Current MLS property details
102 Masonic Dr, Elgin, TX 78621
$115,000
Listed by Connor James · Rapid Realty LLC · (469) 645-1011
- Bedrooms
- 3
- Bathrooms
- 1 total
- Living area
- 792 sq ft
- Lot size
- 0.331 acres
- Year built
- 1945
- Property type
- Single Family Residence
- Subdivision
- Masonic
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.
About Elgin, TX
Elgin right now: 396 homes for sale shown on this site, 305 active or coming soon. Median list price: $293,620.
Schools listed for this property: Elgin ISD (Elementary: Booker T Washington, Middle: Elgin, High: Elgin). Confirm school assignment with the district.
All current homes in Elgin, TX
Homes for sale in Elgin, TX · Bastrop County housing market · Bastrop County school districts
Questions to review before your visit
- Confirm the current availability, asking terms, showing instructions, and documents available from the listing agent before arranging a visit.
- Ask which disclosures, repair records, system ages, permits, and inspection information are available. Use the showing to identify questions for the appropriate inspector or other qualified professional.
- The source description discusses flood conditions. Check the mapped flood information, elevation or survey records available for this parcel, potential insurance requirements, and how those findings affect your intended use with the responsible professionals.
Send Bre the property address or MLS number with your questions so the conversation stays tied to this listing. The listing information above comes from the MLS; these planning questions do not confirm a property’s condition, permitted use, or financing eligibility.
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