662 CR 491, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $530,298 and $2,307,824, with a best estimate of $590,854. 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
$590,854
$353,121
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 $530,298 and $2,307,824. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$147,855 for 640 sqft less living space and -$10,886 for being older. Net adjustment: -$158,741.
Adjusted -$41,584 for 180 sqft less living space and +$3,629 for being newer. Net adjustment: -$37,955.
Adjusted +$4,158 for 18 sqft more living space and -$72,574 for being older. Net adjustment: -$68,416.
Adjusted -$6,007 for 26 sqft less living space and -$68,946 for being older. Net adjustment: -$74,953.
Adjusted +$7,393 for 32 sqft more living space and +$10,886 for being newer. Net adjustment: +$18,279.
The Neighborhood
This home is valued 15.7% 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 -15.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,691 across all districts. With a homestead exemption claimed, that drops to $3,012 — saving $1,679 per year. That's $251 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% | $3,253 |
| Williamson County | County | 0.3694% | $1,034 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $280 |
| Williamson County FM/Rd | County | 0.0443% | $124 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6760% | $4,691 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $590,854 would pay approximately $3,688 per month (principal and interest only, excluding taxes and insurance).