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.
Active
$2,995,000
305 Lago Verde Dr, Austin, TX 78734
0beds
0baths
0.75Acres
Unimproved Land
Built in ----
0.75 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Exceptional waterfront propertyPremier lakefront lotImmediate water accessPrime lake austin homesitePrivate lake austin enclave
- 271 days
- 121
- 3
Zillow last checked:
Listing updated:
Listed by:
Kirk Lewis (512) 422-2495,
Kuper Sotheby's Int'l Realty (512) 831-6577
Source: Unlock MLS,MLS#: 2472067
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Video & virtual tour
Property
Features
- Has view: Yes
- View description: Hill Country, Lake, Trees/Woods, Water
- Has water view: Yes
- Water view: Lake,Water
- Waterfront features: Waterfront
- Body of water: Lake Austin
Lot
- Size: 0.75 Acres
- Features: Cleared, Few Trees, Level, Open Lot, Views
Details
- Additional structures: None
- Parcel number: 01375503250000
- Special conditions: Standard
Utilities & green energy
- Sewer: Septic Needed
- Water: Well
- Utilities for property: See Remarks
Community & HOA
Community
- Features: See Remarks
- Subdivision: Rio Vista Add
HOA
- Has HOA: No
Location
- Region: Austin
Financial & listing details
- Tax assessed value: $1,477,280
- Annual tax amount: $34,111
- Date on market: 12/26/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 12/26/2025 | Listed for sale | $2,995,000 |
Source: Kuper Sotheby's International Realty #2472067 Report a problem | ||
| 12/1/2025 | Listing removed | $2,995,000 |
Source: | ||
| 2/8/2024 | Listed for sale | $2,995,000-11.9% |
Source: | ||
| 9/28/2023 | Listing removed | -- |
Source: | ||
| 4/29/2023 | Listed for sale | $3,400,000-2.9% |
Source: | ||
| 7/1/2022 | Listing removed | -- |
Source: | ||
| 12/3/2021 | Listed for sale | $3,500,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $33,260 +3.1% | $1,477,280 |
| 2024 | $32,271 +2.2% | $1,477,280 -1.4% |
| 2023 | $31,562 -7.5% | $1,498,000 |
| 2022 | $34,111 | $1,498,000 +33.3% |
| 2021 | -- | $1,123,500 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 78734
Nearby schools
Schools provided by the listing agent
- Elementary: Lakeway
- Middle: Hudson Bend
- High: Lake Travis
- District: Lake Travis ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






