300 COUNTY ROAD 466, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $45,649 and $678,467, with a best estimate of $229,279. 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
$229,279
$255,736
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T705350I - SCO-COUPLAND, this home's estimated market value is between $45,649 and $678,467. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$8,548 for 37 sqft more living space. Net adjustment: +$8,548.
Adjusted -$42,046 for 182 sqft less living space and -$333,841 for being older. Net adjustment: -$375,887.
Adjusted -$52,211 for 226 sqft less living space and -$330,213 for being older. Net adjustment: -$382,424.
Adjusted -$46,205 for 200 sqft less living space and -$261,267 for being older. Net adjustment: -$307,472.
Adjusted -$87,789 for 380 sqft less living space and -$257,639 for being older. Net adjustment: -$345,428.
The Neighborhood
This home is valued 38.9% 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
below averageThis home is -38.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,099 across all districts. With a homestead exemption claimed, that drops to $2,427 — saving $1,672 per year. That's $202 per month a buyer should budget. The assessed value increased +8.9% vs the subdivision average of -4.1%. This above-average increase gives a protest opportunity score of 55 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Coupland ISD | School | 1.1622% | $2,814 |
| Williamson County | County | 0.3694% | $894 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $242 |
| Williamson County FM/Rd | County | 0.0443% | $107 |
| Lower Brushy Creek WCID | Water | 0.0169% | $41 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $4,099 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $229,279 would pay approximately $1,431 per month (principal and interest only, excluding taxes and insurance).