
The LAKE IS UP & THE PRICE HAS DROPPED! CUSTOM waterfront residence, high-end weekender, or an INCOME GENERATING short term rental! Perched up high with views for miles, and easily out of the 100-year flood plain. Built by Bentley Custom Homes for the business owner/builder. Custom-built boat dock with storage, boat lift & Jet Ski ramps convey with accepted offer! The open living/dining area features walls of windows to highlight the views & flows out to the expansive covered deck through sliding doors. A 2nd living space/game room features 2 additional covered decks for ample outdoor living & entertaining. The master suite features a vaulted ceiling, built in desk & cabinetry, oversized spa-like bath, and huge closet with built ins. Enjoy fairway views of the Loraloma Golf Course on the bluff across the water from the master suite balcony. This location is one of the BEST areas of Lake Travis for water sports. No docks across the way, an extended gangway & topography that reaches out furthest toward the center of the channel are huge benefits. Buyers have the 1st right of refusal for a 1-AC vacant lot adjacent, & a 2 AC parcel facing the garage. FROR for the boat & jet ski too! 1.8% tax rate, voluntary $75/annual HOA, Lake Travis ISD, & the ability to expand your compound, put in a pool, or build to suit. Call/text to see - a bit of notice may be needed if home is occupied.
Property Type
Residential
Year Built
2007
Lot Size
0.89 acres
$/Sq Ft
$580
HOA
$75/year
Garage
2 spaces
Listed by All City Real Estate Ltd. Co
Verified property facts
1231 Lake Shore DR is listed at $1,895,000 with 4 bedrooms, 3 full, 1 half bathrooms, 3,266 square feet, 0.89-acre lot. This places it above the ZIP 78669 single-family closed-sale median price of $875,000 (ZIP 78669 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 10, 2026).
1231 Lake Shore DR is zoned for Lake Travis ISD with assigned schools: West Cypress Hills (elementary), Lake Travis (middle), Lake Travis (high). School assignments should be verified directly with the district.
1231 Lake Shore DR is a Residential built in 2007 featuring 4 bedrooms, 3 full, 1 half bathrooms, 3,266 square feet, 0.89-acre lot.
1231 Lake Shore DR is listed by All City Real Estate Ltd. Co. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 10, 2026.
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Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Foundation
Patio / Porch
Parking
Waterfront
1 record on file
Every recorded listing, sale, and lease at 1231 Lake Shore DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price Change with current price, original ask, and market time.

Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($379K)
Adjustable assumption - not a lending recommendation.
$1,895,000
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List price
$1,895,000
Price per sqft
$580/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
140 days
Original to current
$30K reduction
$1.9M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 10, 2026.
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
The most recent annual property tax for 1231 Lake Shore DR is $12,244. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
This page does not assume a mortgage rate or publish a monthly payment for 1231 Lake Shore DR. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 10, 2026, 1231 Lake Shore DR is offered at $1,895,000. The current MLS snapshot shows 219 active listings in 78669. Keenan Group has completed 9 verified transactions in 78669 within its 1,000+ completed transactions and $1B+ career volume across Austin.
The MLS listing marks 1231 Lake Shore DR as waterfront. The reported waterfront feature is Lake Front, Waterfront. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.
The MLS listing reports HOA or association dues of $75 annual for 1231 Lake Shore DR. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
2 events on record
Current Price
$1,895,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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