
Experience the Ultimate Hill Country Waterfront Retreat
Welcome to your private slice of paradise on Lake Travis—located in the exclusive, gated community of Dos Rios. This breathtaking 23-acre waterfront ranch offers 750 feet of shoreline, providing unmatched tranquility and endless possibilities for lakeside living.
Perched directly across from Pace Bend Park, your views are completely unobstructed by neighboring homes or boat docks—just pure, serene nature as far as the eye can see. Whether you're planning to build a legacy estate, a luxury second home, or a private family compound, you'll find multiple premier build sites nestled under majestic oak canopies.
23 Acres in Gated Community. 750 Ft of Waterfront with Private Cove. Wildlife Exemption for Low Taxes. Multiple Build Sites with Scenic Views. Abundant Wildlife – Whitetail deer and native fauna. Unspoiled Views across from Pace Bend Park. Easily Accessible – Paved Roads just West of Lago Vista.
Whether you envision morning coffee by the water, sunset strolls under ancient oaks, or simply a quiet place to recharge—this property delivers the ideal backdrop for your Hill Country dream.
Come take a private tour and imagine the possibilities.
Property Type
Land
Lot Size
22.96 acres
Listed by Kuper Sotheby's Int'l Realty
Verified property facts
Lot 5 Colorado Canyon DR is listed at $3,800,000 with 0 bedrooms, 22.96-acre lot. This places it above the ZIP 78654 single-family closed-sale median price of $1,325,000 (ZIP 78654 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 10, 2026).
Lot 5 Colorado Canyon DR is zoned for Marble Falls ISD with assigned schools: Marble Falls (elementary), Marble Falls (middle), Marble Falls (high). School assignments should be verified directly with the district.
Lot 5 Colorado Canyon DR is listed by Kuper Sotheby's Int'l Realty. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 11, 2026.
The most recent annual property tax for Lot 5 Colorado Canyon DR is $41. 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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Lot Features
Waterfront
1 record on file
Every recorded listing, sale, and lease at Lot 5 Colorado Canyon DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $2,663 | — | — |

Marble Falls ISD
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% ($760K)
Adjustable assumption - not a lending recommendation.
$3,800,000
Luxury property intelligence
A sourced read on Dos Rios at Chimney Oaks pricing, timing, and property scale. No automated valuation claim.
List price
$3,800,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
469 days
Original to current
$450K reduction
$4.3M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 11, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
This page does not assume a mortgage rate or publish a monthly payment for Lot 5 Colorado Canyon DR. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 11, 2026, Lot 5 Colorado Canyon DR is offered at $3,800,000. The current MLS snapshot shows 181 active listings in 78654. Keenan Group has completed 1 verified transactions in 78654 within its 1,000+ completed transactions and $1B+ career volume across Austin.
The MLS listing marks Lot 5 Colorado Canyon DR as waterfront. The reported waterfront feature is Waterfront. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
5 events on record
Current Price
$3,800,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $2,663 | — | — |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Comparable homes that recently closed in this area
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Dos Rios at Chimney Oaks
Active listings near Lot 5 Colorado Canyon DR
Recent sales for market context