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102 Masonic Drive

Elgin, TX 78621
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Acres0.33

Acre(Lot)

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 developmen t. 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.

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Detail Ic Property Details

Property Type : Land

Price : $135,000

AD Id : 76055725

MLS Id : 4835630

Lot Size : 0.33 Acre(Lot)

County : Bastrop

Subdivision: Masonic

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Feature Features

  • Exterior Features

    Exterior Features: SeeRemarks

  • Lot Information

    Main Square Feet: 0.3306 Lot Size Acres: 0.3306 Lot Description: CulDeSac,FrontYard,OpenLot,TreesMediumSize

    Property Information

    Subdivision: Masonic Source Property Type: Land Zoning Description: R-3 — Single Family, Duplex & Mobile Home Property SubType: Multiple Parcels

  • Listing Price Information

    Listing Price: $135000
    Cash, Conventional

  • Tax Information

    Parcel Number: 12046 Tax Lot: 4 Tax Year: 2025 Annual Tax: $4151.35 Tax Legal Desc: MASONIC, LOT 4 & 5

  • School Information

    Elementary School: Booker T Washington Junior High School: Elgin Senior High School: Elgin
  • Utility Information

    SeeRemarks
  • Location Information

    Direction: 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. WaterSource: MunicipalUtilityDistrict
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Upper Elgin River Rd, Elgin, TX, 78621 $600,000 -- -- -- 13.71 Acres(Lot)
14 LOTS Madison, Block .., Elgin, TX, 78621 $499,900 -- -- -- 1.82 Acres(Lot)
4765 County Road 473, Elgin, TX, 78621 $110,000 -- -- -- 1.01 Acre(Lot)
4771 County Road 473, Elgin, TX, 78621 $799,000 2 2 1,600 19.97 Acres(Lot)
4605 County Road 467, Elgin, TX, 78621 $699,000 -- -- -- 26 Acres(Lot)
4605 County Road 467, Elgin, TX, 78621 $699,000 -- -- -- Acres (Lot)--
4605 County Road 467, Elgin, TX, 78621 $699,000 -- -- -- Acres (Lot)--
1143 Saratoga Way, Elgin, TX, 78621 $230,248 -- -- -- 6.49 Acres(Lot)
1146 Saratoga Way, Elgin, TX, 78621 $235,325 -- -- -- 6.63 Acres(Lot)
4605 County Road 467, Elgin, TX, 78621 $699,000 -- -- -- 25.54 Acres(Lot)

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ByOwner last updated this listing 06/05/2026 @ 09:09

MLS: 4835630 LISTED BY: Connor James, LoKation Real Estate, LLC 512-792-4703 SOURCE: ACTRIS

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