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.
Details
MLS #
6246525
Listing Type
For Sale
Style
House
Sub-Type
Resale
Status
Active
Year
1945
Days On Site
326
Listing Provided By
LoKation Real Estate LLC | Connor James
Features
Bed(s)
3
Bath(s)
1 Total
SQ Feet
792
Car Port
Yes
Story(s)
1
Acreage
0.33
Water Front
Yes
Property View
None
Interior
Interior Features
Primary Bedroom on Main
Cooling
See Remarks
Heating
See Remarks
Appliances
See Remarks
Fireplaces Total
0
Window Features
See Remarks
Flooring
See Remarks
Exterior
Exterior Features
See Remarks
Roof
Composition
Foundation Details
Pillar/Post/Pier
Lot Features
Cul-De-Sac, Front Yard, Open Lot, Trees-Medium (20 Ft - 40 Ft)
Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of September 15, 2026 at 9:54:01 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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