2505 Hancock Avenue, Lago Vista

$140,000

0 Bed
0 Bath
.38 Acre
0 Garage

Introducing the High-Density Residential Lots nestled along Hancock Avenue, offering an unparalleled opportunity for lakefront or lakeview development! These prime lots, 2503 (lot 18004) and 2505 (lot18003) Hancock Ave, can be purchased individually or together—refer to MLS#6869581 for separate listings or combined MLS#8289899 for joint purchase. Detailed surveys including boundary, topographic/elevation, and tree information are readily available. Positioned adjacent to a captivating Lake Travis wet/dry cove and meandering creek featuring a serene waterfall, these lots boast an array of majestic tree species including Live Oak, Sycamore, and Elm. Whether crafting your single-family sanctuary or envisioning a cluster of 10-12 townhomes or apartments, the possibilities are boundless. Lago Vista authorities have confirmed the feasibility of extending sewer and water services to the property, with extension costs to be borne by the purchaser.
Conceptual sketches for single-family dwellings offer inspiration for your vision, while ownership grants full access to LVPOA amenities. Conveniently situated within the same block as Hancock Park—featuring swimming facilities and playground—and less than a mile from Cody Park boasting a boat ramp, the allure of recreational pursuits is at your doorstep. Zoned for High Density Residential according to City of Lago Vista Ordinance No. 23-09-07-04, R-4 zoning allows for multifamily residential development including apartments, townhouses, and single-family homes. Maximum impervious cover is set at 50%, with front and rear setbacks of 25 feet and a 5-foot side yard setback, totaling 10 feet for both sides. The permissible building height stands at 35 feet, capped at three stories. The marketing pictures with approximate boundaries are for illustration purposes only, and the information provided is deemed reliable, but is not guaranteed and should be independently verified.

Essential Information
MLS® #7057557
Price$140,000
Bathrooms0.00
Acres0.38
TypeLand
Sub-TypeUnimproved Land
StatusActive
Community Information
Address2505 Hancock Avenue
AreaLN
SubdivisionHighland Lake Estates Sec 18
CityLago Vista
CountyTravis
StateTX
Zip Code78645
Amenities
Is WaterfrontYes
Utilities

Electricity Available, Sewer Available, Water Available, Underground Utilities

Features

Barbecue, Business Center, Common Grounds/Area, Clubhouse, Community Mailbox, Conference/Meeting Room, Dog Park, Fishing, Golf, Lake, Pet Amenities, Playground, Park, Pool, Planned Social Activities, Airport/Runway, Sport Court(s), Tennis Court(s), Trails/Paths

View

Hills, Lake, Panoramic, Creek/Stream, Trees/Woods, Water

Waterfront

Lake Front, Lake Privileges, Seasonal, Waterfront

Exterior
Exterior FeaturesNone
Lot Description

Sloped Down, Front Yard, Native Plants, Trees Large Size, Trees Medium Size, City Lot

School Information
DistrictLago Vista ISD
ElementaryLago Vista
MiddleLago Vista
HighLago Vista
Additional Information
Date ListedFebruary 29th, 2024
Days on Market59
ZoningR-4 Zoning. Multifamily R
Listing Details
Office Contact(888) 440-4220
LISTING MAP

Get directions to this property:

Properties for Sale Similar to 2505 Hancock Avenue, Lago Vista, TX

Photo of Listing #7820329
New Listing

21110 High Drive, Lago Vista

$125,000

MLS® # 7820329

Emily Dieckmann Real Estate, L
Photo of Listing #3473613
New Listing

6023 La Paloma Lane, Lago Vista

$174,000 - 1 Acres

MLS® # 3473613

Dash Realty
Photo of Listing #2714701

20801 Dawn Drive, Lago Vista

$125,000

MLS® # 2714701

Coldwell Banker S.G. Billings

Property Listed by: Jancovech Real Estate, LLC

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from April 28th, 2024 at 5:45pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.