Free Elgin, Texas seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Elgin, Texas (Bastrop County). The calculator applies the local rates for you.
- Median home value
- $267,900
- Transfer tax on $270,000
- None
- Seller costs on $270,000
- About $15,650
- Median property tax bill
- $5,432 a year
- County
- Bastrop County
- Population
- 12,438
Elgin transfer tax
Texas does not charge a real estate transfer tax, so there is none to pay on a home sale in Elgin.
Example Elgin seller net sheet
A $270,000 sale, close to Elgin's median home value of $267,900, with a 5% commission and a $160,000 mortgage payoff. Seller costs come to about $15,650, or 5.8% of the price.
| Line | Seller |
|---|---|
| Sale price | $270,000 |
| First mortgage payoff | −$160,000 |
| Real estate commission (5%) | −$13,500 |
| Owner's title insurance policy | −$1,619.80 |
| Settlement / closing fee | −$450 |
| Release / satisfaction recording | −$30 |
| Wire / courier / payoff processing | −$50 |
| Estimated net before property tax prorations | $94,350.20 |
Who pays what in Elgin
Elgin closings follow Bastrop County customs. In Bastrop County, the seller customarily pays the owner's title policy. The settlement fee is paid by each side for its own closing. Closings are usually handled by a title company.
Property taxes in Elgin
The median property tax bill for homeowners in Elgin is $5,432 a year, about 2.03% of the median home value of $267,900 (Census Bureau American Community Survey, 2019-2023). Taxes here are paid in arrears, so at closing the bill is prorated between buyer and seller to the closing date. Calendar year, billed in October and due Jan 31 of the following year; the seller credits the buyer for Jan 1 through closing.
Rates verified 2026-09-29. Home value and tax bill: Census Bureau American Community Survey, 2019–2023. A net sheet is an estimate; final figures come from the title company.
Elgin seller questions
How much is the transfer tax in Elgin, Texas?
Texas does not charge a real estate transfer tax, so there is none to pay on a home sale in Elgin.
How much are seller closing costs in Elgin?
On a $270,000 sale, close to the median home value in Elgin, with a 5% commission, estimated seller costs are about $15,650 (5.8% of the price). Without commission they are about $2,150. The loan payoff and property tax proration change the final number.
What county is Elgin in, and does it matter at closing?
Elgin is in Bastrop County, Texas. County and state rules set the transfer taxes and recording fees, and local custom decides who pays for title and closing. In Bastrop County, the seller customarily pays the owner's title policy. The settlement fee is paid by each side for its own closing.
How much are property taxes in Elgin?
The median property tax bill for homeowners in Elgin is $5,432 a year, about 2.03% of the median home value of $267,900 (Census Bureau American Community Survey, 2019-2023). Taxes here are paid in arrears, so at closing the bill is prorated between buyer and seller to the closing date. Calendar year, billed in October and due Jan 31 of the following year; the seller credits the buyer for Jan 1 through closing.
Other cities in Bastrop County
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