1580 CR 491, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $137,387 and $949,307, with a best estimate of $276,901. That places the property above the AM40SDXI - MH EAST median of $179,286, in a neighborhood that declined 0.7% over the past year.
Estimated Value Range
$276,901
$297,618
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in AM40SDXI - MH EAST, this home's estimated market value is between $137,387 and $949,307. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$16,026 for 168 sqft less living space and +$5,953 for being newer. Net adjustment: -$10,073.
Adjusted -$5,342 for 56 sqft less living space and -$11,906 for being older. Net adjustment: -$17,248.
Adjusted -$53,419 for 560 sqft less living space and +$5,953 for being newer. Net adjustment: -$47,466.
Adjusted -$859 for 9 sqft less living space and +$53,575 for being newer. Net adjustment: +$52,716.
Adjusted +$5,342 for 56 sqft more living space and +$154,774 for being newer. Net adjustment: +$160,116.
The Neighborhood
This home is valued 66.0% above the AM40SDXI - MH EAST median of $179,286. With 922 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.7% over the past year.
AM40SDXI - MH EAST
outlier highThis home is +66.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $3,589 across all districts. With a homestead exemption claimed, that drops to $1,923 — saving $1,666 per year. That's $160 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% | $2,489 |
| Williamson County | County | 0.3694% | $791 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $214 |
| Williamson County FM/Rd | County | 0.0443% | $95 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6760% | $3,589 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $276,901 would pay approximately $1,728 per month (principal and interest only, excluding taxes and insurance).