$1,200,000

5803 Circulo, Lago Vista, TX 78645

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon1.88acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 months ago

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.

Listing Status:
Active
Date Added:
March 26, 2025 at 05:00AM
Listing Office:
TX Real Estate Team LLC : (512) 346-0000
Listing Agent:
Stieler Harris : (512) 346-0000
MLS ID:
1852950
  • Improvements: Other

This listing courtesy of Stieler Harris, TX Real Estate Team LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lago Vista Elementary School

20311 Dawn Dr, Lago Vista, TX, 78645

Grades EE-3

0.64 miles away

L

Lago Vista Middle School

20801 FM 1431, Lago Vista, TX, 78645

Grades 6-8

1.99 miles away

L

Lago Vista High School

5185 Lohmans Ford Rd, Lago Vista, TX, 78645

Grades 9-12

1.26 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.