Land with Home for Sale in Lago Vista, Texas

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.