Develop Austin Texas

Located in the Lago Vista peninsula, these 315 acres feature Lake Travis waterfront, lake views and cleared fields with frontage on 2 paved county maintained roads with a hard corner.  There is about 3,000 ft. of very deep cove frontage on Lake Travis – the cove is about 70 ft. deep from the 680 ft. shoreline.  The land gently slopes to the waterfront making it very accessible along most of the shoreline.  The land is mostly cleared of cedars and junk brush to reveal nice vistas and fields of native grasses.  It’s currently ag exempt keeping holding costs low.

Known as The Falls, this land is fully entitled and platted for development through the City of Lago Vista.  The 520 lot plan includes large waterfront tracts, condo units, marina plan and production builder lots.  Water and wastewater are available though the City of Lago Vista but must be brought onto the property.  Commercial potential with excellent road frontage on both Lohman Ford Rd. and Sylvester Ford Rd. with a hard corner at the intersection.

This property is appraised at over $8,800,000.  We recently reduced the asking price to $6,500,000 or $20,635 per acre.  Other developments in the area are priced at $30,000+ per acre.  Visit our web site for more information about this property.