$140,000

102 Masonic DR, Elgin, TX 78621

  • 3 beds |
  • 1 bath |
  • 792 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1945
  • Property Lot Size Icon0.33acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $177/sqft
  • Property List Date Icon Listed 3 days ago

Property 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.

Listing Status:
Active
Listing Office:
LoKation Real Estate, LLC : (512) 792-4703
Listing Agent:
Connor James : (512) 559-3294
MLS ID:
6246525
  • General: Primary Bedroom on Main
  • Appliances: See Remarks
  • Laundry: Inside
  • Flooring: See Remarks
  • A/C: See Remarks
  • Heating: See Remarks
  • Fireplace: Fireplaces: 0
  • Eco/Green Feature: NoneNone
  • General: See Remarks
  • Other Structures: Front Porch
  • Pool: None
  • Parking: Attached CarportParking spaces: 2
  • Roofing: Composition
  • Windows: See Remarks
  • General: OnePillar/Post/Pier
  • HOA Amenities: None
  • Originating MLS: actris
  • School District: Elgin ISD
  • County: Bastrop
  • Zoning: MASONICLOT 4 & 512046
  • View: None
  • Fencing: Fenced
  • Utilities: See Remarks
  • Water: MUD
  • Sewer: MUD
  • Source: actris

This listing courtesy of Connor James, LoKation Real Estate, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

B

Booker T. Washington Elementary School

510 M L K Dr, Elgin, TX, 78621

Grades PK-5

0.26 miles away

E

Elgin Middle School

1351 N Avenue C, Elgin, TX, 78621

Grades 6-8

2.00 miles away

E

Elgin High School

14000 County Line Rd, Elgin, TX, 78621

Grades 9-12

3.13 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.