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5803 Circulo Drive, Lago Vista, TX 78645
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$999,999
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Home Details for 5803 Circulo Drive
Price
$999,999
Type
Commercial/Industrial
Year Build
2025
Lot Size
1.88
County
Travis
MLS®️ Listing#
20870320
On exitrealty.com
255 days
Property Description
This nearly 2-acre lot in Lago Vista, TX, offers stunning Lake Travis views and is zoned R-4 for multi-family development. With all utilities in place and adjacency to a condominium community, it’s a prime opportunity for investors and developers in a growing Austin-area market.
Landscape & Improvements
Gentle topography allows for easy development while preserving lake views. The lot features mature trees and open buildable space. All utilities are in place, reducing costs. Zoned R-4, it supports various multi-family options up to 35 ft. or 3 stories, with strong demand from neighboring developments.
Location
Just 35 minutes from downtown Austin, the property offers commuter convenience with a suburban feel. It’s 1.2 miles from Lago Vista schools and close to Lake Travis for premier outdoor recreation. Nearby shopping, dining, and entertainment add to the area’s appeal.
Investment Potential
Lago Vista’s lake lifestyle, golf courses, and scenic beauty attract both developers and future residents. With rising demand for multi-family housing, this lot is a prime opportunity for residential communities, condominiums, or townhomes.
- Utilities
- Electricity Available
- Natural Gas Available
Listing Courtesy: TX Real Estate Team LLC - 512-346-0000. Presented by: Stieler Harris
Last Updated: 2025-05-08 09:02:59
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Market statistics compiled from data from Dallas MLS - N.T.R.E.I.S..
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