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Keenan Group#1 Austin Board of Realtors Team 2024
102 Masonic DR, photo 1 of 12, Elgin, Elgin, TX
Pending

$115,000

3Beds
1Baths
792Sq Ft
0.33 acresLot
Pending

102 Masonic Dr, Elgin, TX 78621

Reduced 18%$140,000
Elgin·MLS# 6246525·Built 1945

3 bed, 1 bath, 792 sqft on 0.33 acres in Elgin. Elgin, TX 78621. $115,000. Elgin ISD.

About This Home

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.

Property Type
Residential
Year Built
1945
Lot Size
0.33 acres
Price / Sq Ft
$145

Listing information last updated October 20, 2026.

Listed by Rapid Realty LLC

MLS# 6246525 • Pending

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Generous 0.33-acre lot
Primary Bedroom on Main
Cul-De-Sac
Front Yard
Open Lot
Trees-Medium (20 Ft - 40 Ft)

Facts & Features

Interior

Features

  • Primary Bedroom on Main
Exterior & Lot

Lot Features

  • Cul-De-Sac
  • Front Yard
  • Open Lot
  • Trees-Medium (20 Ft - 40 Ft)

Fencing

  • Fenced

Foundation

  • Pillar
  • Post
  • Pier

Patio / Porch

  • Front Porch
Roof
Composition
Lot Size
0.33 Acres

Parking

  • Attached Carport
Financial
Original List Price
$140,000
Price per Sq Ft
$145
Utilities
Water Source
MUD
Sewer
MUD

Transaction History

2 records on file

Every recorded listing, sale, and lease at 102 Masonic DR, whoever represented it.

  1. PendingListed 2025
    Current price: $115,000Original list: $140,000MLS 6246525
    1. Price changed · March 10, 2026$135,000
    2. Price changed · July 12, 2026$115,000
  2. ActiveListed 2025
    Current price: $115,000Original list: $140,000MLS 4835630
    1. Price changed · March 10, 2026$135,000
    2. Price changed · July 12, 2026$115,000

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

Price & Listing History

Pending with current price, original ask, and market time.

View Timeline
Current list
$115,000
Original list
$140,000
Price movement
$25K reduction
Listed / DOM
Oct 24, 2025 · 361 days
Map showing 102 Masonic DR
102 Masonic DR
Directions

Zoned Schools

Elgin ISD

1 High School1 Middle School1 Elementary School

Elgin

High SchoolGrades 9-12Zoned assignment

Elgin

Middle SchoolGrades 6-8Zoned assignment

Booker T Washington

ElementaryGrades K-5Zoned assignment

Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.

Principal & interest
$637

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

20% ($23K)

Adjustable assumption - not a lending recommendation.

$115,000

Loan: $92K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

A sourced read on Elgin pricing, timing, and property scale. No automated valuation claim.

List price

$115,000

Price per sqft

$145/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

361 days

Original to current

$25K reduction

$140K original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 20, 2026.

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Homes sold by Keenan Group.

Verified property facts

Frequently Asked Questions

How much is 102 Masonic Dr?

102 Masonic Dr is listed at $115,000 with 3 bedrooms, 1 full bathrooms, 792 square feet, 0.33-acre lot.

What school district is 102 Masonic Dr in?

102 Masonic Dr is zoned for Elgin ISD with assigned schools: Booker T Washington (elementary), Elgin (middle), Elgin (high). School assignments should be verified directly with the district.

What are the property details for 102 Masonic Dr?

102 Masonic Dr is a Residential built in 1945 featuring 3 bedrooms, 1 full bathrooms, 792 square feet, 0.33-acre lot.

What are the property taxes for 102 Masonic Dr?

The most recent annual property tax for 102 Masonic Dr is $4,151. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.

How should a buyer estimate the monthly payment for 102 Masonic Dr?

This page does not assume a mortgage rate or publish a monthly payment for 102 Masonic Dr. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 102 Masonic Dr compare with other homes in Elgin?

As of Oct 20, 2026, 102 Masonic Dr is offered at $115,000. The current MLS snapshot shows 299 active listings in 78621. Keenan Group has completed 1 verified transactions in 78621 within its 1,000+ completed transactions and $1B+ career volume across Austin.

When was 102 Masonic Dr built?

102 Masonic Dr was built in 1945 (81 years ago). Buyers should budget for potential updates to major systems.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Elgin

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

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Based on information submitted to MLS GRID as of 10/20/2026, 4:10:25 PM. 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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Last updated: 10/20/2026, 4:10:25 PM

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