About This Home
RARE 1+ ACRE OPPORTUNITY IN THE HEART OF LAKEWAY WITH INCREDIBLE FLEXIBILITY AND HILL COUNTRY VIEWS! Located in one of the most desirable areas near Lake Travis, this unique property offers dual zoning for both residential and commercial use, creating endless possibilities for homeowners, investors, developers, or business owners.
The expansive lot provides ample space for a custom home, office space, boutique commercial use, warehouse development, or a mixed-use live/work concept. With over an acre in a prime Lakeway location, opportunities like this are becoming increasingly rare.
The property currently features an existing manufactured home along with an RV pad equipped with hookups, offering immediate functionality for residential living, office use, rental income, or interim operations while planning future development.
Enjoy beautiful Texas Hill Country views while being just minutes from Lake Travis marinas, shopping, dining, entertainment, schools, and major commuter routes. The combination of location, usable land, dual-use zoning, and development potential makes this property truly stand out.
Whether you are looking to build, invest, operate a business, create a live/work setup, or hold valuable land in a rapidly growing area, this property offers exceptional versatility and long-term potential in the heart of Lakeway.
At $388/sqft, this home is priced in line with the Austin market average of $393/sqft across 4,588 active listings. View Austin market report →
Property Details
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Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.
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