000 Lohman Frd Rd Lago Vista, TX 78645
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Property Features for 000 Lohman Frd Rd
General Information
- Sale Condition
- 1031-exchange
- Property type
- Residential land & home lots
- Investment Type
- owner-user
- Square Feet
- 1,207,483 SF
- Lot Size
- 1,207,483 SF
Overview
Lago Vista Duplex Development Land
This 27.72-acre property is located in Lago Vista, Texas, and is fully entitled and permitted for duplex development, allowing for a total of 168 residential units. The site is adjacent to Lago Vista High School and neighboring Rancho Cielo, a luxury home community. It is approximately 5 miles from Waterford Marina and the shores of Lake Travis / Colorado River, offering access to waterfront marinas and recreational activities. Cedar Park and major retail, dining, and employment centers are about 15 miles away, with quick access to Highway 183 and the Austin metropolitan area. The property has city utilities available or nearby. The topography features gently rolling Hill Country terrain with scenic surroundings. The location, completed permitting, and residential potential make this property suitable for development or long-term investment. Lago Vista is experiencing growth, and duplex housing provides an affordable product type in this market. All key permits and entitlements are secured. The property has potential for rental income, build-to-rent, or for-sale duplex strategies, supported by local absorption rates and limited new inventory.
HighLights
- Investment Highlights 🏗️ Fully Permitted Development Site – Ready‑to‑build 27.72‑acre tract approved for 168 duplex units, saving significant time and entitlement risk. 📍 Prime Location in Lago Vista, TX – Strategically located next to Lago Vista High School and Rancho Cielo, a luxury home community, ensuring strong appeal for families and professionals. 🌊 Proximity to Lake Travis / Colorado River – Only 5 miles to Waterford Marina and other waterfront amenities, offering recreational lifestyle advantages for future residents. 🚗 Convenient Regional Access – Approximately 15 miles from Cedar Park and Highway 183, providing direct routes to major Austin‑area employment and retail centers. 🏡 High‑Demand Residential Market – Lago Vista continues to experience robust growth, driven by migration from Austin and expanding infrastructure. Duplex housing provides an affordable, high‑yield product type in this supply‑constrained market. 💡 Turnkey Development Opportunity – All key permits and entitlements secured, minimizing upfront development hurdles and accelerating time‑to‑market. 📈 Attractive Investment Metrics – Excellent potential for rental income, build‑to‑rent, or for‑sale duplex strategies, supported by strong local absorption rates and limited new inventory. 🌳 Scenic Hill Country Setting – Gently rolling terrain with beautiful natural views, ideal for a high‑quality community atmosphere.
Location Intelligence
Current Use by Public Records
Residential land & home ...
Map
- City
- Lago Vista
- State
- Texas
- Longitude
- -97.9683
- Latitude
- 30.4521
Nearby Comparable
Nearby Similar for Sale
FAQs
What type of property is this?
Residential land & home lot - Pre-approved land for duplex units
Where is this residential land & home lot located?
The property is located at 000 Lohman Frd Rd Lago Vista, TX.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: Investment Highlights
🏗️ Fully Permitted Development Site – Ready-to-build 27.72-acre tract approved for 168 duplex units, saving significant time and entitlement risk.
📍 Prime Location in Lago Vista, TX – Strategically located next to Lago Vista High School and Rancho Cielo, a luxury home community, ensuring strong appeal for families and professionals.
🌊 Proximity to Lake Travis / Colorado River – Only 5 miles to Waterford Marina and other waterfront amenities, offering recreational lifestyle advantages for future residents.
🚗 Convenient Regional Access – Approximately 15 miles from Cedar Park and Highway 183, providing direct routes to major Austin-area employment and retail centers.
🏡 High-Demand Residential Market – Lago Vista continues to experience robust growth, driven by migration from Austin and expanding infrastructure. Duplex housing provides an affordable, high-yield product type in this supply-constrained market.
💡 Turnkey Development Opportunity – All key permits and entitlements secured, minimizing upfront development hurdles and accelerating time-to-market.
📈 Attractive Investment Metrics – Excellent potential for rental income, build-to-rent, or for-sale duplex strategies, supported by strong local absorption rates and limited new inventory.
🌳 Scenic Hill Country Setting – Gently rolling terrain with beautiful natural views, ideal for a high-quality community atmosphere.
