102 MASONIC DRIVE, ELGIN, TX 78621

Homes for sale in Elgin.

Homes for sale in 78621.


102 Masonic Drive

Elgin, TX 78621

Active

List Price$135,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #4835630

Lots / Land

Type

About This Property

This oversized R-3-zoned lot spans more than 14,000 sq ft--nearly twice the size of nearby parcels--and is approved for single-family, duplex, or manufactured home development within Elgin city limits. Situated on a quiet cul-de-sac just minutes from downtown Elgin, 102 Masonic Drive offers an exceptional opportunity for investors, builders, or homeowners seeking flexibility and location. City water and sewer are already in place, and the property sits high and dry in Flood Zone X, safely outside the 100- and 500-year floodplains. The existing 1945 structure can be removed or incorporated into a new build, offering multiple paths for redevelopment. With no HOA and duplex construction allowed by right, the property provides immediate potential for rental income, resale, or infill development. Elgin has quickly become a key player in Bastrop County's transformation--one of Central Texas's most dynamic growth corridors. Supported by major investments from Starlink, The Boring Company, and X, plus expanding manufacturing anchors such as Carr Lane Manufacturing and Yerico Industries, the region is attracting billions in new development. Nearby projects like Silo Ranch and Epitome at Elgin are bringing new housing, retail, and industrial space, while the county's $43 million broadband initiative and designation as a Texas Media Production Zone are fueling long-term innovation and job creation. Combining small-town charm with direct access to US-290 and SH-130, Elgin delivers strong connectivity and steady population growth--making this property an ideal platform for investors to build now and benefit from the city's accelerating momentum.

Property Features

Location Information

County

Bastrop

Subdivision

Masonic

County

Bastrop

Directions

From Austin, take US-290 East through Manor toward Elgin. Turn left onto Martin Luther King Blvd, then right onto Houston Street. In less than a mile, turn left onto Masonic Drive--the property sits near the top of the hill on the left.

Area

EL

Exterior Features

Is New Construction

No

Lot Size in Acres

0.331

Exterior

See Remarks

Zoning

R-3 -- Single Family, Dupl

Possession

Close Of Escrow

Waterfront Description

None

Water / Sewer

Municipal Utility District

Has Waterfront

No

Water

Municipal Utility District

Has View

No

Fencing

Fenced

View

None

School

Elementary School District

Elgin ISD

Middle School

Elgin

Elementary School

Booker T Washington

High School

Elgin

Additional Information

Other Utilities

See Remarks

APN

12046

Property Type

LL

Status

Active

Property SubType

Multiple Parcels

Documents Available

Aerial, See Remarks

Similar Listings

Mortgage Calculator

$629

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$486

Monthly Tax

$112

Monthly Insurance

$31

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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