1361 COUNTY ROAD 464, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $-36,817 and $805,052, with a best estimate of $416,780. 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
$416,780
$87,915
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 $-36,817 and $805,052. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$39,274 for 170 sqft less living space and -$217,723 for being older. Net adjustment: -$256,997.
Adjusted +$171,420 for 742 sqft more living space and -$36,287 for being older. Net adjustment: +$135,133.
Adjusted +$50,132 for 217 sqft more living space and -$0 for being older. Net adjustment: +$50,132.
Adjusted -$31,188 for 135 sqft less living space and -$308,440 for being older. Net adjustment: -$339,628.
Adjusted +$75,083 for 325 sqft more living space and -$293,926 for being older. Net adjustment: -$218,843.
The Neighborhood
This home is valued 79.0% 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
outlier lowThis home is -79.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $1,488 across all districts. With a homestead exemption claimed, that drops to $448 — saving $1,040 per year. That's $37 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% | $1,022 |
| Williamson County | County | 0.3694% | $325 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $88 |
| Williamson County FM/Rd | County | 0.0443% | $39 |
| Lower Brushy Creek WCID | Water | 0.0169% | $15 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $1,488 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $416,780 would pay approximately $2,602 per month (principal and interest only, excluding taxes and insurance).