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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Verified property facts
551 Lake View Dr is zoned for Marble Falls ISD with assigned schools: Spicewood (Marble Falls ISD) (elementary), Marble Falls (middle), Marble Falls (high). School assignments should be verified directly with the district.
551 Lake View 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 551 Lake View Dr is $7. 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 ($99,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 551 Lake View Dr is around $2,590 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.
THE LAKE IS UP!!! Tucked away on 7.74 acres of prime lakefront, this isn’t just land, it’s your opportunity to create something truly unforgettable in a gated community. Towering, majestic trees frame the property, offering a rare blend of privacy, beauty, and wide-open potential, whether you’re envisioning a luxury lake retreat, modern farmhouse, or a legacy property to pass down for generations. And it gets even better, taxes are less than $7 a year thanks to the agricultural exemption. Now that the lake is up, the vision truly comes to life! This property is even more stunning in person today. Opportunities like this are rare: acreage, lakefront, with an ag exemption, so bring your dock, bring your vision, and secure your slice of lakefront paradise before it’s gone.
Property Type
Land
Lot Size
7.74 acres
HOA
$1452/mo
Listed by Townes LLC
Property Details
Lot Features
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% ($100K)
$499,000
Luxury property intelligence
A sourced read on Lake Oaks Ranch pricing, timing, and property scale. No automated valuation claim.
List price
$499,000
Price per sqft
Not available
Vs. Lake Oaks Ranch median
Not available
Days on market
10 days
Original to current
No verified reduction
$499K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 7, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $499,000, 551 Lake View Dr is in the Lake Oaks Ranch market where there are currently 247 active listings in 78669. The Keenan Group has completed 9 transactions in 78669 as part of 1,000+ career sales totaling $1B+ across Austin.
551 Lake View Dr includes verified waterfront access. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
551 Lake View Dr is part of a managed community with HOA dues of $1,452 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.
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