102 Masonic DrElgin, TX 78621

Description

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 Information

Property type

Residential

Sub-type

Single Family Residence

Year built

1945

Living area

792 Sq Ft

Lot size

0.33 acres

Parking spaces

2

Ownership

Common

Days on market

343

MLS^® Listing#

6246525

Property Features

Interior

Master Downstairs

Heating

See Remarks

Flooring

See Remarks

Pool

None

Parking

Attached Carport

Laundry

Inside

Patio

Front Porch

Fencing

Fenced

Lot features

Cul-De-Sac · Front Yard · Open Lot

Construction

Other

Foundation

Pillar/Post/Pier

Roof

Composition

Other structures

None

Community

None

Utilities

See Remarks

Schools

Elementary

Booker T Washington

Middle

Elgin

High

Elgin

Financial Details

HOA

None

Annual taxes

$4,151Tax year 2025

Assessed value

$173,157

Parcel number

12046

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.