#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
$313
HOA
$100/year
Garage
4 spaces
Pool
Yes
Listed by Pure Realty
Verified property facts
4205 Park DR is listed at $1,300,000 with 4 bedrooms, 2 full, 2 half bathrooms, 4,156 square feet, 4.34-acre lot. This places it above the ZIP 78645 single-family closed-sale median price of $1,176,997 (ZIP 78645 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 4, 2026).
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 listed by Pure Realty. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 5, 2026.
This page does not assume a mortgage rate or publish a monthly payment for 4205 Park DR. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
#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
1 record on file
Every recorded listing, sale, and lease at 4205 Park DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price Change 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% ($260K)
Adjustable assumption - not a lending recommendation.
$1,300,000
Luxury property intelligence
A sourced read on Lakeshore Ranch 01 Resub pricing, timing, and property scale. No automated valuation claim.
List price
$1,300,000
Price per sqft
$313/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
105 days
Original to current
$300K reduction
$1.6M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 5, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
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
As of Sep 5, 2026, 4205 Park DR is offered at $1,300,000. The current MLS snapshot shows 258 active listings in 78645. Keenan Group has completed 6 verified transactions in 78645 within its 1,000+ completed transactions and $1B+ career volume across Austin.
The MLS listing marks 4205 Park DR as waterfront. The reported waterfront feature is Lake Front, Waterfront. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.
The MLS listing reports HOA or association dues of $100 annual for 4205 Park DR. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.
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
Current Price
$1,300,000
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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