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Keenan Group#1 Austin Board of Realtors Team 2024

$425,000

1.31 acresLot

1311 Osprey Ridge Loop, Lago Vista, TX 78645

Reduced 23%$550,000
Lago Vista·MLS# 5861238·243 days on market

— bed, — bath on 1.31 acres in Lago Vista. Lago Vista, TX 78645. $425,000. Lago Vista ISD.

About This Home

1311 Osprey Ridge Loop offers a rare opportunity to own a waterfront homesite in Waterford, a gated Lake Travis community known for custom homes, privacy, and a peaceful waterfront setting. Surrounded by established luxury residences and Hill Country views, this undeveloped lot provides the opportunity to create a custom lake home in one of Lago Vista's most desirable gated neighborhoods.

Positioned along a protected cove with views toward the broader waters of Lake Travis, the property offers a balance many waterfront buyers seek. Enjoy the beauty of lakefront living while benefiting from a calmer shoreline environment that feels private and removed from the activity often found on the main body of the lake.

The gentle slope toward the water may provide added design flexibility compared to steeper waterfront terrain. Future owners may be able to incorporate outdoor living spaces, covered patios, view decks, walls of glass, and indoor-outdoor entertaining areas designed around the lake setting.

Waterford offers a private residential atmosphere while remaining convenient to the amenities that make Lago Vista a popular destination for full-time residents and second-home owners. Nearby attractions include marinas, golf courses, wineries, restaurants, coffee shops, parks, and Lago Vista ISD. Lago Vista Airport is just minutes away, while shopping, healthcare, and major employment centers throughout the Austin area remain accessible.

Waterfront lots in established gated communities on Lake Travis are becoming increasingly difficult to find. With attractive water views, a peaceful cove setting, and the opportunity to design a custom waterfront retreat, 1311 Osprey Ridge Loop presents a rare chance to build in one of Lago Vista's premier lakefront communities. Seller is motivated, and competitive owner financing may be available.

Property Type
Land
Lot Size
1.31 acres
HOA
$1,000/year

Listing information last updated September 28, 2026.

Listed by Keller Williams - Lake Travis

MLS# 5861238 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Generous 1.31-acre lot
Few Trees
Sloped Down
The gentle slope toward the water may provide added design flexibility compared to steeper waterfront terrain
Waterfront lots in established gated communities on Lake Travis are becoming increasingly difficult to find
Seller is motivated, and competitive owner financing may be available.

Facts & Features

Exterior & Lot

Lot Features

  • Few Trees
  • Sloped Down
Lot Size
1.31 Acres

Waterfront

  • Lake Front
  • Waterfront
Financial
HOA Fee
$1,000 / year
Original List Price
$550,000
Utilities
  • Cable Available
  • Electricity Available
  • Phone Available
  • Water Available
Water Source
MUD
Sewer
Septic Needed

Transaction History

2 records on file

Every recorded listing, sale, and lease at 1311 Osprey Ridge LOOP, whoever represented it.

  1. ActiveListed 2026
    Current price: $425,000Original list: $550,000MLS 5861238
    1. Price changed · March 16, 2026$499,000
    2. Price changed · April 7, 2026$475,000
    3. Price changed · May 11, 2026$450,000
    4. Price changed · June 12, 2026$425,000
  2. SoldNovember 2, 2010
    Listed at: $365,000MLS 5508220

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

Listing timeline with current price, original ask, and market time.

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Current list
$425,000
Original list
$550,000
Price movement
$125K reduction
Listed / DOM
Feb 20, 2026 · 243 days

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$1,053,000
Assessment Year
2025
Parcel ID
000000962695
YearTaxesTotal AssessmentLandAdditions
2025
—$1,053,000——

Virtual Tour

Virtual tour of 1311 Osprey Ridge Loop
Map showing 1311 Osprey Ridge LOOP
1311 Osprey Ridge LOOP
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Zoned Schools

Lago Vista ISD →

1 High School

Lago Vista

High SchoolGrades 9-12Zoned assignment

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.

Principal & interest
$2,354
HOA dues
$83

Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.

HOA source: MLS Grid / Unlock MLS, as of 2026-10-16T17:07:07.51+00:00; normalized from annual dues.

20% ($85K)

Adjustable assumption - not a lending recommendation.

$425,000

Loan: $340K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

A sourced read on Lago Vista pricing, timing, and property scale. No automated valuation claim.

List price

$425,000

Price per sqft

Not available

Vs. Neighborhood guide reference price

Not available

Days on market

243 days

Original to current

$125K reduction

$550K original

Active inventory context

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Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.

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Frequently Asked Questions

What school district is 1311 Osprey Ridge Loop in?

1311 Osprey Ridge Loop is zoned for Lago Vista ISD with assigned schools: Lago Vista (elementary), Lago Vista (middle), Lago Vista (high). School assignments should be verified directly with the district.

What are the property taxes for 1311 Osprey Ridge Loop?

The most recent annual property tax for 1311 Osprey Ridge Loop is $24,854. 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.

How should a buyer estimate the monthly payment for 1311 Osprey Ridge Loop?

This page does not assume a mortgage rate or publish a monthly payment for 1311 Osprey Ridge Loop. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 1311 Osprey Ridge Loop compare with other homes in Lago Vista?

As of Oct 16, 2026, 1311 Osprey Ridge Loop is offered at $425,000. The current MLS snapshot shows 222 active listings in 78645. Keenan Group has completed 7 verified transactions in 78645 within its 1,000+ completed transactions and $1B+ career volume across Austin.

What is the water access at 1311 Osprey Ridge Loop?

The MLS listing marks 1311 Osprey Ridge Loop 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.

What is the community structure at 1311 Osprey Ridge Loop?

The MLS listing reports HOA or association dues of $1,000 annual for 1311 Osprey Ridge Loop. 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.

Why Choose the #1 Austin Board Team for Lago Vista

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

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Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/16/2026, 12:07:07 PM. 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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Last updated: 10/16/2026, 12:07:07 PM

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