Twice the value in a single lot! This unique and valuable property comes with rare R-2 zoning, allowing for two-family residential use - ideal for those seeking flexible living or investment potential. The extra-deep lot offers dual street access from Cooper Ln in the front and Drapers Cove in the back, opening the door to a variety of development possibilities, especially with the multi-family zoning advantage. What makes this property even more special is its location - only a handful of lots along this specific stretch of Cooper Ln carry R-2 zoning in an area otherwise zoned for single-family homes. The gentle slope of the land makes it highly buildable and will provide scenic Hill Country views once developed. Several highly desirable, large oak trees in the front and back of the property, add natural beauty and shade. Enjoy the laid-back lake lifestyle with access to an abundance of amenities: private boat ramps, a marina, pool, hiking trails, parks, tennis courts, athletic fields, pavilions, and more. Lake Travis is just two minutes away at the private property owners’ Cody Park with a boat ramp, playground and acres of lake access! Whether you're planning your dream home, a second getaway, or a short-term rental, this is a rare chance to build something truly special in a prime lakeside community.
Active
Price cut: $15K (4/24)
$35,000
4005 Cooper Ln, Leander, TX 78645
--beds
--baths
10,384Square Feet
Unimproved Land
Built in ----
10,384 Square Feet Lot
$-- Zestimate®
$--/sqft
$17/mo HOA
What's special
Large oak treesScenic hill country viewsDual street access
- 443 days |
- 15 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Laurie Flood 512-576-1504,
Keller Williams Realty NW
Source: Central Texas MLS,MLS#: 576676
Originating MLS: Williamson County Association of REALTORS
Facts & features
Interior
Video & virtual tour
Property
Features
- Pool features: Community
- Fencing: None
- Has view: Yes
- View description: Lake, Water
- Has water view: Yes
- Water view: Lake,Water
- Body of water: Lake Travis,Water Access
Lot
- Size: 10,384 Square Feet
- Residential vegetation: Heavily Wooded
Details
- Additional structures: None
- Parcel number: 169577
- Zoning description: R-2
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Community
- Features: Clubhouse, Fitness Center, Golf, Park, Airport/Runway, Trails/Paths, Community Pool
- Subdivision: Highland Lake Estates Sec 03
HOA
- Has HOA: Yes
- HOA fee: $200 annually
- HOA name: Lago Vista POA
Location
- Region: Leander
Financial & listing details
- Tax assessed value: $52,846
- Annual tax amount: $1,108
- Date on market: 4/18/2025
- Cumulative days on market: 444 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/24/2026 | Price change | $35,000-30% |
Source: | ||
| 4/18/2025 | Listed for sale | $50,000 |
Source: | ||
| 10/22/2020 | Sold | -- |
Source: Realty Austin solds #5383632_78645 Report a problem | ||
| 4/3/2001 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,108 +8.1% | $52,846 +5.7% |
| 2024 | $1,025 -6.3% | $50,000 -9.1% |
| 2023 | $1,094 -8.5% | $55,000 |
| 2022 | $1,196 | $55,000 +266.7% |
| 2021 | -- | $15,000 +50% |
| 2020 | $248 -1.5% | $10,000 |
| 2019 | $252 -2.7% | $10,000 |
| 2018 | $259 | $10,000 |
| 2017 | $259 +124.5% | $10,000 +35.1% |
| 2015 | $115 | $7,400 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 78645
Nearby schools
GreatSchools rating
- 5/10Lago Vista Elementary SchoolGrades: PK-3Distance: 1.6 mi
- 6/10Lago Vista Middle SchoolGrades: 6-8Distance: 3.4 mi
- 5/10Lago Vista High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Lago Vista Elementary School
- Middle: Lago Vista Middle School
- High: Lago Vista High School
- District: Lago Vista ISD
Source: Central Texas MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Travis County
- Lago Vista
- 78645
- 4005 Cooper Ln







