Rare opportunity to own a remarkable 1.99-acre Lake Travis estate in the heart of the Texas Hill Country. Spanning sixdeeded 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 # | 6686208 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1959 |
| Days On Site | 135 |
| Listing Provided By | Compass RE Texas, LLC | Debbie Jennings |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 4,733 |
| Garage | 1 |
| Car Port | Yes |
| Acreage | 1.99 |
| Water Front | Yes |
| Property View | Hill Country, Lake, Panoramic |
| Interior Features | Ceiling Fan(s), Open Floorplan, Primary Bedroom on Main |
|---|---|
| Cooling | Ceiling Fan(s), Heat Pump, Wall/Window Unit(s) |
| Heating | Heat Pump |
| Appliances | Dishwasher, Microwave, Free-Standing Electric Range, Free-Standing Refrigerator |
| Fireplace Features | Electric, Family Room, Wood Burning |
| Fireplaces Total | 2 |
| Window Features | None |
| Flooring | Bamboo, Carpet, Laminate, Vinyl |
| Exterior Features | Balcony, Uncovered Courtyard, Private Yard |
|---|---|
| Roof | Composition |
| Foundation Details | Slab |
| Lot Features | Gentle Sloping, Public Maintained Road, Trees-Large (Over 40 Ft), Views |
| Patio And Porch Features | Covered, Deck |
| Fencing | Chain Link |
| Construction Materials | Frame |
| Security Features | Smoke Detector(s) |
| Parking Features | Carport |
|---|---|
| Garage Spaces | 1 |
| Utilities | Cable Connected, Electricity Connected, Water Connected |
|---|---|
| Sewer | Shared Septic, Septic Tank |
| List Aor | Austin Board Of Realtors |
|---|
| Property | 5674 |
|---|
| State | TX |
|---|---|
| County | Travis |
| City | Lago Vista |
| Zip Code | 78645 |
| Area | LN |
| Community Name | Drapers Estate |
| School District | Lago Vista ISD |
| Elementary School | Lago Vista |
| High School | Lago Vista |
| Listing VS Median (in Drapers Estate) | |
Price: $1,345,000 low | high Med: $1,345,000 sqft: 4,733 low | high Med: 4,733 $ / sqft: $284 low | high Med: $284 On site: 135 low | high Med: 135 | |
| State | TX |
|---|---|
| County | Travis |
| City | Lago Vista |
| Zip Code | 78645 |
| Area | LN |
| Community Name | Drapers Estate |
| School District | Lago Vista ISD |
| Elementary School | Lago Vista |
| High School | Lago Vista |
| Listing VS Median (in Drapers Estate) | |
Price: $1,345,000 low | high Med: $1,345,000 sqft: 4,733 low | high Med: 4,733 $ / sqft: $284 low | high Med: $284 On site: 135 low | high Med: 135 | |