
The Villas at Canyon Highland – A Rare Shovel-Ready Development Opportunity
The Villas at Canyon Highland presents a premier residential development opportunity in the highly desirable Lake Travis market. This unique collection of multifamily lots is ideally suited for an attached townhome community of 22+ units, offering a product type and price point that is increasingly difficult to find.
Situated between Highland Lakes Golf Course and a scenic canyon with Lake Travis views, the property combines natural beauty, privacy, and convenience. The site features rolling terrain, an improved dead-end road, and existing underground utilities, including water, wastewater, and electricity—significantly reducing development costs and accelerating timelines.
Surrounded by high-end custom homes, the project is fully shovel-ready, allowing developers to move quickly from acquisition to construction. An additional advantage is the adjacent single-family residence, available for purchase or lease, which could serve as a construction office, sales center, or model home.
Lago Vista continues to attract a diverse buyer pool, including young families, downsizers, second-home owners, and those seeking low-maintenance living near Lake Travis. With entitled lots, infrastructure already in place, and strong market demand, The Villas at Canyon Highland offers a rare cost-per-unit opportunity in one of Central Texas’ fastest-growing communities.
For developers, investors, and builders seeking a ready-to-execute project with strong market appeal and accelerated delivery potential, The Villas at Canyon Highland stands apart from the competition.
Property Type
Land
Lot Size
4.00 acres
Listed by Compass RE Texas, LLC
Property Details
Lot Features
Waterfront
Verified property facts
9063-9068 Bell LN 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.
9063-9068 Bell LN 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 ($120,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 9063-9068 Bell LN is around $4,213 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $600,000, 9063-9068 Bell LN is in the Highland Lake Estates market where there are currently 254 active listings in 78645. The Keenan Group has completed 6 transactions in 78645 as part of 1,000+ career sales totaling $1B+ across Austin.
#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.

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% ($120K)
$600,000
Luxury property intelligence
A sourced read on Highland Lake Estates pricing, timing, and property scale. No automated valuation claim.
List price
$600,000
Price per sqft
Not available
Vs. Highland Lake Estates median
Not available
Days on market
18 days
Original to current
No verified reduction
$600K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 11, 2026.
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District guide, nearby schools, and homes by attendance area
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#1 ABOR Team 2024 with $1B+ career sales volume
9063-9068 Bell LN includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Best Match
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Recent sales for market context