Residential Land for Sale in Lago Vista, Texas

Twice the value in a single lot! This unique and valuable property comes with rare R-2 zoning, allowing for two-family residential use - ideal for those seeking flexible living or investment potential. The extra-deep lot offers dual street access from Cooper Ln in the front and Drapers Cove in the back, opening the door to a variety of development possibilities, especially with the multi-family zoning advantage. What makes this property even more special is its location - only a handful of lots along this specific stretch of Cooper Ln carry R-2 zoning in an area otherwise zoned for single-family homes. The gentle slope of the land makes it highly buildable and will provide scenic Hill Country views once developed. Several highly desirable, large oak trees in the front and back of the property, add natural beauty and shade. Enjoy the laid-back lake lifestyle with access to an abundance of amenities: private boat ramps, a marina, pool, hiking trails, parks, tennis courts, athletic fields, pavilions, and more. Lake Travis is just two minutes away at the private property owners' Cody Park with a boat ramp, playground and acres of lake access! Whether you're planning your dream home, a second getaway, or a short-term rental, this is a rare chance to build something truly special in a prime lakeside community.