For Sale
$6,500,000

1900 American DrLago Vista, TX 78645

60 Acres, Lake Travis Waterfront, Huge Potential

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 60-acre property, situated on a private peninsula on Deep Water Lake Travis in Lago Vista, Texas (zip code 78645, address 1900 American Dr, Travis County), presents a unique investment opportunity. Currently priced at $6,500,000, this land offers significant development potential, having recently received entitlements for a substantial mixed-use project. Plans allow for up to 225 residential units, available for sale or long-term rent, totaling 250,000 square feet of residential space. An additional 50,000 square feet is approved for commercial use or neighborhood services, bringing the total approved square footage to 300,000. The property's prime location boasts a private beach and park, enhancing its appeal for a resort-style development. Furthermore, entitlements include the possibility of constructing a marina with up to 50 boat slips. Detailed site plans and environmental studies are available upon request. This is a rare chance to acquire a large-scale development site on the highly desirable Lake Travis, offering a blend of residential and commercial opportunities with stunning waterfront access. The property's location at 30.4163 latitude and -98.014839 longitude ensures easy access and high visibility. This is an unparalleled opportunity for a developer seeking a prime location with significant upside potential.

Highlights

  • 60-acre waterfront development site on Deep Water Lake Travis in Lago Vista, TX (78645).
  • Priced at $6,500,000.
  • Entitled for a mixed-use project with 225 residential units (250,000 sq ft) and 50,000 sq ft of commercial space.
  • Includes private beach and park.
  • Potential for a 50-slip marina.

Property Details for 1900 American Dr

Property type
Land

Location Insight

City
Lago Vista
County
Travis
State
Texas
Latitude
30.4163
Longitude
-98.014839
1900 American Dr, Lago Vista, Texas

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1900 American Dr
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