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Residential Buildable Homesite in Gated Community
For Sale
$495,000

206 Palazza Alto Dr, Austin, TX 78734

Build on a 1.17-acre homesite in a gated Lakeway community with planned residential design resources available.

Property SizeContact for details
Lot Size1.17 Acres
Days on Market291

Property Features for 206 Palazza Alto Dr

General Information

Standard status Active
Lot size 1.17 Acres
Property subtype Land
Listing Agency: LaVache Property Group
Listed By: Kimberly Mills
Source: Exprealty
Added: Oct 22, 2025 Changed: Aug 8 Last Checked: Jul 16 at 10:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LaVache Property Group

Investment Insights

Based on property information with market context.

This offering is a buildable residential homesite totaling approximately 1.17 acres within the gated community of Bell Montagna. The property is described as being positioned to take advantage of panoramic views, with an ideally north-facing orientation intended to minimize exposure to the west-setting sun. A completed custom design plan for a house is available upon request, including an approximately 4,800-square-foot concept featuring four bedrooms, four bathrooms, a private study, a game room, and a four-car side garage. Buyers can modify the plan, with final plans subject to HOA approval.

The property is located at 206 Palazza Alto Dr in Lakeway, Texas, within Bell Montagna. The community provides resort-style amenities that include championship golf courses, tennis facilities, marinas, and upscale shopping and dining. Access is through a gated entrance, supporting privacy and security for residents.

For buyers looking to construct a custom home, this lot offers a sizable canvas and a concrete example of an HOA-submittable plan, which can help guide early design decisions. The north-facing orientation and view-focused description may also appeal to homeowners who value daily livability and outdoor light control while planning a Hill Country-style retreat within an amenity-rich, gated neighborhood.

Key Highlights

  • 1.170‑acre homesite in the gated Bell Montagna community in Lakeway, TX
  • North‑facing lot positioned to minimize exposure to west‑setting sun
  • Panoramic views as noted in the listing

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Auto Parts Store Restaurant Big Box & Wholesale Store Furniture & Home Goods Grocery & Convenience Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

599
Businesses Nearby

Demographics for 78734, TX

22,963
Population
10,885
Households
2.1
Avg Household Size
47
Median Age
59%
College-Educated
94%
High-School Grad
18.9 sq mi
ZIP Area
1,215
Density / Sq Mi
$129,116
Median Household Income
$67,881
Median Earnings
$1,930
Median Rent
$626,100
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Build on a 1.17-acre homesite in a gated Lakeway community with planned residential design resources available.
Where is this residential land & home lot located?
The property is located at 206 Palazza Alto Dr Austin, TX.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 1.170‑acre homesite in the gated Bell Montagna community in Lakeway, TX; North‑facing lot positioned to minimize exposure to west‑setting sun; Panoramic views as noted in the listing
More about this property
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