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FOR SALE
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$115,000

Reduced $25K

102 Masonic DR, Elgin, TX 78621

Est. Mortgage $898/mo

0.33

acres

Multiple Lots (Adjacent)
0.33 Acre Lot
$347,852/acre
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OVERVIEW

About this home

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.

Listings checked every few minutes. MLS# 4835630 was Last Updated: 09-15-2026.

Listed by LoKation Real Estate LLC (972) 502-9095

Listing courtesy of Unlock MLS as distributed by MLS Grid. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but is not guaranteed accurate by MLS Grid or Unlock MLS.

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Frequently Asked Questions

How much is 102 Masonic DR?

102 Masonic DR is listed for $115,000. It features 0.3306 acres.

What city is 102 Masonic DR in?

102 Masonic DR is located in Elgin, Texas.

What are the details of 102 Masonic DR?

102 Masonic DR sits on 0.3306 acres of land, and is a multiple lots (adjacent) style home.