This exceptional 3/4-acre lot in Lago Vista, Texas, is perfectly positioned in a community where the population has doubled over the past decade. As Lago Vista continues to flourish, it has become an ideal location for investment, making this property a prime choice. The area's booming residential market and expanding commercial opportunities underscore its promising future. Santa Rita dr was just resurfaced.
Currently zoned C-1, this lot provides an outstanding opportunity for immediate development or serves as a strategic long-term investment. There is also potential for rezoning to R4, subject to city approval, allowing for multi-family residential development and even short-term rental possibilities. The triangle-shaped, level terrain offers significant design flexibility and adaptability for various projects.
With utilities readily accessible at the street, the property is development ready. Whether your vision includes building now, pursuing a rezoning for multi-family use, or holding it for future growth, this lot represents a remarkable investment opportunity in Lago Vista's vibrant and rapidly expanding market.
0.7551 Private Acres Exterior Space
Commercial
$1,375 Annual Tax
MLS/Listing ID 7248615
Listing Courtesy of KELLER WILLIAMS REALTY, VERNON REINHARDT - 832-657-3028
Source of Data: AUSTIN CENTRAL TEXAS REALTY INFORMATION SERVICE