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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
A rare opportunity to build on a homesite that truly captures the beauty of the Texas Hill Country. Positioned just above Paine Ave, this lot offers a panoramic, unobstructed view that stretches across the surrounding hills, creating a dramatic backdrop for a custom home designed to take full advantage of the scenery. The property features a flat, highly usable building area, giving future owners the flexibility to design their ideal layout.
With a two-story build, potential views of Lake Travis open up, adding another layer of natural beauty to the setting. Whether you’re envisioning expansive windows, a balcony for sunset views, or a peaceful outdoor living space, the orientation of this lot offers exceptional potential.
Utilities are conveniently available with water and sewer access, while electric, cable, and telephone lines are underground, preserving the clean Hill Country landscape.
Ownership includes access to the Lago Vista Property Owners Association, which provides an incredible lifestyle along Lake Travis with 17 miles of private waterfront parks, gated lake access, boat launches, a marina, lakeside RV parks, campgrounds, and more. The Lago Vista Golf Course and Fitness Center are also just minutes away.
**Plans previously prepared for the owners illustrate a potential home footprint on the lot, showing the buildable area and layout possibilities.** (reach out for more, or see photos)
This is a chance to secure a homesite where views, lifestyle, and build potential come together in one of Lago Vista's most scenic areas. Buyers should verify building requirements, utilities, and development details with the city and appropriate providers.
Property Type
Land
Lot Size
0.22 acres
HOA
$250/mo
Listed by Compass RE Texas, LLC
Property Details
Lot Features
Fencing
Waterfront
Verified property facts
21501 Paine Ave 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.
21501 Paine Ave 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 21501 Paine Ave is $809. 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 ($5,900) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 21501 Paine Ave is around $220 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.
25+ years advising buyers and sellers in this community
Listing timeline 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% ($6K)
$29,500
Luxury property intelligence
A sourced read on Highland Lake Estates Sec 21 pricing, timing, and property scale. No automated valuation claim.
List price
$29,500
Price per sqft
Not available
Vs. Highland Lake Estates Sec 21 median
Not available
Days on market
87 days
Original to current
$2.5K reduction
$32K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 31, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $29,500, 21501 Paine Ave is in the Highland Lake Estates Sec 21 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.
21501 Paine Ave includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
21501 Paine Ave is part of a managed community with HOA dues of $250 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.
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