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    20405 Dawn Dr Lago Vista, TX 78645

    For Sale
    $450,000

    Prime .52-acre commercial lot, C-1 zoned.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    Exceptional commercial land opportunity in Lago Vista, Texas, awaits development. This 0.52-acre parcel, zoned C-1, comprises five contiguous, flat, and buildable lots, ideal for an office or retail project. Located in a thriving area, this property offers unparalleled convenience, situated within walking distance of the Police Station, City Hall, POA, Public Library, Metro Bus Stop, and Elementary School. The property's strategic location benefits from proximity to established businesses including Lowe's, CVS, the Post Office, Sonic, Ace Hardware, and the Lago Vista Retail Center. Lago Vista's desirable location in the Texas Hill Country, with lake access, boasts A+ rated schools and numerous amenities such as nine Lake Travis waterfront parks, a marina, boat ramps, a pool, fitness center, tennis courts, and playgrounds. This property presents a unique chance to capitalize on the commercial growth within this rapidly expanding lakeside community. The asking price is $450,000. Prospective buyers are responsible for verifying zoning, building requirements, utilities, and any applicable restrictions.

    Property Features for 20405 Dawn Dr

    General Information

    Property type
    Land
    Lot Size
    22,782 SF

    HighLights

    • Five commercial lots available.
    • C‑1 zoning.
    • 0.52‑acre parcel.
    • Level, buildable land.
    • Utilities readily available.
    • Priced at $499,999.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lago Vista
    County
    Travis
    State
    Texas
    Longitude
    -97.98423332216
    Latitude
    30.453310463296

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    FAQs

    What type of property is this?
    Land - Prime .52-acre commercial lot, C-1 zoned.
    Where is this land located?
    The property is located at 20405 Dawn Dr Lago Vista, TX.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Five commercial lots available.; C-1 zoning.; 0.52-acre parcel.
    (512) 994-7090
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    20405 Dawn Dr Lago Vista, TX 78645
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    20405 Dawn Dr Lago Vista, TX 78645
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