109 Acres in Lago Vista, TX - $5,500,000
With approximately ¾ of a mile of Lake Travis frontage ¿ often quoted as one of the most beautiful lakes in Texas ¿ these 109 acres offer the opportunity to own one of the most unique private estates in the Austin area. An incredible investment opportunity which has seen 15% annual appreciation over the past 5 years, these 109 acres are also unrestricted. With waterfront property becoming more scarce throughout the country, it¿s good to know you can easily divide this acreage into 6-8 large waterfront estate tracts and make a $2 Million+ profit.
Size: 109 +/- Acres
Location & Access: Fronts on paved, private Muleshoe Bend Trail. 15 min. from city of Lago Vista, 15 min. from Marble Falls
Land Description: Gentle rolling hills, nice grassy pastures with big oaks. Panoramic views of Hill Country and Lake Travis throughout property. Ideal horse ranch, vineyard, lake estate or developmen...
Land Description: Gentle rolling hills, nice grassy pastures with big oaks. Panoramic views of Hill Country and Lake Travis throughout property. Ideal horse ranch, vineyard, lake estate or development property. Surrounded by large acreage tracts. Suggested site plan of 41 2+ acre lots available.
Home Description: 3,050 SF Stucco and Stone Home with 5 bedrooms, 3.5 baths. Saltillo tile flooring on main level. Galley-type kitchen with all appliances. Two-story great room with 2 fireplaces, dining area. Master Suite with full bath and walk-in closet. 2nd floor loft family room. Big covered patio looking out to lake and Hill Country.
Improvements: Electronically Controlled Gate, Fenced, Cross-Fenced, Septic, Well
School District: Marble Falls I.S.D.
Taxes: Property is agricultural exempt with annual property tax bill of approximately $2,430
Utilities: Pedernales Electric, Marble Falls Phones, Private Well and Septic System
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