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… Read More 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. Read Less
Property listed by LoKation Real Estate, LLC 512-792-4703 (512) 792-4703
Listing Snapshot
Days Online
236
Last Updated
Property Type
SingleFamilyResidence
Beds
3
Full Baths
1
Square Ft.
792
Lot Size
0.33 Acres
Year Built
1945
MLS Number
6246525
(Source: Home Junction)
Additional Details
Building
Built in 1945, Stories: 1, 792 sqft living area, One
Fence
Fenced
Foundation
Pillar Post Pier
Interior Features
Main Level Primary
Laundry
Inside
Lot
0.3306 acres, Area: 0.3306, Cul De Sac, Front Yard, Open Lot, Trees Medium Size
Parking
Attached Carport
Property
Resale
Roof
Composition
Sewer
Municipal Utility District
Taxes
Annual Amount: $4,151, Year: 2025
Buyers
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theemerygrouprealestate.com
June 17, 2026
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