2350 COUNTY ROAD 463, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $27,655 and $852,711, with a best estimate of $397,070. 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
$397,070
$179,387
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 $27,655 and $852,711. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$60,066 for 260 sqft less living space and -$3,629 for being older. Net adjustment: -$63,695.
Adjusted -$187,129 for 810 sqft less living space and -$14,515 for being older. Net adjustment: -$201,644.
Adjusted -$197,294 for 854 sqft less living space and -$10,886 for being older. Net adjustment: -$208,180.
Adjusted -$87,327 for 378 sqft less living space. Net adjustment: -$87,327.
Adjusted -$136,535 for 591 sqft less living space and +$319,327 for being newer. Net adjustment: +$182,792.
The Neighborhood
This home is valued 57.2% 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 -57.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,037 across all districts. With a homestead exemption claimed, that drops to $1,377 — saving $1,660 per year. That's $115 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% | $2,085 |
| Williamson County | County | 0.3694% | $663 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $179 |
| Williamson County FM/Rd | County | 0.0443% | $80 |
| Lower Brushy Creek WCID | Water | 0.0169% | $30 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $3,037 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $397,070 would pay approximately $2,478 per month (principal and interest only, excluding taxes and insurance).