Mixed-Use Land for Sale in Lago Vista, Texas

5803 Circulo Dr Lago Vista, TX 78645

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$1,200,000
1.88 acres
Active
agoEst $10,231/mo

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.

Location

Street Address
5803 Circulo Dr
Elevation
915 feet
Coordinates
30.4548, -97.9932

Property details

MLS Number
NTREIS 20870320
Date Posted

Parcels

  • 178961

Resources

This 1.88-acre property is located at 5803 Circulo Dr in Lago Vista, TX 78645. The property is currently available for sale for $1,200,000 with a price per acre of $638,298. Listing data is sourced from North Texas Real Estate Information Systems # 20870320.

Verify sale details at the property source or contact TX Real Estate Team at (972) 739-6033.

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Checked 1 hour ago. Updated . Parcel data by Regrid.

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