18306 Austin Lago Vista TX 78645

$499,000

Property Description

Excellent opportunity to live on a deep cove with incredible views, lake access with a private dock, and light restrictions. $250K is in a co-development fund for the 2-unit community and will go towards a floating boat dock, driveway and utilities for both units. Each unit has approximately 1 acre of the original 2.25-acre parcel and 50% interest in the general common elements. The common area will run along the eastern boundary and will include a driveway and farther down a walking path to a 2-boat slip dock, allowed by a recreational easement in place. Each unit will have access to one of the boat slips. Buyer will be responsible for the cost of septic and utilities on their unit.

This community has very reasonable rules to protect the value of each unit. Land has been partially cleared with numerous oaks still on the property. Conditioned living space capped at 3,000 sqft per unit, and the lower unit has a height restriction to protect the beautiful lake views of Unit 3A.

Property Details

  • Price: $499,000
  • Acres: 1
  • MLS #: 9007899
  • County: Travis
  • City: Lago Vista
  • State: TX
  • Zip: 78645
  • Status: Active
  • Type: Land, Waterfront Property

Property Map / Directions

Head south on Lohman Ford Rd, left onto Shoreline Ranch Dr, right on Austin Blvd, left on the unnamed private road just before Travis Dr, quarter-mile down on the right. Multiple lots have 18306 Austin Blvd as address. The Lago Vista Condominiums property is toward the end of private road on the right, look for sign.

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