MLS# 1849443 – 5803 Circulo Dr, Lago Vista, TX 78645

Price: $1,200,000
Status: New
Property Type: Commercial Land
Days on Website: 2

Courtesy of TX Real Estate Team LLC, Stieler Harris (512) 346-0000

Property Description

Brief Overview 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. Landscape 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. Improvements 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. Location 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. Additional Highlights 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. Summary 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.

Open House

 
MON 17 Mar
 
TUE 18 Mar
 
WED 19 Mar

Property Details and Features

  • Listing
  • Listing date: 2025-03-13 05:00:00
  • 1 day on market
  • 1 cumulative day on market
  • For sale/rent: For Sale
  • $638,298 per acre
  • $0 per square foot
  • Location
  • Area: 3100
  • Property Access
  • Paved
  • Building
  • Vacant
  • Lot
  • 1.88 acres
  • Property
  • Zoning: R-4
  • 0 land square feet
  • Agricultural?: No
  • None
  • None
  • Taxes
  • Total tax: $0
  • City tax: $0
  • County tax: $0
  • School tax: $0
  • Property tax ID: TX
  • Other tax: $0
  • Utilities
  • Electricity
  • Natural Gas
  • Miscellaneous
  • No

Property Map

Property Marker

Nearby Schools

Rating Schools Grades Distance
B-
Lago Vista Elementary School
Students 411
Student/Teach 14:1
Charter No
Title I Yes
Expenditure N/A
EE - 3 0.64 mi
C+
Lago Vista Intermediate School
Students 226
Student/Teach 16:1
Charter No
Title I Yes
Expenditure N/A
4 - 5 1.93 mi
A-
Lago Vista Middle School
Students 428
Student/Teach 15:1
Charter No
Title I No
Expenditure N/A
6 - 8 1.99 mi
C+
Lago Vista High School
Students 560
Student/Teach 17:1
Charter No
Title I No
Expenditure N/A
9 - 12 1.26 mi

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