102 MASONIC DRIVE, ELGIN, TX 78621
Homes for sale in Elgin.
Homes for sale in 78621.
102 Masonic Drive
Elgin, TX 78621
List Price$135,000
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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