$150,000 $805 est/mo Sourced by Back At You

2503 Hancock Ave,Lago Vista, TX 78645

Lago Vista TX, 78645

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Description

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 togetherrefer to MLS#7057557 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 Parkfeaturing swimming facilities and playgroundand 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.

Details

MLS#6869581
Listing TypeFor Sale
StyleFarm or Ranch
HOA Dues$200
Sub-TypeResale
StatusActive
Days On Site141
Listing Provided ByJancovech Real Estate, LLC | Kyle Jancovech
Buying Commision3.

Features

ZoningR-4 Multifamily Residential (Apa
Acreage0.37
Water FrontYes
Property ViewCreek, Stream, Hill Country, Lak

 Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of July 19, 2024 at 6:53:36 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateTX
CountyTravis
CityLago Vista
Zip Code78645
AreaLN
Community NameHighland Lake Estates Sec 18
School DistrictLago Vista
Elementary SchoolLago Vista
Middle SchoolLago Vista
High SchoolLago Vista
Listing VS Median (in Highland Lake Estates Sec 18)
Price:
$150,000
low | high
Med:
$649,000
100% of Average
On Site:
141
low | high
Med:
99.000000
100% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 8:45:27 PM PDT