Skip to content
Keenan Group#1 Austin Board of Realtors Team 2024

$1,300,000

4Beds
2.2Baths
4,156Sq Ft
4.34 acresLot

4205 Park Dr, Lago Vista, TX 78645

Reduced 19%$1,600,000
Lago Vista·MLS# 8647391·Built 1997·151 days on market

4 bed, 2 bath, 4,156 sqft on 4.34 acres in Lago Vista. Lago Vista, TX 78645. $1,300,000. Lago Vista ISD.

About This Home

Welcome to 4205 Park Drive in Lago Vista, a rare 4.3-acre waterfront property offering the serenity, space, and natural beauty of Hill Country living with direct lake access. Priced below appraised value, this 4-bedroom, 2-full-bath, 2-half-bath home is being sold as-is and presents an incredible opportunity for a buyer with vision.

Surrounded by mature trees and sweeping water views, the property offers a peaceful retreat where you can enjoy boating, outdoor recreation, entertaining, and quiet evenings by the lake. Inside, multiple spacious living and gathering areas provide a strong foundation for creating a truly remarkable lakeside home.

Recent improvements offer a valuable head start, including approximately $20,000 in new flooring, fresh interior paint, new faucets, updated light fixtures excluding ceiling fans, new LED ballasts, a smart-key system, a Ring doorbell, and all stainless steel kitchen appliances.

A large garage and dedicated workshop or boat-storage area provide added functionality for watercraft, hobbies, and recreational equipment. With waterfront access, generous acreage, and endless potential, this property captures the relaxed lifestyle and scenic surroundings that make Lago Vista so special.

Opportunities combining acreage, spacious and direct waterfront access (258 ft) provides plenty of room for a large boat dock, and a price below appraisal are increasingly rare. Bring your vision and transform this uniquely positioned property into the Hill Country lake retreat you have been dreaming of.

Property Type
Residential
Year Built
1997
Lot Size
4.34 acres
Price / Sq Ft
$313
HOA
$100/year
Garage
4 spaces
Pool
Yes

Listing information last updated October 15, 2026.

Listed by Pure Realty

MLS# 8647391 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Private pool and outdoor entertaining setup
4-car garage with additional parking capacity
Generous 4.34-acre lot
Two Primary Suties
Ceiling Fan(s)
Quartz Counters

Facts & Features

Interior

Features

  • Two Primary Suties
  • Ceiling Fan(s)
  • Quartz Counters
  • In-Law Floorplan
  • Kitchen Island
  • Primary Bedroom on Main
  • Soaking Tub
  • Storage
  • Walk-In Closet(s)

Appliances

  • Dishwasher
  • Microwave
  • Free-Standing Electric Range
  • Refrigerator
  • Stainless Steel Appliance(s)

Flooring

  • Tile
  • Wood
Heating
Central
Cooling
Ceiling Fan(s),Central Air
Fireplaces
1
Exterior & Lot

Features

  • Balcony
  • Rain Gutters
  • Private Entrance
  • Private Yard

Construction

  • Masonry – All Sides
  • Stone

Lot Features

  • Back Yard
  • Front Yard
  • Interior Lot
  • Landscaped
  • Native Plants
  • Trees-Heavy
  • Many Trees
  • Trees-Medium (20 Ft - 40 Ft)
  • Views

Fencing

  • Chain Link
  • Wood

Foundation

  • Slab

Patio / Porch

  • Covered
  • Deck
  • Rear Porch
Roof
Composition,Shingle
Lot Size
4.34 Acres

Parking

  • Additional Parking
  • Garage
  • Garage Door Opener
Garage Spaces
4
Pool
Yes

Waterfront

  • Lake Front
  • Waterfront
Financial
HOA Fee
$100 / year
Original List Price
$1,600,000
Price per Sq Ft
$313
Utilities
  • Cable Available
  • Electricity Connected
Water Source
Public
Sewer
Septic Tank

Transaction History

1 record on file

Every recorded listing, sale, and lease at 4205 Park DR, whoever represented it.

  1. ActiveListed 2026
    Current price: $1,300,000Original list: $1,600,000MLS 8647391
    1. Listed · May 23, 2026$1,600,000
    2. Price changed · July 17, 2026$1,490,000
    3. Price changed · August 29, 2026$1,300,000

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

Explore this area

Price & Listing History

Price Change with current price, original ask, and market time.

View Timeline
Current list
$1,300,000
Original list
$1,600,000
Price movement
$300K reduction
Listed / DOM
May 23, 2026 · 151 days

Virtual Tour

Virtual tour of 4205 Park Dr
Map showing 4205 Park DR
4205 Park DR
Directions

Zoned Schools

Lago Vista ISD →

1 High School

Lago Vista

High SchoolGrades 9-12Zoned assignment

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.

Principal & interest
$7,201
HOA dues
$8

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 2026-10-15T23:07:12.416+00:00; normalized from annual dues.

20% ($260K)

Adjustable assumption - not a lending recommendation.

$1,300,000

Loan: $1.0M
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
Get Pre-Qualified

Luxury property intelligence

Keenan Market Position

A sourced read on Lago Vista 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

151 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 Oct 15, 2026.

Request Private Market Analysis

More sales nearby

Homes sold by Keenan Group.

Verified property facts

Frequently Asked Questions

How much is 4205 Park Dr?

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 $454,500 (ZIP 78645 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 19, 2026).

What school district is 4205 Park Dr in?

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.

What are the property details for 4205 Park Dr?

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.

How should a buyer estimate the monthly payment for 4205 Park Dr?

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.

How does 4205 Park Dr compare with other homes in Lago Vista?

As of Oct 15, 2026, 4205 Park Dr is offered at $1,300,000. The current MLS snapshot shows 222 active listings in 78645. Keenan Group has completed 7 verified transactions in 78645 within its 1,000+ completed transactions and $1B+ career volume across Austin.

What is the water access at 4205 Park Dr?

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.

What is the community structure at 4205 Park Dr?

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.

Why Choose the #1 Austin Board Team for Lago Vista

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

Explore Nearby Areas

School District

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/15/2026, 6:07:12 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Use or search of this IDX data by anyone other than a consumer looking to purchase real estate is prohibited. Automated collection, scraping, republication, or redistribution is prohibited.

Last updated: 10/15/2026, 6:07:12 PM

DMCA Notice · Privacy Policy · Terms