$2,995,000
 $16,078 est/mo Sourced by Back At You

305 Lago Verde Dr,Austin, TX 78734

Austin, TX 78734

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Description

Located in a private Lake Austin enclave undergoing a remarkable transformation, this exceptional waterfront property presents a rare opportunity to secure a premier lakefront lot surrounded by multi-million-dollar new construction. Several neighboring homes have already been redeveloped, with additional properties trading quietly off-market, making opportunities like this increasingly scarce. Offered as a true diamond in the rough, the property is ideally suited for redevelopment or customization, allowing buyers to create a bespoke Lake Austin estate in an area experiencing significant appreciation. A standout feature is the existing boat dock measuring over 35 feet wide, a valuable asset on Lake Austin. Adding to the property’s long-term appeal, the opposite shoreline is designated preservation land, ensuring enduring privacy, protected views, and a tranquil setting that is increasingly difficult to replicate. An outstanding opportunity for buyers seeking a prime Lake Austin homesite with immediate water access, long-term upside, and the rare combination of privacy, natural beauty, and location.

Details

MLS #2472067
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site245
Listing Provided ByKuper Sotheby's Int'l Realty | Kirk Lewis

Features

Acreage0.75
Water FrontYes
Property ViewHill Country, Lake, Trees, Woods,

Exterior

Lot FeaturesCleared, Few Trees, Level, Open Lot, Views

Utilities

UtilitiesSee Remarks
SewerSeptic Needed

Other

List AorAustin Board Of Realtors

Taxes

Property34111

Area Information

StateTX
CountyTravis
CityAustin
Zip Code78734
AreaLS
Community NameRio Vista Add
School DistrictLake Travis ISD
Elementary SchoolLakeway
High SchoolLake Travis
Listing VS Median (in Rio Vista Add)
Price:
$2,995,000
low | high
Med:
$0
On site:
245
low | high
Med:
Sourced by Back At You

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 Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of August 28, 2026 at 2:12:14 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateTX
CountyTravis
CityAustin
Zip Code78734
AreaLS
Community NameRio Vista Add
School DistrictLake Travis ISD
Elementary SchoolLakeway
High SchoolLake Travis
Listing VS Median (in Rio Vista Add)
Price:
$2,995,000
low | high
Med:
$0
On site:
245
low | high
Med:
Sourced by Back At You
Listing Updated: August 19, 2026 at 10:07:00 AM PDT