#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
Rare cash-flowing land hold in the heart of Westlake — one of Texas's most prestigious zip codes. Total list price for all three lots: $1,375,000 — reflects income premium and zoning flexibility. Three lots, all must be sold together: 1702Saracen Rd, 1703 Lancer Ln, and 1605 Lancer Ln, Austin TX 78733. Three contiguous lots totaling just under 1 acre, currently operating as a thriving RV park surrounded by million-dollar new construction homes. Your tenants cover your costs from day one while you decide what comes next. The numbers work. Property generates approximately$75,000 gross annually — 13 RV pads plus a rented garage with lift. Low turnover, stable tenants, self-managing site. This is not a vacant lot waiting for a buyer to figure it out. It is a running business with income in place. The zoning is the story. Non-residential zoning confirmed by Travis County Transportation & Natural Resources (TNR) — nearly any commercial or mixed use permitted with appropriate permitting. Can also be re-permitted to residential if desired. No deed restrictions found of record. Maximum flexibility, minimum restrictions. The options are wide open. Own and operate the RV park. Run your business on one lot while the other two generate income. Live on your own cash-flowing asset. Get permits in place and develop all at once or one at a time — the remaining lots carry your costs throughout. Bare lots in this area are trading at $325K–$350K. This is not a bare lot. Each lot has its own independent septic system. Infrastructure is in place. Eanes ISD — top-rated school district in Texas. 1.1 miles to Lake Austin. Drive-bys welcome. Please do not disturb tenants. All three lots are sold together only — no individual lot sales. Buyer to independently verify all zoning, income figures, deed restrictions, and property details prior to making an offer.
Property Type
Commercial Sale
Year Built
1972
Lot Size
0.40 acres
Listed by Beyond The Move Realty, LLC
Verified property facts
1605 Lancer Ln is a Commercial Sale built in 1972 featuring 0 bedrooms, 0.40-acre lot.
1605 Lancer Ln 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 1605 Lancer Ln is $5,800. 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.
With 20% down ($91,667) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1605 Lancer Ln is around $2,862 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
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Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Austin Lake Hills Sec 01
Property Details
Flooring
Construction
Parking
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+19.2% | — | $391,567 | — | — |
2024+1.6% | — | $328,393 | $315,000 | $13,593 |
2023+42.2% | — | $323,239 | $315,000 | $13,393 |
2022+56.5% | — | $227,251 | $315,000 | $8,239 |
2021 | — | $145,226 | $225,000 | $2,251 |
District context schools are shown because address-level assigned school fields are not available for this property. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($92K)
$458,334
Luxury property intelligence
A sourced read on Austin Lake Hills Sec 01 pricing, timing, and property scale. No automated valuation claim.
List price
$458,334
Price per sqft
Not available
Vs. Austin Lake Hills Sec 01 median
Not available
Days on market
97 days
Original to current
No verified reduction
$458.3K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 25, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $458,334, 1605 Lancer Ln is in the Austin Lake Hills Sec 01 market where there are currently 32 active listings in 78733. The Keenan Group has completed 2 transactions in 78733 as part of 1,000+ career sales totaling $1B+ across Austin.
1605 Lancer Ln was built in 1972 (54 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
5 events on record
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+19.2% | — | $391,567 | — | — |
2024+1.6% | — | $328,393 | $315,000 | $13,593 |
2023+42.2% | — | $323,239 | $315,000 | $13,393 |
2022+56.5% | — | $227,251 | $315,000 | $8,239 |
2021 | — | $145,226 | $225,000 | $2,251 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Active listings near 1605 Lancer Ln
Recent sales for market context
