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$169,900

2503 Hancock Ave, Lago Vista, TX, 78645

On MarketInfo
Just AddedInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size15,991 sqft

Land Information

APN01628606010000
Lot Number18004
SubdivisionHighland Lake Estates Sec 18
Land UseResidential
Legal DescriptionLOT 18004 *BELOW 715' CONTOUR HIGHLAND LAKE ESTATES SEC 18
Census Tract037400
Assessed Land Value$149,760
Assessment Year2025

About this property

Exceptional Lake Travis Waterfront Development Opportunity – One of two available Adjacent R-4 Zoned Lots - subject lot is .386 acres. Zoned R-4 High Density Residential, the property allows for a variety of residential uses, including townhomes, duplexes, multifamily residences, or single-family construction, subject to City of Lago Vista approvals and development requirements. Build a one-of-a-kind custom estate overlooking Lake Travis, or a thoughtfully designed higher-density residential development. The property fronts a picturesque Lake Travis cove and seasonal creek with a natural waterfall, while mature Live Oak, Sycamore, and Elm trees provide a beautiful Hill Country setting on a development-ready site. Detailed boundary, topographic, elevation, and tree surveys are available. PEC Electric is across the street, available with a pedestal and meter set. Lago Vista water supply line is available for connection at the street, and public sewer is available via extension and tap in fees, or possible septic sewer. The lots may be purchased individually or together. Beyond the property itself, owners enjoy access to the outstanding Lago Vista Property Owners Association amenities, including waterfront parks, private boat ramps, swimming facilities, fishing access, fitness center, sports courts, and more. Hancock Park is located just down the street, while Cody Park and its public boat ramp are less than a mile away, offering easy access to Lake Travis. Buyers should independently verify all zoning, utility availability, development requirements, and intended uses with the City of Lago Vista. Property boundaries shown in marketing materials are approximate and provided for illustrative purposes only.

Investor Tools

$0Estimated Mortgage Balance
$149,760Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,019 /month
Positive
Cash Flow Estimate:
$340 /month

Interested in this property?

Kyle Jancovech

Jancovech Real Estate, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$284/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,656
$149,760
2025
$149,760
N/A
$149,760
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,656
$149,760

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$149,760
100%
0%
$0/mo

City: Lago Vista

2503 Hancock Ave | Property Details | No Agent List