Posts Tagged ‘lake travis’
Price Reduction! 315 acres of Lake Travis waterfront
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.
New Listing: Lake Travis Acreage
Just a few miles north of Lago Vista, this approx. 24.5 acre Lake Travis waterfront property features gorgeous views of the limestone cliffs along the Cow Creek arm of Lake Travis. A gentle slope leads to the very accessible 650+ ft. of waterfront which features a nice flat area perfect for a lakeside cabana or patio. Terraced land also features a wet weather creek with limestone grotto and rough roads cut to the 1,000 SF home with all utilities. Could be renovated or torn down to build your dream home. No restrictions, ability to subdivide and commercial possibilities with highway frontage.
See the listing or virtual tour for more.
The Falls: 315 Acres on Lake Travis
This stunning piece of property features Lake Travis waterfront and views, with cleared fields and mature trees.
This property includes frontage on two paved, maintained county roads with a hard corner. The land gently slopes to the approx. 3700 feet of waterfront on deep Bee Hollow Cove on the Lake. Many waterfront and lake view build sites sit on the property, that is surrounded by high-end waterfront homes and ranches.
Located in the Lago Vista, water and sewer will be provided by the city. Lago Vista ISD is an exceptional school district, with Lago Vista High School rated as one of the top ten high schools in Central Texas (Austin Monthly). With the completion of the 183A Tollway, this area will not just be attractive to second home buyers from around Texas, but for primary residences as well.
This location would make an excellent personal ranch or land investment. Take your chance to see the listing today.
Lake Travis Levels Rising: Update
Lake Travis has risen even more since our update yesterday; it is now at 645 feet and still rising. You can see up-to-the-minute conditions here.
With Lake Travis up and the creeks flowing again, now is the perfect time to buy. Ranch sales are still down and sellers are extremely motivated to move their property. With the recent rains and forecasts for more rain throughout the coming months, once spring time rolls around and the market really gets going sellers might not be as motivated to sell. There are still great rates and good terms for land deals. Capital Farm Credit is offering 30 year term and 5 year fixed rates at 6.25% with 20% down. Give us a call and we can get you in touch with a loan officer there.
Featured Properties on Lake Travis
Rancho Estacia A luxurious waterfront gentlemen’s ranch on Lake Travis. A 6,694 Sq Ft home, guest cabana, stables and 700 ft of Lake Travis Waterfront make this Mediterranean oasis with Texas ranch comforts.
Rivercliff Frank Lloyd Wright architecture & contemporary interiors create this stunning masterpiece on bluff overlooking Pedernales Arm of Lake Travis. Can be combined with a 32 acre equestrian center and guest home to create your dream ranch.
The Montandon Ranch Looking for deep, Lake Travis waterfront? 171 Acres with 1,800 ft. of Lake Travis waterfront. Paved roads, electricity, 3 wells. One of the Largest Lake Travis Pieces on the Market.
100-459 Acres on Lake Travis Gently sloping terrain to the Lake, high bluffs overlooking the Lake, draws, pecan bottoms, spring fed creeks and pond.
0 Bee Creek Road 46.66 Acre Prime Commercial Corner Near New Lakeway Development – The Highlands. 1,000 ft. of frontage on Bee Creek Cove of Lake Travis. Panoramic Lake and Hill Country Views.
Lake Travis Levels Rising
As a result of the heavy rains last week in the Austin area, the Lake Travis levels have risen six feet. Currently, the lake’s level is just over 642 feet, with more rain already coming today.
It is still, however, 24 feet lower than average, and 39 feet lower than completely full. “El Nino should bring us more rain between now and the spring,” says LCRA Supervisor David Walker, “we’d need ten more floods like this one to do the trick.” The National Oceanic and Atmospheric Administration’s 2009 Winter Outlook and Climate Predictions expect El Nino to dominate weather patterns, bringing a cooler winter and above average precipitation for Texas, by an increase of 40%.
Steiner Shines
The master planned community of Steiner Ranch is exceeding expectations, according to developers and agents, because of its great amenities and the strong reputation of local schools, Texas A&M’s Real Estate Center and the Austin Business Journal report.
In 2009, even with the economic downturn, 143 homes were sold in Steiner Ranch at the end of August. Compared to 164 homes by that time in 2008, just a 13% drop. Compared to the 35% drop the Central Texas area saw, particularly early in 2009, the Steiner Ranch development is going faster than planned. The median sale price for a home in Steiner reached $350,000 this year, also a significantly stronger performance than the rest of the area.
Currently in development for Steiner Ranch is Longhorn Village, a retirement community with assisted living services aiming to give University of Texas alumni a chance to reconnect with the University life.
Steiner Ranch, located northwest of the city on RR 620, is near both Lake Travis and Austin. To read more about our featured property on Eagles Glen and some more amenities Steiner has to offer, see here.
Lake Travis
Away from the busyness of downtown Austin is Lake Travis. While still being a short drive to the things you love about Austin, Lake Travis has a whole set of recreational activities, dining, and getaways of its own.
Lake Travis was created with the building of Mansfield Dam from 1937-1941, named after the Texas Congressman of 32 years. The dam was built and is maintained with money it makes from its sales of water and electricity. Currently, Lake Travis is Central Texas’ favorite spot for water recreation including boating, fishing, and even scuba diving, as well as hosting state parks, golf courses and many residential communities.
A great resource for exploring Lake Travis is available at www.laketravis.com. Here you can find any accommodations you need and get links to any dining or recreation. Try the Oasis Restaurant, “the Sunset Capital of Texas,” with its covered outdoor dining and stunning lake views. Spicewood Vineyards has wine tasting and tours. You can find the latest weather and information about weekly community or charity events.
If you love Lake Travis, you can see available lots for your business, ranch or home here. The Dave Murray Team is a full service real estate team serving all your needs from first time buyers to relocation. We are experts in Central Texas Waterfront, Development, Luxury and Ranch properties. These properties and more can be seen on our website, www.DMTX.com.












