
Exceptional Lake Travis Waterfront Development Opportunity – One of Two Available Adjacent R-4 Zoned Lots - Subject listing is .3799 acres. Zoned R-4 High Density Residential, the property allows for a variety of residential uses, including townhomes, duplexes, multifamily residences, or single-family construction, subject to City of Lago Vista approvals and development requirements. Build a one-of-a-kind custom estate overlooking Lake Travis, or a thoughtfully designed higher-density residential development. The property has views of a picturesque Lake Travis cove and seasonal creek with a natural waterfall, while mature Live Oak, Sycamore, and Elm trees provide a beautiful Hill Country setting on a development-ready site. Detailed boundary, topographic, elevation, and tree surveys are available. PEC Electric is across the street, available with a pedestal and meter set. Lago Vista water supply line is available for connection at the street, and public sewer is available via extension and tap in, or possible septic sewer. The lots may be purchased individually or together. Beyond the property itself, owners enjoy access to the outstanding Lago Vista Property Owners Association amenities, including waterfront parks, private boat ramps, swimming facilities, fishing access, fitness center, sports courts, and more. Hancock Park is located just down the street, while Cody Park and its public boat ramp are less than a mile away, offering easy access to Lake Travis. Buyers should independently verify all zoning, utility availability, development requirements, and intended uses with the City of Lago Vista. Property boundaries shown in marketing materials are approximate and provided for illustrative purposes only.
Property Type
Land
Lot Size
0.38 acres
HOA
$200/mo
Listed by Jancovech Real Estate, LLC
Property Details
Features
Lot Features
Fencing
Waterfront
Verified property facts
2505 Hancock Ave 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.
2505 Hancock 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 2505 Hancock Ave is $1,129. 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 ($19,980) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 2505 Hancock Ave is around $612 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.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+386.0% | — | $49,334 | $49,334 | — |
2021 | — | $10,150 | $15,225 | — |

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.
20% ($20K)
$99,900
Luxury property intelligence
A sourced read on Highland Lake Estates Sec 18 pricing, timing, and property scale. No automated valuation claim.
List price
$99,900
Price per sqft
Not available
Vs. Highland Lake Estates Sec 18 median
Not available
Days on market
2 days
Original to current
No verified reduction
$99.9K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 31, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $99,900, 2505 Hancock Ave is in the Highland Lake Estates Sec 18 market where there are currently 257 active listings in 78645. The Keenan Group has completed 6 transactions in 78645 as part of 1,000+ career sales totaling $1B+ across Austin.
2505 Hancock Ave includes verified waterfront access: See Remarks,Dry/Seasonal,Lake Privileges,Stream. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
2505 Hancock Ave is part of a managed community with HOA dues of $200 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.
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 |
|---|---|---|---|---|
| — |
| $49,334 |
| $49,334 |
| — |
2021 | — | $10,150 | $15,225 | — |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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