ActiveMLS# 8647391
$1,600,000
4.34 Acres · Residential · $368,783/acre
4205 Park Dr
Lago Vista, TX 78645 (Travis County)
4
Bedrooms
4
Bathrooms
4,156
Sq Ft
1997
Year Built

About this property

Welcome to 4205 Park Dr. in Lago Vista — a rare 4.3-acre waterfront opportunity priced below Travis County’s appraised value and ready for its next chapter. Set on an expansive lakeside lot, this 4-bedroom, 2 full bath, 2 half bath home is being sold as-is and is perfect for a buyer with vision. The property needs updates and care, but its potential is undeniable. With several spacious living and entertaining areas, the home offers a strong foundation for a stunning reimagined retreat. The generous layout includes a large garage plus a dedicated workshop/boat storage space, making it ideal for lake living and hobbyists alike. Sweeping water views, mature trees, and direct lake access elevate the setting and give the next owner a remarkable canvas to work with. Opportunities like this—acreage, waterfront, and below appraisal—rarely hit the market. Bring your vision and unlock the full potential of this uniquely positioned Lago Vista property.

Property details

Property TypeResidential
Acreage4.3386 acres
StatusActive
Days on Market1 days
ListedMay 23, 2026
CountyTravis
ZIP Code78645
Living Area4,156 sq ft
Price per Acre$368,783/acre
MLS Number8647391
Listed ByPure Realty

Location

Area & Lifestyle

About the Area

4205 Park Dr is located in Lago Vista, Texas, in Travis County. Travis County is home to Austin, the capital of Texas and one of the fastest-growing major cities in the United States. Beyond the urban core, Travis County still contains significant ranch and acreage properties in its western reaches, where the Hill Country meets the city and land values reflect both agricultural heritage and proximity to one of America's most dynamic economies.

The Colorado River flows through Travis County, impounded into Lake Travis and Lake Austin, key recreation anchors for the region. The Balcones Escarpment marks the transition from the limestone Hill Country in the west to the Blackland Prairie in the east. Barton Creek and its tributaries carve spring-fed swimming holes and nature preserves within the urban fabric.

Lago Vista had an estimated population of 9,341 as of 2023. The 78645 zip code has a median household income of $108,393, a median home value of $387,200, and a median age of 51.6. The average household size is 2.3 people.

Austin's economy is anchored by the University of Texas, state government, and a massive technology sector that has attracted Apple, Tesla, Oracle, Dell, and hundreds of startups. Travis County acreage properties command premium prices reflecting proximity to the Austin job market, major airports, and world-class amenities.

Demographic data sourced from the U.S. Census Bureau, American Community Survey 5-Year Estimates (2023).

Listing information © 2026 Unlock MLS (ACTRIS). All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of Pure Realty.

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Barron Johnson
Broker Associate · Spyglass Realty