net adjustment: -$76,926.
Adjusted -$36,726 for 385 sqft less living space and +$29,764 for being newer. Net adjustment: -$6,962.
Adjusted +$5,953 for being newer. Net adjustment: +$5,953.
Adjusted -$17,170 for 180 sqft less living space. Net adjustment: -$17,170.
The Neighborhood
This home is valued 62.6% 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 +62.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,072 across all districts. With a homestead exemption claimed, that drops to $3,325 — saving $1,747 per year. That's $277 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% | $3,525 |
| Williamson County | County | 0.3694% | $1,077 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $291 |
| Williamson County FM/Rd | County | 0.0443% | $129 |
| Lower Brushy Creek WCID | Water | 0.0169% | $49 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7403% | $5,072 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $359,074 would pay approximately $2,241 per month (principal and interest only, excluding taxes and insurance).