102 Masonic DR, Elgin TX 78621
Elgin, TX 78621 · Masonic
Single Family Residence for sale in Masonic
Overview
Property Description
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.
Financial Info
- Price
- $115,000
- $ / Sqft
- $145
- HOA
- None
- Tax Rate
- 2.3974%
- Est. Taxes
- $4,151.35
- Tax Year
- 2025
- Exemptions
- Homestead
Legal Info
- Address
- 102 Masonic DR
- County
- Bastrop
- City
- Elgin
- State
- TX
- Zip
- 78621
- Subdivision
- Masonic
- Legal Description
- MASONIC, LOT 4 & 5
- Parcel
- 12046
Interior Features
- Floor
- See Remarks
- Num Living
- 1
- Dining
- 1
- Appliances
- See Remarks
- Laundry
- Inside
- Master Bed
- Primary Bedroom on Main
- Master Main
- Yes
- Interior Features
- Primary Bedroom on Main, None, See Remarks
General Info
- Beds
- 3 Total / 3 Main Level
- Full / Half Baths
- 1 / 0
- Prop Type
- Residential
- Property Type
- Single Family Residence
- Stories
- 1
- Year Built
- 1945 / Resale
- Square Feet
- 792 / Public Records
- Garage Desc
- Attached Carport
- Foundation
- Pillar/Post/Pier
- Roof
- Composition
- Construction
- None
- Acres
- 0.33
- Lot Description
- Cul-De-Sac, Front Yard, Open Lot, Trees-Medium (20 Ft - 40 Ft)
- Restrictions
- See Remarks
- Flood Plain
- No
- View
- None
- Water Access
- No
- Waterfront
- No
- Area
- EL
Utility Info
- Water
- Municipal Utility District (MUD)
- Sewer
- Municipal Utility District (MUD)
- Utilities
- See Remarks
- Heat
- See Remarks
- A C
- Other
Exterior Features
- Fence
- Fenced
- Exterior Features
- See Remarks, Front Porch
- Pool On Property
- No
- Area Amenities
- None
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Oct 20, 2026 | Pending | — | |
| Jul 12, 2026 | Price Decrease | $115,000−$20,000 (−14.8%) | −$20,000 (−14.8%) |
| Mar 10, 2026 | Price Decrease | $135,000−$5,000 (−3.6%) | −$5,000 (−3.6%) |
| Oct 24, 2025 | New Listing | — |
Taxes
- Owner
- MCNEIL, SHERRY & BRUCE
- Legal
- MASONIC, LOT 4 & 5
- Geo ID
- 12046
- Acreage
- 0.33
- Exemption Type
- None on record
- T1
- BASTROP COUNTY
- T2
- ELGIN ISD
- T3
- CITY OF ELGIN
- T4
- BASTROP-TRAVIS COUNTIES EMERGENCY SERVICES DISTRICT NO. 1
- T5
- AUSTIN COMMUNITY COLLEGE
- T6
- BASTROP COUNTY EMERGENCY SVC DIST #3
- T7
- COUNTY ROAD FM
- MLS estimated annual taxes
- $4,151.35
- MLS tax year
- 2025
- CAD estimated taxes
- $4,035.53
- CAD source year
- 2026
| Year | Land | Improvements | Market | Appraised | Assessed |
|---|---|---|---|---|---|
| 2026 | $120,248 | $36,484 | $156,732 | $156,732 | $156,732 |
| Capped | Taxable | Assessed | Land HS | Imp HS | CAD Est. Tax | Taxing Unit |
|---|---|---|---|---|---|---|
| $156,732 | $156,732 | — | — | — | $549.33 | BASTROP COUNTY |
| $156,732 | $156,732 | — | — | — | $1,917.46 | ELGIN ISD |
| $156,732 | $156,732 | — | — | — | $970.64 | CITY OF ELGIN |
| $156,732 | $156,732 | — | — | — | $156.73 | BASTROP-TRAVIS COUNTIES EMERGENCY SERVICES DISTRICT NO. 1 |
| $156,732 | $156,732 | — | — | — | $162.06 | AUSTIN COMMUNITY COLLEGE |
| $156,732 | $156,732 | — | — | — | $156.73 | BASTROP COUNTY EMERGENCY SVC DIST #3 |
| $156,732 | $156,732 | — | — | — | $122.58 | COUNTY ROAD FM |
Source: Bastrop County
Schools
School Info
- District
- Elgin ISD
- Elementary
- Booker T Washington
- Middle
- Elgin
- High
- Elgin
Maps
Financing
Your preferences
- 20% down
- Conv/Jumbo
- 30 years
- 6.50% rate
Saved on this device
Estimated monthly payment
$1,024 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $1,024
- Principal & interest
- $582
- Property taxes
- $346
- Homeowners insurance
- $96
*PITI only
These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal vs interest |
|---|---|---|---|---|---|
| 1 | $92,000 | $1,028 | $5,950 | $90,972 | |
| 2 | $90,972 | $1,097 | $5,881 | $89,875 | |
| 3 | $89,875 | $1,171 | $5,807 | $88,704 | |
| 4 | $88,704 | $1,249 | $5,729 | $87,455 | |
| 5 | $87,455 | $1,333 | $5,645 | $86,122 | |
| 6 | $86,122 | $1,422 | $5,556 | $84,700 | |
| 7 | $84,700 | $1,517 | $5,461 | $83,183 | |
| 8 | $83,183 | $1,619 | $5,359 | $81,564 | |
| 9 | $81,564 | $1,727 | $5,251 | $79,837 | |
| 10 | $79,837 | $1,843 | $5,135 | $77,994 |
- Year 1$90,972
- Principal paid
- $1,028
- Interest paid
- $5,950
- Starting balance
- $92,000
- Year 2$89,875
- Principal paid
- $1,097
- Interest paid
- $5,881
- Starting balance
- $90,972
- Year 3$88,704
- Principal paid
- $1,171
- Interest paid
- $5,807
- Starting balance
- $89,875
- Year 4$87,455
- Principal paid
- $1,249
- Interest paid
- $5,729
- Starting balance
- $88,704
- Year 5$86,122
- Principal paid
- $1,333
- Interest paid
- $5,645
- Starting balance
- $87,455
- Year 6$84,700
- Principal paid
- $1,422
- Interest paid
- $5,556
- Starting balance
- $86,122
- Year 7$83,183
- Principal paid
- $1,517
- Interest paid
- $5,461
- Starting balance
- $84,700
- Year 8$81,564
- Principal paid
- $1,619
- Interest paid
- $5,359
- Starting balance
- $83,183
- Year 9$79,837
- Principal paid
- $1,727
- Interest paid
- $5,251
- Starting balance
- $81,564
- Year 10$77,994
- Principal paid
- $1,843
- Interest paid
- $5,135
- Starting balance
- $79,837
Nearby
12 closest listings to 102 Masonic DR, Elgin TX 78621 (within 2 miles).
Courtesy of Rapid Realty LLC · (469) 645-1011
Listings courtesy of ACTRIS as distributed by MLS GRID.