$135,000
$5K PRICE DROP

102 Masonic Dr Elgin, TX 78621

Estimated payment $1,073/month

Total Views 54,760
0.33 Acres
$408,348 Price per Acre
14,401 Sq Ft Lot

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

Connor James

LoKation Real Estate, LLC Brokerage Phone: (512) 792-4703 License #0694650 Listed on: 10/24/2025

LoKation Real Estate, LLC

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

Property Details

Property Type

Land

Est. Annual Taxes

$4,151

Lot Details

0.33 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Multiple Lots (Adjacent)
  • Additional Parcels Description: 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.
  • Additional Parcels: Yes
  • 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 the top of the hill on the left.
  • Disclosures: See Remarks
  • Fencing: Fenced
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 792-4703
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 4151.35
  • FEMA Flood Plain: No
  • Current Price Lot Size Squ: 9.37
  • "Current Price By Original ": 0.96
  • List Price Lot Size Square: 9.37
  • List Price By Original Lis: 0.96
  • Restrictions: See Remarks
  • Tax Exemptions: Homestead
  • Mineral: See Remarks
  • Special Features: None

Interior Features

  • View: None

Exterior Features

  • Exterior Features: See Remarks
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Utilities

  • Sewer: MUD
  • Utilities: See Remarks
  • Water Source: MUD

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • Elementary School: Booker T Washington
  • High School: Elgin
  • Middle/Junior School: Elgin
  • Junior High Dist: Elgin ISD

Lot Info

  • Lot Features: Cul-De-Sac, Front Yard, Open Lot, Trees-Medium (20 Ft - 40 Ft)
  • Zoning: R-3 — Single Family, Dup
  • Parcel Number: 12046
  • Lot Size Acres: 0.3306
  • Lot Size Sq Ft: 14400.94
  • Subdivision Name: Masonic

Building Info

  • New Construction: No

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 4151.35
  • Tax Rate: 2.39740000000000

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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 -- --
Source: Unlock MLS (Austin Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

About the Listing Agent

Connor James

LoKation Real Estate, LLC

(737) 258-3864

Section Image

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

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Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 4835630

Unlock MLS (Austin Board of REALTORS®)

APN: 12046

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