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$750,000

8 Lakeway Centre CT, TX, 78734

On MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size1.00 acres

Land Information

APN01337005350000
Lot Number6
SubdivisionLakeway Centre
Land UseResidential
Legal DescriptionLOT 6 LAKEWAY CENTRE
Census Tract031500
Assessed Land Value$523,248
Assessment Year2025

About this property

Seize the opportunity to own one or both of the last two premium 1-acre commercial lots ( 8 & 9)on Lakeway Center Drive in the heart of Lakeway, Texas. These prime lots, available together or separately, are ideally situated in a high-visibility location, perfect for developing a Class A office building, medical facility, or luxury spa service. The gentle topography, seamlessly blending into the iconic Texas Hill Country, offers a unique chance to design and build with stunning hill country views in mind. The lots support multi-story development with the potential for below-ground parking, optimizing the breathtaking vistas and enhancing property functionality. Location Highlights Located in Lakeway, Texas, a thriving resort community 25 miles northwest of downtown Austin along the scenic south shore of Lake Travis, these lots benefit from the area’s affluent demographic and vibrant economic landscape. Lakeway combines suburban charm with proximity to Austin’s urban amenities, making it a magnet for professionals, families, and businesses. The lots on Lake Center Drive are positioned to capture high foot traffic and visibility, ideal for businesses catering to Lakeway’s upscale, educated population. Development Potential These 1-acre lots are zoned for commercial use, offering flexibility for a range of high-value projects: Class A Office Space: Ideal for professional firms seeking premium office environments to serve Lakeway’s affluent and educated clientele. Medical Facility: Perfect for healthcare providers, given the community’s wealth and demand for high-quality medical services. Luxury Spa Service: A prime location for wellness and spa businesses catering to Lakeway’s upscale, lifestyle-driven residents. The lots’ gentle topography supports innovative architectural designs that embrace the Hill Country aesthetic, with the potential for multi-story buildings featuring below-ground parking to maximize scenic views of the surrounding landscape.

Investor Tools

$0Estimated Mortgage Balance
$523,248Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,500 /month
Positive
Cash Flow Estimate:
$1,500 /month

Interested in this property?

Christopher Shaffer

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,011/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,516
$523,248
2025
$523,248
N/A
$523,248
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,516
$523,248

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$523,248
100%
0%
$0/mo

City: Lakeway

8 Lakeway Centre CT | Property Details | No Agent List