2 bed, 2 bath, 1,600 sqft on 0.25 acres in Lake Austin. Austin, TX 78732. $2,800,000. Leander ISD.
About This Home
New single slip permit, two slips (including existing slip) may be possible, buyer to verify. This property presents an exceptional canvas for a new owner or builder to create their own vision. The existing cabin is offered as-is, with the true value lying in the land. Nestled along a scenic city preserve, this prime location is just half a mile from Lake Austin Spa Resort, adjacent to Lakeland POA Park—perfect for lakeside gatherings—and near Quinlan Park, which features a public boat ramp. Exterior-only showings of the lake cabin. Zoned to Leander ISD schools including River Ridge, Canyon Ridge, and Vandegrift. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified. MORE at OnTheLakeRoad.com
Direct Lake Austin waterfront at $1,750 per square foot is what makes 13003 On The Lake Rd stand out. In Lake Austin, 13003 On The Lake Rd sits on a 0.254-acre lot with 1,600 square feet, 2 bedrooms, 2 baths, and a 1961 single-family residence that reads less like a finished product and more like a high-upside lakefront site.
This part of Austin, TX 78732 draws buyers who want true waterfront access without giving up daily convenience. The property backs to a scenic city preserve, which changes the feel of the setting in a way buyers notice immediately. You are also next to Lakeland POA Park, a real asset for lakeside gatherings, and close to Quinlan Park, where the public boat ramp gives you another practical access point to the water. Lake Austin Spa Resort is about half a mile away, which says a lot about the caliber and long-term appeal of this stretch of shoreline.
The existing cabin is being offered as-is, and that matters. For many buyers, the real value here is the land, the waterfront position, and the chance to build or reshape the property around a more ambitious plan. There is already a new single slip permit, and there may be potential for two slips including the existing slip, though any buyer should verify that independently. That kind of dock flexibility is not a small detail on Lake Austin. It directly affects how the property lives day to day and how future buyers will evaluate it.
From a school perspective, this address is in Leander ISD, with River Ridge Elementary, Canyon Ridge Middle School, and Vandegrift High School serving the area. That lineup remains a major draw for move-up buyers and long-term owners in northwest Austin. The combination of waterfront living, Leander ISD, and proximity to roads that connect quickly to Four Points and the broader RM 620 corridor gives this address more depth than a simple cabin listing might suggest.
With 260 days on market, buyers have had time to study the numbers, and the story is still the same: waterfront land in Lake Austin is finite, usable dock potential matters, and location quality tends to win over time. For the buyer who understands Lake Austin, this is the kind of property that can turn into a far more valuable lifestyle asset over the next chapter.
The numbers behind this insight
- Offered at
- $2,800,000
- Listed
- June 20, 2025
- Asking price per sq ft
- $1,750
Lake Austin market
- Homes sold
- 15
- Median sale price
- $5,050,000
- Median price per sq ft
- $1,173
- Homes for sale now
- 21
Keenan Luxury Market Index: $2M-$3M single-family homes across the Austin area sold at a median $595 per sq ft over the trailing 12 months (383 sales), as of November 3, 2026.
Lake Austin is Austin's most exclusive waterfront corridor - 22 miles of constant-level shoreline in 78732, 15 minutes from downtown. Waterfront homes start around $4M and trophy lots with 200+ feet of flat shoreline trade at $15M-$35M+. The lake is controlled by Tom Miller Dam, which maintains consistent water levels year-round - the key advantage over seasonal Lake Travis.
This is one of Austin's thinnest markets. Roughly 22 miles of total shoreline, and at any given time only 3-5 homes are actively listed. Many of the best lots trade privately through agent relationships before they ever reach the MLS. The finite supply creates a structural price floor that insulates Lake Austin from broader market cycles.
Buyers here want water access as daily life, not a weekend plan. Morning paddleboard, afternoon ski run, burgers at Ski Shores by boat, sunset from your own dock watching Hill Country ridgelines. The practical side matters too: you are inside Austin city limits with full services, 15 minutes from downtown, 10 from the Domain.
Four Seasons Private Residences is under development on 145 acres with 188 planned homes - the first significant new inventory since the lake was established. Eanes ISD and Leander ISD serve different sections of the corridor, both with strong school ratings.
- Property Type
- Residential
- Year Built
- 1961
- Lot Size
- 0.25 acres
- Price / Sq Ft
- $1,750
Listing information last updated July 20, 2026.
Listed by Moreland Properties
MLS# 3382972 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Primary Bedroom on Main
- Heating
- Central
- Cooling
- Wall/Window Unit(s)
- Fireplaces
- 1
Exterior & Lot
- Boat Slip
- Exterior Steps
- Vinyl Siding
- Stone
- Stucco
- Cul-De-Sac
- Level
- Views
- Slab
- Patio
- Roof
- Built-Up
- Lot Size
- 0.25 Acres
- Gravel
- Lake Front
- Waterfront
Financial
- Original List Price
- $2,800,000
- Price per Sq Ft
- $1,750
Utilities
- Electricity Available
- Natural Gas Available
- Sewer Available
- Water Available
- Water Source
- Private
- Sewer
- Septic Tank
Transaction History
3 records on file
Every recorded listing, sale, and lease at 13003 On The Lake RD, whoever represented it.
- ActiveListed 2025Current price: $2,800,000Original list: $2,800,000MLS 3382972
- SoldMay 31, 2022Listed at: $2,350,000MLS 6753003
- WithdrawnListed 2021Current price: $2,350,000Original list: $2,350,000MLS 3279202
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listed with current price, original ask, and market time.
- Current list
- $2,800,000
- Original list
- $2,800,000
- Price movement
- No verified reduction
- Listed / DOM
- Jun 20, 2025 · 502 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $596,712
- Assessment Year
- 2025
- Year Built
- 1961
- Parcel ID
- 000000124047
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-2.1% | — | $596,712 | — | — |
2024+129.4% | — | $609,573 | $500,000 | $94,828 |
2023+3.9% | — | $265,692 | $500,000 | $109,573 |
2022 | — | $255,709 | $202,500 | $63,192 |
Virtual Tour

Zoned Schools
Vandegrift
Canyon Ridge
River Ridge
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
Illustrative down payment
20% ($560K)
Adjustable assumption - not a lending recommendation.
Home price
$2,800,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Lake Austin pricing, timing, and property scale. No automated valuation claim.
List price
$2,800,000
Price per sqft
$1,750/sqft
Vs. Neighborhood guide reference price
-44.6%
$5.1M · Lake Austin neighborhood guide · reference price
Days on market
502 days
Original to current
No verified reduction
$2.8M original
Active inventory context
31 listings
Price Position in Lake Austin
Listed 45% below the Lake Austin neighborhood guide reference price. Lake Austin neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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