Lago Vista, TX 78645
Rare opportunity to own a remarkable 1.99-acre Lake Travis estate in the heart of the Texas Hill Country. Spanning six deeded tracts with panoramic south-facing lake views and deeded beach access just minutes away, this unique property offers exceptional flexibility for multigenerational living or investment. Three fenced tracts feature two buildings with four private residences, each with its own entrance, bedroom(s), bathroom(s), kitchen, and living area. The original single-story home was expanded in 1996 to include a three-story townhome-style apartment with a private entrance and lake-view balcony. In 2010, a spacious 1,580 sq. ft. apartment with balcony was added above the oversized garage and a 770 sq. ft. apartment, updated in 2022, creating over 4,700 sq. ft. of combined living space. Additional amenities include three outbuildings (8’ x 8’ garden shed, 12’ x 9’ Morgan Building, and a 12’ x 19’ workshop), four covered carport spaces, including one with 12-foot RV clearance, and abundant circular driveway parking. The remaining tracts have two RV sites with water and electric hookups and a small barn and shelter, previously used for bees, chickens, and horses. Towering oaks, pecan and fruit trees, cedars, and vibrant landscaping create a peaceful, private setting. The tracts were combined for tax purposes but may be sold separately. A private well and community water serve the property. The grandfathered OSSF requires replacement upon transfer, and the seller has completed extensive research on replacement options, with documentation available to help buyers bring their vision to life.
| MLS ID | 6686208 | |
| Status | Active | |
| Days Active | 133 | |
| Est. Tax | 5674 | |
| Lot Size | 1.99 | |
| Year Built | 1959 | |
| Total Bedrooms | 6 | |
| 1st Floor Bedrooms | 2 | |
| Full Baths | 6 | |
| Half Baths | 0 | |
| Square Feet | 4733 | |
| Price Per SqFt | $284.17 | |
| Garage Spaces | 1 | |
| Fireplace(s) | 2 | |
| Fireplace Info | Electric, Family Room, Wood Burning | |
| Flooring | Bamboo, Carpet, Laminate, Vinyl | |
| Stories | Three Or More | |
| Pool | No | |
| Courtesy of | Compass RE Texas, LLC (512) 796-0187 | |
| Subdivision | Drapers Estate | |
| City | Lago Vista | |
| County | Travis | |
| HOA | ||
| HOA Fee | $ / | |
| Water Front | No | |
| Roof | CompositionComposition | |
| Construction | ||
| Foundation | Slab | |
| Fencing | Chain Link | |
| Elementary School | Lago Vista | |
| Elementary District | Lago Vista ISD | |
| Middle School | Lago Vista | |
| Middle District | Lago Vista ISD | |
| High School | Lago Vista | |
| High District | Lago Vista ISD | |
| Appliances | Dishwasher, Microwave, Free-Standing Electric Range, Free-Standing RefrigeratorDishwasher, Microwave, Free-Standing Electric Range, Free-Standing Refrigerator | |
| Heating | Heat Pump | |
| Cooling | Ceiling Fan(s), Heat Pump, Wall/Window Unit(s) | |
| Exterior Features | Balcony, Uncovered Courtyard, Private Yard | |
| Lot Features | Gentle Sloping, Public Maintained Road, Trees-Large (Over 40 Ft), Views | |
| Community Features | Lake | |
| Patio Features | Covered, Deck | |
| Structures | See Remarks, Outbuilding, RV/Boat Storage, Storage, Workshop | |
| Interior Features | Ceiling Fan(s), Open Floorplan, Primary Bedroom on Main | |
| Fencing Features | Chain Link | |
| Parking Features | Carport | |