59.42 acres on the shore of Lake Travis TX
1900 American Drive
Lago Vista, TX 78645
FOR SALE
Property Type:
Multifamily LandAmount:
$12,500,000
Last Verified:
Jun 28, 2023Highlights
- Desirable Lake Travis location
- Approved plan
- PD Zoning
- Prime investment opportunity
- Shovel ready development
Description
59.43 acres on Lake Travis, 30 mins from downtown Austin. Approved for 221 multi-family units, 9 buildings, 2-4 floors each, 5-7 units per floor all overlooking the water. Average of 1,400 SF per unit, 450 covered parking spaces, 10,000 SF of amenity buildings, recreation area, 96 boat slip marina. Private beach, on-shore restaurant, and more.
30 mins from Austin TX
Lot Size: 59.43 acres
