
A rare development opportunity in the Highland Club Village area—this .187-acre vacant lot sits in the ETJ with minimal restrictions, offering exceptional flexibility for residential construction, STR potential, or future commercial use. Surrounded by Hill Country charm and located just minutes from Lake Austin, Lake Travis, Mansfield Dam Park, Lakeway, Bee Cave, and Four Points, this property provides an ideal blend of privacy and convenience.
This lot is located directly next to a .253-acre corner-lot property also available for purchase (MLS#6823482). Buy one or both for a total of .44 acres, offering added development potential, corner access, and the ability to create a larger project footprint. The street features an eclectic mix of million-dollar homes, lake cottages, and short-term rentals, making this a versatile and high-demand location.
Enjoy the low tax rate, proximity to public boat ramps, and access to the award-winning Lake Travis ISD. Whether you’re an investor, builder, or looking to design your own custom getaway, this lot presents endless opportunities in one of Austin’s most desirable lake-adjacent communities.
Property Type
Land
Lot Size
0.19 acres
Listed by Compass RE Texas, LLC
Property Details
Lot Features
Verified property facts
4000 Highland Dr is zoned for Lake Travis ISD with assigned schools: Lake Travis (5/10) (elementary), Hudson Bend (7/10) (middle), Lake Travis (8/10) (high). School assignments should be verified directly with the district.
4000 Highland Dr 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 4000 Highland Dr is $995. 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 ($40,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 4000 Highland Dr is around $1,121 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+31.5% | — | $65,728 | — | — |
2021 | — | $50,000 | $50,000 | — |
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% ($40K)
$200,000
Luxury property intelligence
A sourced read on Highland Club Village Sec 01 pricing, timing, and property scale. No automated valuation claim.
List price
$200,000
Price per sqft
Not available
Vs. Highland Club Village Sec 01 median
Not available
Days on market
193 days
Original to current
$66K reduction
$266K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 14, 2026.
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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
At $200,000, 4000 Highland Dr is in the Highland Club Village Sec 01 market where there are currently 194 active listings in 78734. The Keenan Group has completed 16 transactions in 78734 as part of 1,000+ career sales totaling $1B+ across Austin.
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 |
|---|---|---|---|---|
| — |
| $65,728 |
| — |
| — |
2021 | — | $50,000 | $50,000 | — |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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