#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
Welcome to 4205 Park Dr. in Lago Vista — a rare 4.3-acre waterfront opportunity priced below Travis County’s appraised value and ready for its next chapter. Set on an expansive lakeside lot, this 4-bedroom, 2 full bath, 2 half bath home is being sold as-is and is perfect for a buyer with vision.
The property is ready for thoughtful updates to bring its full potential to life. Recent improvements already completed include $20,000 worth of new flooring, new faucets, fresh interior paint throughout, new light fixtures (excluding fan fixtures), new LED ballasts, a new smart key system, a new Ring doorbell, a stainless steel refrigerator, and a stainless steel stove — giving future owners a valuable head start on renovations.
With several spacious living and entertaining areas, the home offers a strong foundation for a stunning reimagined retreat. The generous layout includes a large garage plus a dedicated workshop/boat storage space, making it ideal for lake living and hobbyists alike. Sweeping water views, mature trees, and direct lake access elevate the setting and give the next owner a remarkable canvas to work with.
Opportunities like this — acreage, waterfront, and below appraisal — rarely hit the market. Bring your vision and unlock the full potential of this uniquely positioned Lago Vista property.
Property Type
Residential
Year Built
1997
Lot Size
4.34 acres
$/Sq Ft
$385
HOA
$100/mo
Garage
8 spaces
Pool
Yes
Listed by Pure Realty
Verified property facts
4205 Park DR is listed at $1,600,000 with 4 bedrooms, 2 full, 2 half bathrooms, 4,156 square feet, 4.34-acre lot. This places it above the 78645 median of $1,025,000.
4205 Park DR 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.
4205 Park DR is a Residential built in 1997 featuring 4 bedrooms, 2 full, 2 half bathrooms, 4,156 square feet, 4.34-acre lot.
4205 Park 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.
With 20% down ($320,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 4205 Park DR is around $11,235 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
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Listed 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.
20% ($320K)
$1,600,000
Luxury property intelligence
A sourced read on Lakeshore Ranch 01 Resub pricing, timing, and property scale. No automated valuation claim.
List price
$1,600,000
Price per sqft
$385/sqft
Vs. Lakeshore Ranch 01 Resub median
Not available
Days on market
29 days
Original to current
No verified reduction
$1.6M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 20, 2026.
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
At $1,600,000, 4205 Park DR is in the Lakeshore Ranch 01 Resub market where there are currently 263 active listings in 78645. The Keenan Group has completed 6 transactions in 78645 as part of 1,000+ career sales totaling $1B+ across Austin.
4205 Park DR includes verified waterfront access: Lake Front,Waterfront. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
4205 Park DR is part of a managed community with HOA dues of $100 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.
1 event on record
Current Price
$1,600,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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