Welcome to 4205 Park Dr. in Lago Vista — a rare 4.3-acre waterfront opportunity priced below Travis County’s appraised value and ready for its next chapter. Set on an expansive lakeside lot, this 4-bedroom, 2 full bath, 2 half bath home is being sold as-is and is perfect for a buyer with vision. The property is ready for thoughtful updates to bring its full potential to life. Recent improvements already completed include $20,000 worth of new flooring, new faucets, fresh interior paint throughout, new light fixtures (excluding fan fixtures), new LED ballasts, a new smart key system, a new Ring doorbell, a stainless steel refrigerator, and a stainless steel stove — giving future owners a valuable head start on renovations. With several spacious living and entertaining areas, the home offers a strong foundation for a stunning reimagined retreat. The generous layout includes a large garage plus a dedicated workshop/boat storage space, making it ideal for lake living and hobbyists alike. Sweeping water views, mature trees, and direct lake access elevate the setting and give the next owner a remarkable canvas to work with. Opportunities like this — acreage, waterfront, and below appraisal — rarely hit the market. Bring your vision and unlock the full potential of this uniquely positioned Lago Vista property.
Active under contract
Price cut: $110K (7/17)
$1,490,000
4205 Park Dr, Lago Vista, TX 78645
4beds
4,156sqft
Single Family Residence
Built in 1997
4.34 Acres Lot
$1,427,300 Zestimate®
$359/sqft
$8/mo HOA
What's special
Expansive lakeside lotNew faucetsStainless steel stoveNew light fixturesFresh interior paint throughoutStainless steel refrigeratorNew led ballasts
- 87 days |
- 458 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Rebecca Vita (512) 695-0130,
Pure Realty (512) 337-0400
Source: Unlock MLS,MLS#: 8647391
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
- Main level bedrooms: 1
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Microwave, Free-Standing Electric Range, Refrigerator, Stainless Steel Appliance(s)
Features
- 2 Primary Suites, Ceiling Fan(s), Quartz Counters, In-Law Floorplan, Kitchen Island, Primary Bedroom on Main, Soaking Tub, Storage, Walk-In Closet(s), Washer Hookup
- Flooring: Tile, Wood
- Windows: Screens
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total interior livable area: 4,156 sqft
Property
Parking
- Total spaces: 4
- Parking features: Additional Parking, Garage, Garage Door Opener
- Garage spaces: 4
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck, Rear Porch
- Exterior features: Balcony, Gutters Partial, Private Entrance, Private Yard
- Has private pool: Yes
- Pool features: In Ground, Outdoor Pool
- Fencing: Chain Link, Wood
- Has view: Yes
- View description: Hill Country, Lake, Panoramic, Park/Greenbelt, Rural, Trees/Woods
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Front, Waterfront
- Body of water: Lake Travis
Lot
- Size: 4.34 Acres
- Features: See Remarks, Back Yard, Front Yard, Interior Lot, Landscaped, Native Plants, Trees-Heavy, Many Trees, Trees-Medium (20 Ft - 40 Ft), Views
Details
- Additional structures: Garage(s), Guest House, RV/Boat Storage, Storage, Workshop
- Parcel number: 4205 Park Dr. Lago Vista Tx
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
- Roof: Composition, Shingle
Condition
- Resale
- New construction: No
- Year built: 1997
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Electricity Connected
Community & HOA
Community
- Features: See Remarks
- Subdivision: Lakeshore Ranch 01 Resub
HOA
- Has HOA: Yes
- Services included: See Remarks
- HOA fee: $100 annually
- HOA name: Lakeshore Ranch
Location
- Region: Lago Vista
Financial & listing details
- Price per square foot: $359/sqft
- Tax assessed value: $1,959,012
- Annual tax amount: $22,415
- Date on market: 5/23/2026
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
Zestimate®
$1,427,300
Estimated sales range
$1.36M - $1.50M
Rent Zestimate®
$7,338/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Contingent | $1,490,000$359/sqft |
Source: | ||
| 7/17/2026 | Price change | $1,490,000-6.9%$359/sqft |
Source: | ||
| 5/23/2026 | Listed for sale | $1,600,000-20%$385/sqft |
Source: | ||
| 9/25/2025 | Listing removed | $2,000,000$481/sqft |
Source: | ||
| 8/22/2025 | Listed for sale | $2,000,000-4.8%$481/sqft |
Source: | ||
| 10/11/2023 | Listing removed | -- |
Source: | ||
| 9/26/2023 | Price change | $2,100,000-4.5%$505/sqft |
Source: | ||
| 8/8/2023 | Price change | $2,200,000-8.3%$529/sqft |
Source: | ||
| 7/13/2023 | Listed for sale | $2,400,000-4%$577/sqft |
Source: | ||
| 5/31/2023 | Listing removed | -- |
Source: | ||
| 4/23/2023 | Price change | $2,500,000-13.8%$602/sqft |
Source: | ||
| 12/29/2022 | Price change | $2,900,000-9.4%$698/sqft |
Source: | ||
| 10/3/2022 | Listed for sale | $3,200,000+155%$770/sqft |
Source: | ||
| 3/7/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/4/2019 | Listing removed | $1,255,000$302/sqft |
Source: Owner Report a problem | ||
| 1/19/2019 | Listed for sale | $1,255,000$302/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $22,415 +12% | $1,692,355 +10% |
| 2024 | $20,006 +14.3% | $1,538,505 +10% |
| 2023 | $17,497 -3.3% | $1,398,641 +10% |
| 2022 | $18,085 | $1,271,492 +10% |
| 2021 | -- | $1,155,902 -1.2% |
| 2020 | $17,838 -1.8% | $1,169,770 |
| 2019 | $18,169 +7.3% | $1,169,770 +0.7% |
| 2018 | $16,932 | $1,161,372 +10% |
| 2017 | $16,932 +4% | $1,055,793 -0.4% |
| 2016 | $16,282 | $1,060,561 +0.3% |
| 2015 | $16,282 | $1,057,326 +4.1% |
| 2014 | $16,282 | $1,015,956 +5.7% |
| 2013 | -- | $961,276 +2.4% |
| 2012 | -- | $939,014 +10% |
| 2011 | -- | $853,649 +12.1% |
| 2010 | -- | $761,460 +10% |
| 2009 | -- | $692,236 +10% |
| 2008 | -- | $629,305 +10% |
| 2007 | -- | $572,095 +10% |
| 2006 | -- | $520,086 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 78645
Getting around
Nearby schools
GreatSchools rating
- 5/10Lago Vista Elementary SchoolGrades: PK-3Distance: 2.5 mi
- 6/10Lago Vista Middle SchoolGrades: 6-8Distance: 4.1 mi
- 5/10Lago Vista High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Lago Vista
- Middle: Lago Vista
- High: Lago Vista
- District: Lago Vista ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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