Estimated payment $1,073/month
Highlights
- 0.33 Acre Lot
- No HOA
- Fenced
- Wooded Lot
- Cul-De-Sac
- Open Lot
About This Lot
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 Agent
LoKation Real Estate, LLC Brokerage Phone: (512) 792-4703 License #0694650 Listed on: 10/24/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,151
Lot Details
- 14,401 Sq Ft Lot
- Cul-De-Sac
- Fenced
- Open Lot
- Wooded Lot
- Front Yard
- Sale includes Lots 4 and 5 of the Masonic Subdivision (Bastrop County PID R12046). Both parcels convey together but may be split for separate development or resale, subject to city approval.
Schools
- Booker T Washington Elementary School
- Elgin Middle School
- Elgin High School
Utilities
- Municipal Utilities District for Water and Sewer
Community Details
- No Home Owners Association
- Masonic Subdivision
Listing and Financial Details
- Assessor Parcel Number 12046
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,257 | $173,157 | $136,665 | $36,492 |
| 2023 | $4,257 | $177,566 | $136,665 | $40,901 |
| 2022 | $3,385 | $132,433 | $95,622 | $36,811 |
| 2021 | $2,089 | $72,983 | $38,883 | $34,100 |
| 2020 | $2,168 | $73,505 | $38,883 | $34,622 |
| 2019 | $1,647 | $55,254 | $14,400 | $40,854 |
| 2018 | $1,678 | $56,175 | $14,400 | $41,775 |
| 2017 | $1,765 | $58,972 | $14,400 | $44,572 |
| 2016 | $1,379 | $46,073 | $14,400 | $31,673 |
| 2015 | $1,434 | $46,073 | $14,400 | $31,673 |
| 2014 | $1,434 | $46,073 | $14,400 | $31,673 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/10/2026 03/10/26 | Price Changed | $135,000 | -3.6% | -- |
| 10/24/2025 10/24/25 | For Sale | $140,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available |
About the Listing Agent
Connor James is a distinguished Realtor with a wealth of experience in navigating the intricacies of the Austin real estate market. With a tenure spanning over seven years, Connor possesses an innate understanding of the dynamic forces shaping Austin's real estate landscape.
As the driving force behind The Weston Group - Sprout Realty, Connor leads a team of four adept agents committed to delivering unparalleled results. Under his astute leadership, the team executes seamless property
Connor's Other Listings
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 4835630
APN: 12046
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Ask me questions while you tour the home.