Prime Lakeway Homesite Near Lake Travis – Nearly Half an Acre with No HOA! Welcome to 704 Palos Verdes, a rare opportunity to own almost half an acre in the heart of beautiful Lakeway, TX. This spacious lot offers the perfect canvas to build your dream home surrounded by the natural beauty that makes the Hill Country so special. Situated across from the Hamilton Greenbelt II, residents can enjoy peaceful nature views right from their doorstep. The property’s location also places you just a few blocks from the Yaupon Golf Course, offering an easy golf cart ride to a round of golf. With Lake Travis nearby, you’ll have convenient access to boating, fishing, and lakeside recreation. This neighborhood provides the benefits of top-rated Lake Travis ISD schools, local restaurants, shopping, and marinas are only minutes away, making this an exceptional spot for a full-time residence or a weekend retreat.
Active
$215,000
704 Palos Verdes Dr, Austin, TX 78734
0beds
0baths
0.44Acres
Unimproved Land
Built in ----
0.44 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Peaceful nature views
- 268 days |
- 22 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Amanda Ruiz (512) 934-8639,
Dreamway Realty (512) 934-8639
Source: Unlock MLS,MLS#: 9115167
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Property
Features
- Has view: Yes
- View description: Trees/Woods
- Waterfront features: None
Lot
- Size: 0.44 Acres
- Features: Interior Lot, Trees-Moderate, Trees-Small (Under 20 Ft), Views
Details
- Additional structures: None
- Parcel number: 01397305020000
- Special conditions: Standard
Utilities & green energy
- Sewer: Municipal Utility District (MUD)
- Water: Municipal Utility District (MUD)
- Utilities for property: Electricity Available, Water Available
Community & HOA
Community
- Features: Golf, Lake
- Subdivision: Lakeway Sec 27
Location
- Region: Austin
Financial & listing details
- Tax assessed value: $250,444
- Annual tax amount: $4,554
- Date on market: 10/29/2025
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/22/2026 | Price change | $215,000-6.5% |
Source:  Unlock MLS #9115167 Report a problem | ||
| 3/2/2026 | Price change | $230,000-8% |
Source: Unlock MLS #9115167 Report a problem | ||
| 10/29/2025 | Listed for sale | $250,000-16.6% |
Source: Unlock MLS #9115167 Report a problem | ||
| 9/8/2025 | Listing removed | $299,900 |
Source: Unlock MLS #9540530 Report a problem | ||
| 4/29/2025 | Listed for sale | $299,900 |
Source: Unlock MLS #9540530 Report a problem | ||
| 4/8/2025 | Contingent | $299,900 |
Source: Unlock MLS #9540530 Report a problem | ||
| 5/23/2024 | Listed for sale | $299,900-9.9% |
Source:  Central Texas MLS #544007 Report a problem | ||
| 3/1/2024 | Listing removed | -- |
Source: Unlock MLS #3834601 Report a problem | ||
| 8/1/2023 | Listed for sale | $332,900-4.6% |
Source: Unlock MLS #3834601 Report a problem | ||
| 7/14/2023 | Listing removed | -- |
Source: Unlock MLS #6173683 Report a problem | ||
| 1/23/2023 | Listed for sale | $349,000+336.8% |
Source: Unlock MLS #6173683 Report a problem | ||
| 12/31/2015 | Listing removed | $79,900 |
Source: Reilly, REALTORS #7403984 Report a problem | ||
| 7/12/2015 | Listed for sale | $79,900 |
Source: Reilly, REALTORS #7403984 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,625 +5.1% | $250,444 +3.5% |
| 2024 | $4,401 -24.2% | $242,000 -26.7% |
| 2023 | $5,807 -7.8% | $330,000 |
| 2022 | $6,296 | $330,000 +349% |
| 2021 | -- | $73,500 +11.1% |
| 2020 | $1,439 -0.3% | $66,150 |
| 2019 | $1,444 -4.4% | $66,150 |
| 2018 | $1,511 | $66,150 |
| 2017 | $1,511 -18.2% | $66,150 |
| 2016 | $1,848 | $66,150 |
| 2015 | $1,848 | $66,150 -12.5% |
| 2014 | $1,848 | $75,600 +29.2% |
| 2009 | -- | $58,500 |
| 2008 | -- | $58,500 |
| 2007 | -- | $58,500 +172.9% |
| 2006 | -- | $21,440 +10% |
| 2005 | -- | $19,491 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 78734
Nearby schools
GreatSchools rating
- 8/10Lakeway Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 8/10Hudson Bend Middle SchoolGrades: 6-8Distance: 2.8 mi
- 8/10Lake Travis High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Serene Hills
- 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.
- $652,400-- bd2 ba2.4k sqft210 Los Altos Dr, Lakeway, TX 78734Off Market
- $625,0004 bd3 ba3.2k sqft703 Palos Verdes Dr, Lakeway, TX 78734For Sale
- $---- bd3 ba2.4k sqft208 Los Altos Dr, Lakeway, TX 78734Sold
- $842,2004 bd4 ba3.1k sqft206 Los Altos Dr, Lakeway, TX 78734Off Market
- $710,3004 bd3 ba2.7k sqft701 Palos Verdes Dr, Lakeway, TX 78734Off Market
- $1,245,5005 bd5 ba4.3k sqft801 Palos Verdes Dr, Lakeway, TX 78734Off Market
- $---- bd-- ba-- sqft204 Los Altos Dr, Austin, TX 78734Off Market
- $640,3004 bd3 ba2.4k sqft204 Los Altos Dr, Lakeway, TX 78734Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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