Homes Under $500K in Elgin, TX

264 active homes under $500k in Elgin, TX · The median list price in Elgin is $299,249.5.

Price Cut

$339,900

13601 Gray Landing DR, Elgin TX 78621

MLS #244771601 · New Home Now · Daniel Wilson

4 bd·3 ba·1,956 sqft

$340,000

234 Appleberry LN, Elgin TX 78621

MLS #244111931 · Horizon Realty · Laneigh Hudson

3 bd·2 ba·1,996 sqft

$340,000

214 Saranac DR, Elgin TX 78621

MLS #243815915 · Sterling & Associates R.E. · Cecilia Whitley

3 bd·2.5 ba·2,403 sqft

Price Cut

$344,999

104 Bill ST, Elgin TX 78621

MLS #245129270 · Realty of America, LLC · Sol Nieves

3 bd·2 ba·1,660 sqft

$344,990

13521 Wandering Rhett DR, Elgin TX 78621

MLS #245982234 · DRB Group Realty, LLC · Chaquia Thomas

3 bd·2 ba·1,850 sqft

$344,990

205 Hornet ST, Elgin TX 78621

MLS #245321257 · HomesUSA.com · Ben Caballero

4 bd·3.5 ba·2,470 sqft

New Construction

$345,445

238 Bendecido LOOP, Elgin TX 78621

MLS #246608550 · HomesUSA.com · Ben Caballero

5 bd·3 ba·2,439 sqft

Quick Move-In

New Construction

$347,450

244 Bendecido LOOP, Elgin TX 78621

MLS #246606869 · HomesUSA.com · Ben Caballero

5 bd·3 ba·2,439 sqft

Quick Move-In

New Construction

$350,999

24113 Stagg ST, Elgin TX 78621

MLS #245347014 · Keller Williams City-View · Christopher Marti

5 bd·4 ba·2,958 sqft

Quick Move-In

Motivated Seller

$349,000

205 N Avenue E, Elgin TX 78621

MLS #244182035 · Jeanette Shelby, Realtors · Kelly Koenning

3 bd·2 ba·2,287 sqft

Motivated Seller

$349,000

149 Arosa DR, Elgin TX 78621

MLS #236514488 · Keller Williams Realty · Adelina Rotar

4 bd·2 ba·2,387 sqft

Price Cut

$349,990

13612 Endless Narrow LN, Elgin TX 78621

MLS #244696541 · DRB Group Realty, LLC · Chaquia Thomas

4 bd·2 ba·1,968 sqft

$349,990

175 Hornet ST, Elgin TX 78621

MLS #245278889 · HomesUSA.com · Ben Caballero

5 bd·3 ba·2,563 sqft

$349,990

207 Hornet ST, Elgin TX 78621

MLS #245321261 · HomesUSA.com · Ben Caballero

5 bd·3 ba·2,563 sqft

$349,990

185 Hornet ST, Elgin TX 78621

MLS #245307964 · HomesUSA.com · Ben Caballero

5 bd·3 ba·2,563 sqft

$349,990

215 Hornet ST, Elgin TX 78621

MLS #245321265 · HomesUSA.com · Ben Caballero

5 bd·3 ba·2,563 sqft

Price Cut

$350,000

109 Wayside DR, Elgin TX 78621

MLS #242411253 · Keller Williams Realty · Jan Lee

3 bd·2 ba·2,029 sqft

New Construction

$350,250

163 Hornet ST, Elgin TX 78621

MLS #245882842 · HomesUSA.com · Ben Caballero

5 bd·3 ba·2,439 sqft

Quick Move-In

New Construction

$351,205

159 Hornet ST, Elgin TX 78621

MLS #245574598 · HomesUSA.com · Ben Caballero

4 bd·2.5 ba·2,512 sqft

Quick Move-In

New Construction

$352,999

24116 Stagg ST, Elgin TX 78621

MLS #246572429 · Keller Williams City-View · Christopher Marti

4 bd·3 ba·2,669 sqft

Quick Move-In

Price CutNew Construction

$353,190

25524 Farmers Crop LN, Elgin TX 78621

MLS #244700231 · D.R. Horton, AMERICA'S Builder · Dave Clinton

4 bd·2 ba·2,336 sqft

Quick Move-In

Price Cut

$355,900

14513 Wahlbergs WAY, Elgin TX 78621

MLS #245670462 · LGI Homes · Dale Hill

5 bd·3.5 ba·2,470 sqft

$357,490

226 Hornet ST, Elgin TX 78621

MLS #242596537 · HomesUSA.com · Ben Caballero

5 bd·3 ba·2,563 sqft

Price CutNew Construction

$349,990

143 Hornet ST, Elgin TX 78621

MLS #243475146 · HomesUSA.com · Ben Caballero

5 bd·2.5 ba·2,512 sqft

Quick Move-In

About Homes Under $500K in Elgin, TX

Setting a price ceiling is one of the most useful ways to shop, and there are 264 homes for sale under $500K in Elgin on the market right now, drawn from live MLS data — so you're seeing what's actually available in your range, not a stale list. How far a $500K budget goes depends on the Elgin market, and the quickest gauge is the median list price shown above: when your ceiling is below the local median you're shopping the lower-priced end of the local market, and when it's near or above the median you're looking at a large share of what's available. Within a $500K budget you'll typically find a mix of property types — houses, condos, and townhomes, and in some areas newer construction — across different sizes, ages, and neighborhoods, so the trade-offs between them are where the real choice lives. You can filter the homes and houses for sale under $500K in Elgin by beds, baths, and features to narrow the list, and open any listing for its full details and price history. Because HomeLocating is an independent home-search platform — not a national portal — you get a neutral, MLS-sourced view of what $500K actually buys in Elgin today.

Buying a Home Under $500K in Elgin

Shopping with a $500K ceiling in Elgin works best when the number is real, so a few things are worth doing before you tour. Start with a lender: getting pre-approved tells you what you can actually borrow and what your monthly payment looks like at $500K, which is often different from a round budget in your head. Remember that the list price isn't the whole cost — property taxes, any HOA or MUD dues, and insurance all factor into what a home under $500K really costs each month, so it's worth looking at the full number. Within a fixed budget, the choice usually comes down to trade-offs: size, location and commute, the age and condition of the home, and new construction versus resale — deciding which of those matter most to you makes comparing homes far easier. And well-priced homes in a given range can move quickly, so knowing your criteria in advance helps you act when the right one appears. None of this is financial advice, and HomeLocating is not a lender — but it's what keeps a budget from being a guess. Because HomeLocating is operated by Walter Marin, REALTOR® with Compass, you can get help finding and buying a home under $500K in Elgin directly through the site. When you're ready, browse the listings above and reach out about any that interest you.

Frequently Asked Questions

How many homes are for sale under $500K in Elgin?

It changes as new listings come on the market and others go under contract. The homes under $500K shown here for Elgin are drawn from live MLS data, so the count reflects what's actually available right now — the current total is shown with the results above.

What kind of homes can I get under $500K in Elgin?

It depends on how $500K compares to the local market — the median list price for Elgin is shown above. Within that budget you'll generally find a mix of houses, condos, and townhomes, and in some areas newer construction, across a range of sizes, ages, and neighborhoods. Filtering by property type and features narrows it to what fits.

How does a $500K budget compare to the Elgin market?

The simplest gauge is the median list price shown above. If $500K is below the Elgin median, you're shopping the lower-priced end of the market; if it's near or above the median, your budget covers a large share of what's listed. The live count shows how many homes currently fall under $500K.

How do I know what I can actually afford?

List price is only part of it — your real budget depends on your financing plus property taxes, insurance, and any HOA or MUD dues. Getting pre-approved with a lender tells you what you can borrow and what the monthly payment would be at $500K, so the number is based on your situation rather than a guess.

Are these listings current?

Yes — the homes under $500K shown here are drawn from live MLS data, so you're seeing current listings rather than a stale or padded list. As an independent platform, the goal is an accurate, neutral view of the Elgin market.

Can HomeLocating help me buy a home under $500K in Elgin?

Yes. HomeLocating is operated by Walter Marin, REALTOR® with Compass, so you can get help comparing homes in your budget, understanding the full monthly cost, and handling the offer directly through the site — reach out about any of the listings above.