RARE 1+ ACRE OPPORTUNITY IN THE HEART OF LAKEWAY WITH INCREDIBLE FLEXIBILITY AND HILL COUNTRY VIEWS! Located in one of the most desirable areas near Lake Travis, this unique property offers dual zoning for both residential and commercial use, creating endless possibilities for homeowners, investors, developers, or business owners. The expansive lot provides ample space for a custom home, office space, boutique commercial use, warehouse development, or a mixed-use live/work concept. With over an acre in a prime Lakeway location, opportunities like this are becoming increasingly rare. The property currently features an existing manufactured home along with an RV pad equipped with hookups, offering immediate functionality for residential living, office use, rental income, or interim operations while planning future development. Enjoy beautiful Texas Hill Country views while being just minutes from Lake Travis marinas, shopping, dining, entertainment, schools, and major commuter routes. The combination of location, usable land, dual-use zoning, and development potential makes this property truly stand out. Whether you are looking to build, invest, operate a business, create a live/work setup, or hold valuable land in a rapidly growing area, this property offers exceptional versatility and long-term potential in the heart of Lakeway.
Details
MLS #
7126502
Listing Type
For Sale
Style
See Remarks
Sub-Type
Resale
Status
Active
Year
2015
Days On Site
249
Listing Provided By
eXp Realty, LLC | Jovanny Garcia
Features
SQ Feet
1,161
Building(s)
1
Acreage
1.46
Property View
Canyon, Hill Country, Panoramic,
Exterior
Foundation Details
See Remarks
Construction Materials
Other
Parking
Parking Features
Outside
Utilities
Utilities
Above Ground, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Sewer
Septic Tank
Other
List Aor
Austin Board Of Realtors
Taxes
Property
9156
Area Information
State
TX
County
Travis
City
Austin
Zip Code
78734
Area
LS
Community Name
Cardinal Hills Estates Unit 12
Listing VS Median (in Cardinal Hills Estates Unit 12)
Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of September 19, 2026 at 7:49:50 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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