401 COUNTY ROAD 462, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $466,503 and $794,021, with a best estimate of $719,838. 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
$719,838
$400,145
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 $466,503 and $794,021. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$27,261 for 118 sqft less living space and +$58,059 for being newer. Net adjustment: +$30,798.
Adjusted -$121,056 for 524 sqft less living space. Net adjustment: -$121,056.
Adjusted +$124,753 for 540 sqft more living space and -$3,629 for being older. Net adjustment: +$121,124.
Adjusted -$89,175 for 386 sqft less living space and +$14,515 for being newer. Net adjustment: -$74,660.
Adjusted +$114,588 for 496 sqft more living space. Net adjustment: +$114,588.
The Neighborhood
This home is valued 4.5% 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
typicalThis home is -4.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,774 across all districts. With a homestead exemption claimed, that drops to $5,073 — saving $1,701 per year. That's $423 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% | $4,650 |
| Williamson County | County | 0.3694% | $1,478 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $400 |
| Williamson County FM/Rd | County | 0.0443% | $177 |
| Lower Brushy Creek WCID | Water | 0.0169% | $68 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $6,774 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $719,838 would pay approximately $4,493 per month (principal and interest only, excluding taxes and insurance).