5252 McCormick Mountain Dr, Austin, TX 78734

Perched above the shimmering waters of Lake Travis, 5252 McCormick Mountain Drive presents a rare opportunity to own a piece of true waterfront living in the scenic hills of Austin. The home’s most captivating feature greets you the moment you step inside—a breathtaking, unobstructed lake view framed by expansive windows, drawing the eye straight to the water’s edge. With generous waterfrontage and a panoramic vantage point, this property offers a setting few can rival. Sited on the main basin, this waterfront remained with water lapping its shoreline throughout the recent drought cycle. While the existing home offers a comfortable 3 bedrooms, 2 full bathroom floorplan along with 3 distinct living spaces, the primary value lies in the land, view, and potential for an exquisite build. Whether reimagining the existing residence or designing a custom-built dream estate, the setting provides a foundation for truly exceptional lakeside living. The home’s existing rear patio provides ample room to entertain, relax, or simply soak in the serenity of the lake. Located on McCormick Mountain Drive, this property combines the natural beauty of Lake Travis with proximity to Austin’s amenities, offering an ideal canvas for your waterfront vision. Whether you’re seeking a peaceful retreat or a bold architectural statement, 5252 McCormick Mountain Drive delivers a once-in-a-generation setting ready to be transformed. Security cameras are in use on the premises. Please note that the terrain is uneven and varies throughout the property. Enter at your own risk, and use caution when walking both indoors and outdoors.

Waterfront position is the defining advantage at 5252 McCormick Mountain Dr, a 4.968-acre tract in Austin with direct Lake Travis frontage and a main-basin setting that, according to the property record, kept water at the shoreline through the recent drought cycle. In a luxury lake market, that combination matters. Water access, acreage, and a stable relationship to the lake are the factors buyers cannot recreate later, and they are the factors that tend to hold value when inventory shifts.

The existing residence was built in 1993 and spans 4,082 square feet with 3 bedrooms, 2 full baths, 2 half baths, a fireplace, and a 3-car garage. The current floorplan provides a usable base with three distinct living spaces and a rear patio positioned to capture the water-facing orientation of the site. At $1.65M, or $404 per square foot, the pricing reads less like a play for interior finish level and more like a play for land, frontage, and long-term optionality. For sophisticated buyers, that distinction is critical. This is not simply a house on acreage. It is a waterfront parcel with an existing structure that can be improved, reworked, or used as the staging point for a more ambitious estate plan.

Location discipline matters just as much as the site itself. This property sits in Austin, TX 78734 in Travis County and feeds to Lake Travis ISD, with Lake Travis schools including Lake Travis Elementary, Lake Travis Middle, and Lake Travis High. For many buyers in this segment, school path is part of the asset review, even when the immediate purchase decision is driven by the water, the land, or a future build. Having the full Lake Travis track in place adds another layer of certainty to the property’s positioning.

The 215 days on market will draw attention, but that number needs context. Properties with nearly five acres on the waterfront often appeal to a narrower buyer pool because the decision is less about turnkey convenience and more about site judgment. Buyers who understand scarcity will see where the value sits here: in the combination of acreage, waterfront, school district, and a buildable vision anchored by a proven lakeside setting. That is the kind of property that rewards a buyer with patience, clarity, and a long view.