581 County Road 462, Elgin TX 78621

Elgin, TX 78621 | Elgin Acres

Ed's Opinion of Value

$406,512 Ed's Estimate: $530,810 $975,000
Lowest Comp Recommended List: $520,000 to $541,000 Highest Comp

Listing History

$399,999 List Price
$536,260 Comp Value
1 Price Reductions

This property was listed at $399,999 and withdrawn after 187 days on market. The price was reduced from $440,000 to $399,999. This listing activity factors into the valuation.

The comparable sales data (7 recent transactions in ELGIN ACRES) supports an estimated value of $530,810. The data suggests a list price between $520,000 and $541,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in ELGIN ACRES, this home would be the 4th most expensive of 7 comparable homes on the market. At 159 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 5.00 acres versus 3.09 for the typical comp. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus
4 Beds
3 Baths 3 Full
2,288 Sq Ft
5 Acres
2020 Built

About This Property

This property offers a fantastic opportunity to complete construction and customize the finishes to your taste. Situated on a beautiful 5-acre lot, the seller indicates there's potential to add two more homes plus a warehouse; however, this information should be verified independently by the buyer and their agent.
The foundation, framing, plumbing, electrical wiring, windows, and exterior doors are already in place. A metal roof has been installed, and a water heater and A/C unit are on-site, ready for installation. Water is connected, and the property includes a four-car carport with an attached guest bathroom.
Please note that septic and an electric meter still need to be installed.

Features

  • See Remarks
  • Vaulted Ceiling(s)
  • Primary Bedroom on Main

Location

Schools

School District Coupland ISD
Elementary Coupland
Middle School Coupland Middle
High School Taylor

Property Details

Property Type Residential
Flooring See Remarks
Cooling None
Heating None
Exterior None
MLS # 9255850

Tax Information

Annual Taxes (MLS) $7,760 (2024)

Listing History

MLS# 9255850 187 days
Oct 7, 2025 Off Market
Jun 6, 2025 Price Change $399,999
Apr 3, 2025 Listed $440,000

Frequently Asked Questions About 581 County Road 462, Elgin TX 78621

When was 581 County Road 462, Elgin TX 78621 built?

581 County Road 462, Elgin TX 78621 was built in 2020.

How much does 581 County Road 462, Elgin TX 78621 cost?

581 County Road 462, Elgin TX 78621 is currently off market.

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