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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.

Detalles de la propiedad

Tipo de propiedad

Residential · SingleFamilyResidence

Estatus

Active

Año de construcción

1945

Baños completos

1

Tamaño del lote

0.3306

Fraccionamiento

Masonic

Área MLS

EL

MLS #

234789505

Características

Detalles adicionales

Estacionamiento

Attached Carport

Lugares de cochera

0

Techo

Composition

Cimentación

Pillar/Post/Pier

Impuesto anual

$4,151

Escuelas

Assigned schools per the MLS.

Distrito escolar

Elgin ISD

Primaria

Booker T Washington

Secundaria

Elgin

Preparatoria

Elgin

See Elgin ISD schools & boundaries →

Casas comparables cerca de 102 Masonic DR

Similar homes currently for sale nearby, ranked by distance.

$135,000

148 Brenham ST, McDade

2 bd / 1 ba · 7.9 mi away

$125,000

901 W 5th ST, Taylor

3 bd / 1 ba · 16.4 mi away

$112,000

620 Washburn ST, Taylor

4 bd / 2 ba · 16.4 mi away

$140,000

209 Old Thorndale RD, Taylor

2 bd / 1 ba · 16.8 mi away

$115,000

506 Forest CT, Taylor

3 bd / 1.5 ba · 17.2 mi away

$129,900

704 Drake LN, Taylor

3 bd / 1.5 ba · 17.5 mi away

Cómo desplazarse

Downtown Austin

23.2 mi

Austin-Bergstrom Airport

20.6 mi

Straight-line distance, not drive time.

Análisis del mercado

Compared with 530 active homes in ZIP 78621 · HomeLocating listings

At $115,000, this home is priced 61% below the $295,000 median across 530 active homes in ZIP 78621.

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