128 REILLY LN, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $120,067 and $740,479, with a best estimate of $597,318. 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
$597,318
$347,724
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $120,067 and $740,479. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$46,205 for 200 sqft less living space and +$10,886 for being newer. Net adjustment: -$35,319.
Adjusted -$13,399 for 58 sqft less living space and +$14,515 for being newer. Net adjustment: +$1,116.
Adjusted +$24,026 for 104 sqft more living space and +$7,257 for being newer. Net adjustment: +$31,283.
Adjusted +$53,135 for 230 sqft more living space and +$14,515 for being newer. Net adjustment: +$67,650.
Adjusted -$40,660 for 176 sqft less living space and +$7,257 for being newer. Net adjustment: -$33,403.
The Neighborhood
This home is valued 17.0% 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 -17.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,828 across all districts. With a homestead exemption claimed, that drops to $4,136 — saving $1,692 per year. That's $345 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% | $4,041 |
| Williamson County | County | 0.3694% | $1,285 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $348 |
| Williamson County FM/Rd | County | 0.0443% | $154 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6760% | $5,828 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $597,318 would pay approximately $3,728 per month (principal and interest only, excluding taxes and insurance).