495 COUNTY ROAD 462, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $1,225,282 and $1,904,871, with a best estimate of $1,672,699. 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
$1,672,699
$1,057,667
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 $1,225,282 and $1,904,871. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$547,757 for 2,371 sqft more living space and +$7,257 for being newer. Net adjustment: +$555,014.
Adjusted +$714,094 for 3,091 sqft more living space and -$3,629 for being older. Net adjustment: +$710,465.
Adjusted +$871,190 for 3,771 sqft more living space and -$3,629 for being older. Net adjustment: +$867,561.
Adjusted +$903,071 for 3,909 sqft more living space and +$10,886 for being newer. Net adjustment: +$913,957.
Adjusted +$1,106,834 for 4,791 sqft more living space and -$3,629 for being older. Net adjustment: +$1,103,205.
The Neighborhood
This home is valued 152.5% 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 +152.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $17,906 across all districts. With a homestead exemption claimed, that drops to $16,083 — saving $1,823 per year. That's $1,340 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% | $12,292 |
| Williamson County | County | 0.3694% | $3,908 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $1,058 |
| Williamson County FM/Rd | County | 0.0443% | $469 |
| Lower Brushy Creek WCID | Water | 0.0169% | $179 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $17,906 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,672,699 would pay approximately $10,441 per month (principal and interest only, excluding taxes and insurance).