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.
Active
Price cut: $20K (7/12)
$115,000
102 Masonic Dr, Elgin, TX 78621
3beds
792sqft
Single Family Residence
Built in 1945
0.33 Acres Lot
$-- Zestimate®
$145/sqft
$-- HOA
What's special
- 351 days
- 342
- 19
Zillow last checked:
Listing updated:
Listed by:
Connor James (469) 645-1011,
Rapid Realty LLC (469) 645-1011
Source: Unlock MLS,MLS#: 6246525
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 3
Heating
- See Remarks
Cooling
- Other
Appliances
- Included: See Remarks
Features
- Primary Bedroom on Main
- Flooring: See Remarks
- Windows: See Remarks
Interior area
- Total interior livable area: 792 sqft
Property
Parking
- Parking features: Attached Carport
- Has attached garage: Yes
Accessibility
- Accessibility features: See Remarks
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch
- Exterior features: See Remarks
- Pool features: None
- Fencing: Fenced
- View description: None
- Waterfront features: None
Lot
- Size: 0.33 Acres
- Features: Cul-De-Sac, Front Yard, Open Lot, Trees-Medium (20 Ft - 40 Ft)
Details
- Additional structures: None
- Has additional parcels: Yes
- Parcel number: 12046
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1945
Utilities & green energy
- Sewer: Municipal Utility District (MUD)
- Water: Municipal Utility District (MUD)
- Utilities for property: See Remarks
Community & HOA
Community
- Features: None
- Subdivision: Masonic
HOA
- Has HOA: No
Location
- Region: Elgin
Financial & listing details
- Price per square foot: $145/sqft
- Tax assessed value: $173,157
- Annual tax amount: $4,151
- Date on market: 10/24/2025
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/12/2026 | Price change | $115,000-14.8%$145/sqft |
Source: | ||
| 3/10/2026 | Price change | $135,000-3.6%$170/sqft |
Source: | ||
| 10/24/2025 | Listed for sale | $140,000+7.7%$177/sqft |
Source: | ||
| 9/27/2025 | Listing removed | $130,000$164/sqft |
Source: | ||
| 9/11/2025 | Price change | $130,000-1.5%$164/sqft |
Source: | ||
| 9/10/2025 | Price change | $132,000-2.2%$167/sqft |
Source: | ||
| 8/27/2025 | Price change | $135,000-3.6%$170/sqft |
Source: | ||
| 7/9/2025 | Price change | $140,000-19.5%$177/sqft |
Source: | ||
| 4/15/2025 | Price change | $174,000-0.6%$220/sqft |
Source: | ||
| 3/13/2025 | Listed for sale | $175,000$221/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,285 +0.7% | $173,157 -2.5% |
| 2024 | $4,257 +3.5% | $177,566 |
| 2023 | $4,113 +21.5% | $177,566 +34.1% |
| 2022 | $3,385 +69.1% | $132,433 +81.5% |
| 2021 | $2,001 -4.9% | $72,983 -0.7% |
| 2020 | $2,104 +19.4% | $73,505 +30.9% |
| 2018 | $1,762 | $56,175 -4.7% |
| 2017 | $1,762 +27.8% | $58,972 +28% |
| 2016 | $1,379 -3.9% | $46,073 |
| 2015 | $1,434 | $46,073 |
| 2014 | $1,434 | $46,073 |
| 2013 | -- | $46,073 |
| 2011 | -- | $46,073 |
| 2010 | -- | $46,073 |
| 2009 | -- | $46,073 |
| 2008 | -- | $46,073 +14.1% |
| 2007 | -- | $40,371 -13.6% |
| 2006 | -- | $46,706 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 78621
Nearby schools
Schools provided by the listing agent
- Elementary: Booker T Washington
- Middle: Elgin
- High: Elgin
- District: Elgin ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





