2793 CR 463, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $98,444 and $474,311, with a best estimate of $290,682. That places the property below the T705350I - SCO-COUPLAND median of $418,832, in a neighborhood that declined 4.1% over the past year.
Estimated Value Range
$290,682
$142,352
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 $98,444 and $474,311. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$3,465 for 15 sqft more living space and +$3,629 for being newer. Net adjustment: +$7,094.
Adjusted -$23,795 for 103 sqft less living space and +$7,257 for being newer. Net adjustment: -$16,538.
Adjusted -$123,598 for 535 sqft less living space and -$7,257 for being older. Net adjustment: -$130,855.
Adjusted -$133,763 for 579 sqft less living space and -$3,629 for being older. Net adjustment: -$137,392.
Adjusted -$127,756 for 553 sqft less living space and +$65,317 for being newer. Net adjustment: -$62,439.
The Neighborhood
This home is valued 66.0% below the T705350I - SCO-COUPLAND median of $418,832. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.1% over the past year.
T705350I - SCO-COUPLAND
outlier lowThis home is -66.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $2,410 across all districts. With a homestead exemption claimed, that drops to $757 — saving $1,653 per year. That's $63 per month a buyer should budget. The assessed value increased +3.6% vs the subdivision average of -4.1%. This above-average increase gives a protest opportunity score of 39 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Coupland ISD | School | 1.1622% | $1,654 |
| Williamson County | County | 0.3694% | $526 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $142 |
| Williamson County FM/Rd | County | 0.0443% | $63 |
| Lower Brushy Creek WCID | Water | 0.0169% | $24 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $2,410 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $290,682 would pay approximately $1,814 per month (principal and interest only, excluding taxes and insurance).