— bed, — bath on 1.26 acres in Lago Vista. Lago Vista, TX 78645. $850,000. Lago Vista ISD.
About This Home
Set on 1.258 acres of true lakefront along the Colorado River, your homesite offers the rare opportunity to design & build exactly how you want, w/ panoramic Hill Country & water views shaping every moment. Located within the gated Point Venture community, you’ll enjoy access to amenities that elevate your lifestyle—from golf, marina access, parks, & walking trails to nearby dining & local conveniences—while remaining connected to Lago Vista ISD & commuter routes into greater Austin. Your expansive lot invites endless possibilities for creating a private retreat, outdoor living spaces, & a custom home that fully captures the surrounding natural beauty, all w/ paved access, utilities available, & a setting that blends recreation, relaxation, & long-term potential.
At 400 Lakefront Drive in Point Venture, you're buying direct Colorado River frontage on 1.2577 acres of developable land in Lago Vista, one of the few remaining true waterfront opportunities in the greater Austin area. The gated Point Venture community provides controlled access to this 1,258-acre master-planned subdivision, where the entry gates mark the boundary between everyday Austin and a private residential enclave that has maintained its character for decades.
Your lot sits positioned for unobstructed panoramic views across the Colorado River toward the Hill Country, with the morning sun reflecting off the water defining your eastern exposure. The property fronts the water directly, eliminating any buffer between your future home and the landscape that gives this location its primary value. The site currently offers raw potential with paved road access already established and utilities available, meaning you're not building on raw county land but within an infrastructure-ready gated community.
Point Venture itself provides resort-style amenities that come with the development rights. The marina offers direct boat launch access on the Colorado River, critical for anyone considering waterfront living in Central Texas. Walking trails network through the community, and the 18-hole golf course anchors the property values across the subdivision. You're not isolated here; Lohmans Crossing Road provides direct connection to Highway 71, which routes you toward downtown Austin in approximately 35 minutes and connects to major employment corridors serving Oracle, Apple, Tesla, and Domain in North Austin.
Lago Vista ISD serves this property, with students attending Lago Vista Elementary, Lago Vista Middle School, and Lago Vista High School. The school district covers a smaller, tight-knit student population compared to larger Austin ISDs, which creates different educational dynamics worth evaluating directly with the district.
The 1.2577-acre footprint gives you genuine flexibility for home design. Whether you envision a traditional single-family residence, a modern architecture statement, or a luxury retreat built around water views, the lot size accommodates serious home building without feeling cramped against neighbors. Buildable land with Colorado River frontage in a gated community rarely comes available in this market. The combination of private water access, panoramic views, gated security, and proximity to Austin employment centers positions this as a generational holding opportunity for someone committed to building a personal legacy property on the water.
The numbers behind this insight
- Offered at
- $850,000
- Listed
- June 17, 2026
- Property Type
- Land
- Lot Size
- 1.26 acres
- HOA
- $140/mo
Listing information last updated June 17, 2026.
Listed by Spyglass Realty
MLS# 8652426 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Lot Size
- 1.26 Acres
- Lake Front
Financial
- HOA Fee
- $140 / mo
- Original List Price
- $850,000
Utilities
- Electricity Available
- Phone Available
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
2 records on file
Every recorded listing, sale, and lease at 400 Lakefront DR, whoever represented it.
- ActiveListed 2026Current price: $850,000Original list: $850,000MLS 8652426
- Listed · June 17, 2026$850,000
- ExpiredListed date not recordedCurrent price: $349,900Original list: $349,900MLS 2765523
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.
- Current list
- $850,000
- Original list
- $850,000
- Price movement
- No verified reduction
- Listed / DOM
- Jun 17, 2026 · 126 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $399,300
- Assessment Year
- 2025
- Parcel ID
- 000000150805
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+233.6% | — | $399,300 | $399,300 | — |
2021 | — | $119,700 | $31,145 | — |
Zoned Schools
Lago Vista
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.
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 2026-10-16T02:07:32.783+00:00; normalized from monthly dues.
20% ($170K)
Adjustable assumption - not a lending recommendation.
$850,000
Luxury property intelligence
Keenan Market Position
A sourced read on Lago Vista pricing, timing, and property scale. No automated valuation claim.
List price
$850,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
126 days
Original to current
No verified reduction
$850K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.
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