601 CR 463, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $181,261 and $1,101,173, with a best estimate of $283,837. 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
$283,837
$1,074,419
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 $181,261 and $1,101,173. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$74,621 for 323 sqft more living space and -$58,059 for being older. Net adjustment: +$16,562.
Adjusted +$27,723 for 120 sqft more living space and -$39,916 for being older. Net adjustment: -$12,193.
Adjusted -$93,103 for 403 sqft less living space and +$18,144 for being newer. Net adjustment: -$74,959.
Adjusted +$82,475 for 357 sqft more living space and -$7,257 for being older. Net adjustment: +$75,218.
Adjusted -$341,915 for 1,480 sqft less living space. Net adjustment: -$341,915.
The Neighborhood
This home is valued 156.5% above the T705350I - SCO-COUPLAND median of $418,832. With 561 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.1% over the past year.
T705350I - SCO-COUPLAND
outlier highThis home is +156.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $4,508 across all districts. With a homestead exemption claimed, that drops to $2,832 — saving $1,676 per year. That's $236 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% | $3,095 |
| Williamson County | County | 0.3694% | $984 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $266 |
| Williamson County FM/Rd | County | 0.0443% | $118 |
| Lower Brushy Creek WCID | Water | 0.0169% | $45 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $4,508 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $283,837 would pay approximately $1,772 per month (principal and interest only, excluding taxes and insurance).