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Exceptional Development Opportunity with Panoramic Lake Views
Discover 30 acres of prime land offering unblockable lake views in a highly desirable area surrounded by upscale homes on small acreage tracts. This property’s natural topography features a gentle slope from the elevated vantage point down to Spanish Oak Creek, which gracefully crosses the lower portion of the land.
With two access points—one from Kelly Cove and another from W Reed Parks Rd—this tract offers excellent ingress and egress options for future development. Public utilities are readily available through Pedernales Electric (PEC) and Jonestown Water Supply, making it even more attractive for builders and investors.
In addition to the land, and the preliminary plat of 25 lots, the property includes a spacious 3,371 SF home with 4 bedrooms, 4 bathrooms, and a pool, providing immediate usability while development plans are underway.
This is a rare opportunity to secure a large tract with stunning views, valuable frontage, and strong development potential in a coveted location. *All information to be verified by Buyer*
Property Type
Residential
Year Built
1995
Lot Size
30.00 acres
$/Sq Ft
$890
Garage
15 spaces
Pool
Yes
Listed by Engel & Volkers Austin
Verified property facts
18610 W Reed Parks Rd is listed at $2,999,000 with 4 bedrooms, 3 full, 1 half bathrooms, 3,371 square feet, 30.00-acre lot. This places it above the 78645 median of $1,025,000.
18610 W Reed Parks Rd is zoned for Lago Vista ISD with assigned schools: Lago Vista (6/10) (elementary), Lago Vista (6/10) (middle), Lago Vista (6/10) (high). School assignments should be verified directly with the district.
18610 W Reed Parks Rd is a Residential built in 1995 featuring 4 bedrooms, 3 full, 1 half bathrooms, 3,371 square feet, 30.00-acre lot.
18610 W Reed Parks Rd 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 18610 W Reed Parks Rd is $28,133. 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
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in D & W Railroad Company Surv #1
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
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 |
|---|---|---|---|---|
2025-8.3% | — | $595,282 | — | — |
2024+10.5% | — | $649,164 | $312,782 | $369,127 |
2023+71.2% | — | $587,319 | $202,788 | $446,376 |
2022+27.3% | — | $342,972 | $193,822 | $393,497 |
2021 | — | $269,523 | $57,652 | $285,320 |

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% ($600K)
$2,999,000
Luxury property intelligence
A sourced read on D & W Railroad Company Surv #1 pricing, timing, and property scale. No automated valuation claim.
List price
$2,999,000
Price per sqft
$890/sqft
Vs. D & W Railroad Company Surv #1 median
Not available
Days on market
212 days
Original to current
No verified reduction
$3M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 31, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($599,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 18610 W Reed Parks Rd is around $17,906 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $2,999,000, 18610 W Reed Parks Rd is in the D & W Railroad Company Surv #1 market where there are currently 253 active listings in 78645. The Keenan Group has completed 6 transactions in 78645 as part of 1,000+ career sales totaling $1B+ across Austin.
18610 W Reed Parks Rd was built in 1995 (31 years ago). Buyers should budget for potential updates to major systems.
18610 W Reed Parks Rd sits on a 30.00-acre lot, providing substantial outdoor living space. Properties of this scale in Austin's luxury market typically feature pool areas, outdoor kitchens, and mature landscaping. Confirm specific amenities with the listing agent.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
6 events on record
Current Price
$2,999,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-8.3% | — | $595,282 | — | — |
2024+10.5% | — | $649,164 | $312,782 | $369,127 |
2023+71.2% | — | $587,319 | $202,788 | $446,376 |
2022+27.3% | — | $342,972 | $193,822 | $393,497 |
2021 | — | $269,523 | $57,652 | $285,320 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.