— bed, — bath on 40.71 acres in Leander. Leander, TX 78645. $4,200,000. Lago Vista ISD.
About This Home
This 40 + acre tract offers privacy and seclusion with direct lake access to Lake Travis. Ready for residential or commercial development that borders The Hollow's Subdivision with no restrictions. The property offers a variety of landscapes with lake views and is surrounded by nature. The property currently holds an agriculture exemption.
At $4.20 million for 40.7135 acres with direct Lake Travis access, OLD BURNET RD Old Burnet Rd stands out for scale, shoreline setting, and flexibility. In Leander area of Leander, this Land - Unimproved Land offering brings a rare combination of privacy, lake orientation, and development potential in Travis County.
The site totals about 1,773,480 square feet, which puts the asking price at roughly $2.37 per land square foot. There is no home square footage, bedroom count, bathroom count, or year built because this is unimproved land. That matters. Buyers are not paying for an older structure or someone else's floor plan. They are paying for acreage, frontage, access, and options. Public listing information also notes no restrictions, an agriculture exemption, lake frontage, and a landscape mix that includes gentle slopes, mature trees, open views, and water outlooks.
Location is a major part of the story here. The tract sits off Old Burnet Road near the entrance sequence from RM 1431 toward Leander and before central Lago Vista, with the property reached about 2.5 miles down Old Burnet Road according to listing directions. Lake Travis is the defining landmark, but the surrounding road network matters too. RM 1431 is the main east-west corridor connecting this stretch of the north shore to Leander, Cedar Park, and the broader Austin area. Leander itself is a known lake community, so this position places the land beside an established residential enclave rather than in an isolated pocket with no context.
Public listing sources identify Lago Vista ISD for this address, with Lago Vista Elementary School, Lago Vista Middle School, and Lago Vista High School noted as the assigned campuses. School ratings are not provided in the available listing data, and the seller materials do not list additional property features beyond the land characteristics and access profile. Days on market are just one, which signals fresh inventory in a part of the Lake Travis shoreline where large contiguous tracts do not surface often.
For a buyer looking at estate development, long-hold land banking, or a commercial or residential concept near Lake Travis, OLD BURNET RD Old Burnet Rd in Leander area of Leander offers something the market does not replace easily: 40.7135 acres, direct water access, and room to shape future value on one of the most watched growth fronts west of Austin.
The numbers behind this insight
- Offered at
- $4,200,000
- Listed
- January 6, 2026
Keenan Luxury Market Index: $3M-$5M single-family homes across the Austin area sold at a median $734 per sq ft over the trailing 12 months (181 sales), as of October 15, 2026.
- Property Type
- Land
- Lot Size
- 40.71 acres
Listing information last updated March 16, 2026.
Listed by Hecht Real Estate Group
MLS# 8637640 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Agricultural
- Gentle Sloping
- Trees-Large (Over 40 Ft)
- Trees-Medium (20 Ft - 40 Ft)
- Trees-Moderate
- Views
- Lot Size
- 40.71 Acres
- Waterfront
- Yes
Financial
- Original List Price
- $4,200,000
Utilities
- Electricity Available
- Water Available
Transaction History
1 record on file
Every recorded listing, sale, and lease at OLD BURNET RD Old Burnet Rd, whoever represented it.
- ActiveListed 2026Current price: $4,200,000Original list: $4,200,000MLS 8637640
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $4,200,000
- Original list
- $4,200,000
- Price movement
- No verified reduction
- Listed / DOM
- Jan 6, 2026 · 282 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $3,741
- Assessment Year
- 2025
- Parcel ID
- 000000543537
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-99.6% | — | $3,741 | — | — |
2021 | — | $842,769 | $842,769 | — |
Zoned Schools
Lago Vista
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($840K)
Adjustable assumption - not a lending recommendation.
$4,200,000
Luxury property intelligence
Keenan Market Position
A sourced read on Leander pricing, timing, and property scale. No automated valuation claim.
List price
$4,200,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
282 days
Original to current
No verified reduction
$4.2M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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