488 COUNTY ROAD 468, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $286,340 and $1,025,488, with a best estimate of $575,737. That places the property above the T705350I - SCO-COUPLAND median of $418,832, in a neighborhood that declined 4.1% over the past year.
Estimated Value Range
$575,737
$326,881
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 $286,340 and $1,025,488. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$26,337 for 114 sqft less living space and +$14,515 for being newer. Net adjustment: -$11,822.
Adjusted +$5,545 for 24 sqft more living space and +$29,030 for being newer. Net adjustment: +$34,575.
Adjusted -$183,433 for 794 sqft less living space and +$14,515 for being newer. Net adjustment: -$168,918.
Adjusted -$42,277 for 183 sqft less living space and +$29,030 for being newer. Net adjustment: -$13,247.
Adjusted -$186,205 for 806 sqft less living space and +$79,832 for being newer. Net adjustment: -$106,373.
The Neighborhood
This home is valued 22.0% 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
below averageThis home is -22.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,478 across all districts. With a homestead exemption claimed, that drops to $3,791 — saving $1,687 per year. That's $316 per month a buyer should budget. The assessed value increased +244.1% vs the subdivision average of -4.1%. This above-average increase gives a protest opportunity score of 100 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Coupland ISD | School | 1.1622% | $3,799 |
| Williamson County | County | 0.3694% | $1,208 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $327 |
| Williamson County FM/Rd | County | 0.0443% | $145 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6760% | $5,478 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $575,737 would pay approximately $3,594 per month (principal and interest only, excluding taxes and insurance).