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    Property profile & analytics

    16023 Hwy 290th E Elgin, TX 78621-4207

    • Office buildings
    • 875 SF
    • 4.88 lot acres
    OFF-MARKET
    Value Estimation
    $405,000
    Last Sale
    Feb 25, 2022
    Location Intelligence
    Property ID
    US83-4272073
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 16023 Hwy 290th E

    Year built
    2008
    Lot size
    4.88 lot acres
    Property size
    875 SF
    Property type
    Office buildings
    APN
    239910103
    APU
    239910103

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elgin
    County
    Travis
    State
    Texas
    Longitude
    -97.4647
    Latitude
    30.35
    CBSA code
    12420
    CBSA name
    AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $9,517
    $146,370
    $216,155
    $362,525
    -
    $146,370
    $216,155
    $362,525

    Comparable in this City

    • Value Estimation by Request
      3,236 SF

      18409 Littig Rd

      OFFICE BUILDING • 3,236 SF
      18409 Littig Rd, Elgin, TX 78621
      View Details
    • Value Estimation by Request
      3,320 SF

      15721 Hwy 290th E

      OFFICE BUILDING • 3,320 SF
      15721 Hwy 290th E, Elgin, TX 78621-9604
      View Details
    • Value Estimation by Request
      1,870 SF

      Edward St

      OFFICE BUILDING • 1,870 SF
      Edward St, Elgin, TX 78621
      View Details
    • Value Estimation by Request
      306,160 SF

      14000 County Line Rd

      OFFICE BUILDING • 306,160 SF
      14000 County Line Rd, Elgin, TX 78621-4223
      View Details
    • Value Estimation
      $410,000
      6,228 SF

      13704 County Line Rd

      OFFICE BUILDING • 6,228 SF
      13704 County Line Rd, Elgin, TX 78621-5998
      View Details
    • Value Estimation by Request

      Elgin, TX 78621

      CABLE TV STATION
      Elgin, TX 78621
      View Details

    Similar Nearby for Sale

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      Elgin Commercial Land & Building

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      View Details
    • Contact for pricing
      10.00 Acres

      Elgin Land: Hwy 290 Commercial/Residential

      Prime Austin-area land, ETJ zoning, Hwy 290 frontage.
      270 Us-Hwy 290, Elgin, TX 78621
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    Similar Nearby for Lease

    • $450 /Mo

      Downtown Elgin Office Space

      Small office space with rich architectural details in downtown Elgin.
      101 W 1St St E, Elgin, TX 78621
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      Downtown Elgin Commercial Space Available

      Commercial space for rent in downtown Elgin, Texas.
      103 W 1St St, Elgin, TX 78621
      View Details
    • $1,875 /Mo

      Elgin Specialty Property For Rent

      Specialty property available for rent in Elgin, Texas.
      450 Us-290 Hwy, Elgin, TX 78621
      View Details
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    16023 Hwy 290th E
    Elgin, TX 78621-4207
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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