102 Masonic Dr

Elgin, TX
$ 115,000 Beds 3 Baths 1 Sq 792
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 115,000
  • City
  • Elgin
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • BASTROP
  • Half Bathrooms
  • 0
  • Area
  • EL
  • Lot Size
  • 0.3306 Acres
  • Zip
  • 78621
  • Sqr Footage
  • 792
  • Year Built
  • 1945
  • Taxes
  • $ 4151
  • Style
  • Single Family Residence
  • MLS#
  • 6246525
Listed By: LoKation Real Estate LLC;
Data Source: Austin Board of REALTORS® (ABOR) as distributed by MLS GRID

Features

General

Living Area 792
Sewer MUD
Heating See Remarks
Cooling See Remarks
Utilities See Remarks
Roof Composition
Appliances See Remarks
Patio/Porch Features Front Porch
Pool Features None
Construction Materials Other
Year Built 1945
View None
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features None
Community Features None
Accessibility See Remarks
County Bastrop
New Construction No
Property Type Residential
HOA No
Energy Efficient None
Subdivision Name Masonic
Facing Direction East
Green Sustainability None
Other Structures None
Full Baths 1
Status Active
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
High School Elgin
City Elgin
Disclosures See Remarks
MLS Area EL
Lot Size Square Feet 14400.94
Elementary School Booker T Washington
Tax Annual Amount 4151.35
Middle/Junior High School Elgin
Property Condition Resale
Additional Parcels Y/N Yes
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 173157

Interior Features

Interior Amenities Primary Bedroom on Main
Flooring See Remarks
Window Features See Remarks
Total Bedrooms 3
Main Level Bedrooms 3
LivingAreaSource Public Records
Total Baths 1

Exterior Features

Exterior Amenities See Remarks
Fencing Fenced
Parking Features Attached Carport
Lot Features Cul-De-Sac,Front Yard,Open Lot,Trees-Medium (20 Ft - 40 Ft)
Water Source MUD
Total Parking 2
Foundation Details Pillar/Post/Pier
Lot Size Acres 0.3306
Waterfront Y/N No
Horse Y/N No
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Cedar Park, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Booker T Washington Elementary School
Middle School Elgin Middle School
High School Elgin High School

Price History

10/24/2025 Listed $140,000
3/10/2026 4% - $135,000
7/12/2026 15% - $115,000

Property vs Zip Code Average in 78621

Price
AVG $380K
$120K
Taxes
AVG $6,811
$4,151
Year Built
AVG 2012
1945
Visits
AVG 122
356
Data Provided by Inside Real Estate®

Areas That We Cover

102 Masonic Dr Elgin, TX is a Single Family Home for sale at $115000 with 792 sqft and a lot size of 0.3306 Acres Acre(s). 102 Masonic Dr Elgin has 3 bedrooms, 1 baths and was built in 1945. The property's zip code is 78621 which is in Elgin, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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