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1900 American Dr - Lago Vista

59.43 Acres of Commercial Land Offered at $9,319,375 CAD in Lago Vista, TX 78645

Investment Highlights

  • Desirable Lake Travis location
  • PD Zoning
  • Approved plan

Executive Summary

Prime investment opportunity. Shovel ready development opportunity.

Attachments

Lago Vista OM

Property Facts Under Contract

Price $9,319,375 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units - Condo
  • Marina
  • Planned Unit Development
Total Lot Size 59.43 AC

1 Lot Available

Lot

Price $9,319,375 CAD
Price Per AC $156,812.64 CAD
Lot Size 59.43 AC

59.43 acres on Lake Travis, 30 mins from downtown Austin.

Description

59.43 acres on Lake Travis, 30 mins from downtown Austin. Approved for 221 multi-family units, 9 buildings, 2-4 floors each, 5-7 units per floor all overlooking the water. Average of 1,400 SF per unit, 450 covered parking spaces, 10,000 SF of amenity buildings, recreation area, 96 boat slip marina. Private beach, on-shore restaurant, and more.

zoning

Zoning Code PD (Planned development.)
PD (Planned development.)
  • Listing ID: 31231391

  • Date on Market: 2023-06-21

  • Last Updated:

  • Address: 1900 American Dr, Lago Vista, TX 78645

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