
Perched up high with views for miles, and easily out of the 100-year flood plain. The perfect waterfront residence, high-end weekender, or an income generating STR for vacationers with discriminating taste. Bentley Custom Homes is a celebrated home builder of 30+ years, and this home was built for the business owner's own family in 2007. No expense was spared to create an idyllic waterfront retreat, from the high end finish out & fixtures to the custom-built boat dock- included with an acceptable 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 below features 2 additional covered decks for incredible outdoor living & entertaining. Thoughtfully designed interior spaces allow family & guests to enjoy private down time. The master suite features a private balcony and sweeping views. (If you look closely, you'll see the Loraloma Golf Course on the bluff across the water offering picturesque views across the lake). This lot was specifically chosen for being one of the best areas of Lake Travis for water sports. No docks across the way, an extended gangway and topography that reaches out furthest toward the center of the channel are huge benefits. Don't miss this opportunity – buyers will have the 1st right of refusal for the 1-AC vacant lot adjacent, and the 2 AC vacant lot directly across from the garage. FROR for the boat and jet ski as well! With a 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, this is a must-see opportunity!
Property Type
Residential
Year Built
2007
Lot Size
0.89 acres
$/Sq Ft
$589
HOA
$75/mo
Garage
4 spaces
Listed by All City Real Estate Ltd. Co
Verified property facts
1231 Lake Shore DR is listed at $1,925,000 with 4 bedrooms, 3 full, 1 half bathrooms, 3,266 square feet, 0.89-acre lot. This places it above the 78669 median of $875,000.
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 presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Listed 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% ($385K)
$1,925,000
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List price
$1,925,000
Price per sqft
$589/sqft
Vs. Laguna Vista median
Not available
Days on market
53 days
Original to current
No verified reduction
$1.9M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 15, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($385,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1231 Lake Shore DR is around $11,009 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $1,925,000, 1231 Lake Shore DR is in the Laguna Vista market where there are currently 258 active listings in 78669. The Keenan Group has completed 9 transactions in 78669 as part of 1,000+ career sales totaling $1B+ across Austin.
1231 Lake Shore DR includes verified waterfront access: Lake Front,Waterfront. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
1231 Lake Shore DR is part of a managed community with HOA dues of $75 annually. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
1 event on record
Current Price
$1,925,000
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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