$1,245,000

About this home

Two distinct residential structures. Two attached ADUs. Four private residences. Four Endless Lake Views! Rare opportunity to own a remarkable 1.99-acre Lake Travis estate in the heart of the Texas Hill Country. Spanning six deeded tracts with panoramic south-facing lake views and deeded beach access just minutes away, this unique property offers exceptional flexibility with MULTI DWELLINGS for multigenerational living or investment. Three fenced tracts feature two buildings with four private residences, each with its own entrance, bedroom(s), bathroom(s), kitchen, and living area. The original single-story home was expanded in 1996 to include a three-story townhome-style apartment with a private entrance and lake-view balcony. In 2010, a spacious 1,580 sq. ft. apartment with balcony was added above the oversized garage and a 770 sq. ft. apartment, updated in 2022, creating over 4,700 sq. ft. of combined living space. Additional amenities include three outbuildings (8’ x 8’ garden shed, 12’ x 9’ Morgan Building, and a 12’ x 19’ workshop), four covered carport spaces, including one with 12-foot RV clearance, and abundant circular driveway parking. The remaining tracts have two RV sites with water and electric hookups and a small barn and shelter, previously used for bees, chickens, and horses. Towering oaks, pecan and fruit trees, cedars, and vibrant landscaping create a peaceful, private setting. The tracts were combined for tax purposes but may be sold separately. A private well and community water serve the property. The grandfathered OSSF requires replacement upon transfer, and the seller has completed extensive research on replacement options, with documentation available to help buyers bring their vision to life.

Description provided by the listing brokerage.

Facts

Property type

Residential · Single Family Residence

Year built

1959

Lot size

1.99 acres

Living area

4,733 sq ft

Price per sq ft

$263

Bathrooms

6 full, 0 half

Garage

1 spaces

Annual taxes

$5,674

County

Travis

Neighborhood

Drapers Estate

School district

Lago Vista ISD

Schools

Lago Vista · Lago Vista · Lago Vista

Features

Roof

Composition

View

Hill Country, Lake, Panoramic

Sewer

Shared Septic, Septic Tank

Levels

Three Or More

Cooling

Ceiling Fan(s), Heat Pump, Wall/Window Unit(s)

Fencing

Chain Link

Heating

Heat Pump

Flooring

Bamboo, Carpet, Laminate, Vinyl

Utilities

Cable Connected, Electricity Connected, Water Connected

Appliances

Dishwasher, Microwave, Free-Standing Electric Range, Free-Standing Refrigerator

Lot

Gentle Sloping, Public Maintained Road, Trees-Large (Over 40 Ft), Views

Water

Private

Pool

None

Horse amenities

None

Windows

None

Parking

Carport

Exterior

Balcony, Uncovered Courtyard, Private Yard

Interior

Ceiling Fan(s), Open Floorplan, Primary Bedroom on Main

Community

Lake

Fireplace

Electric, Family Room, Wood Burning

Foundation

Slab

Waterfront

None

Energy efficiency

None

Accessibility

None

Construction

Frame

Patio & porch

Covered, Deck

Location