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$1,200,000
Est. payment /mo
1.88 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Travis Plaza
MLS Listing ID 1852950
Annual Tax Amount $1,821
Lot Size 1.880 Acres
Property Sub-Type Land
Property Description
This nearly 2-acre lot in Lago Vista, TX, offers stunning Lake Travis views and is zoned R-4 for multi-family residential development. With all utilities in place and adjacent to an established condominium community, this property is a prime opportunity for investors and developers in one of Austin's fastest-growing areas. Featuring gentle topography, the lot is ideal for development while preserving picturesque lake views. Mature trees and open buildable space create a scenic setting for future residential projects. All utilities are in place, reducing development costs. Zoned R-4, the property allows for various multi-family residential options up to 35 ft./ 3 stories. Its location next to an existing condominium community ensures strong market demand and seamless integration for new construction. Just 35 minutes from downtown Austin, the property offers easy commuter access while maintaining a peaceful, suburban atmosphere. It's 1.2 miles from Lago Vista High and Elementary Schools, making it ideal for families. The area's proximity to Lake Travis provides premier outdoor recreation, boating, and fishing. Nearby shopping, dining, and entertainment further enhance the appeal of this rapidly growing community. Lago Vista is sought after for its lake lifestyle, golf courses, and scenic beauty, attracting both developers and future residents. The area's growth and increasing demand for multi-family housing make this lot a valuable investment. With strong investment potential, this lot is perfect for developing residential communities, condominiums, or townhomes. Its ideal location, existing infrastructure, and breathtaking Lake Travis views make it a standout opportunity in the Austin metro area.
Location
State TX
County Travis
Area 3100
Zoning R-4
Exterior
Utilities Available Water System, Natural Gas, Electric, Telephone, Sewer System
Schools
Elementary Schools Lago Vista
Middle Schools Lago Vista
High Schools Lago Vista
School District Lago Vista
Others
Acceptable Financing Conventional, Cash, Investors OK, Other
Listing Terms Conventional, Cash, Investors OK, Other
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Listed by Stieler Harris • TX Real Estate Team LLC • (512) 346-0000