Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2938 Westlake Cv Austin, TX 78746

    Sponsored
    For Sale
    $4,500,000

    Prime Austin land, lake access, two boat slips.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.08-acre property in Austin, Texas, presents a unique investment opportunity. Located at 2938 Westlake Cove, 78746, in Travis County, this land parcel offers direct access to Lake Austin via a community boat dock, complete with two included boat slips. The property includes a 1,472 square foot, two-bedroom, two-bathroom house, ideal for use as a guest house or rental property, eliminating waterfront fees and taxes typically associated with lakefront properties. The existing house features an open floor plan, abundant natural light from its east-facing orientation, and a relaxing terrace. The wooded lot provides a secluded setting, while still enjoying convenient access to the lake and community amenities. This property is zoned residential and presents significant potential for development, combining the benefits of lake access with the privacy of a secluded wooded lot. The asking price is $4,500,000. This is a rare opportunity to acquire a substantial land parcel with existing structures and direct lake access in a highly desirable Austin location.

    Property Features for 2938 Westlake Cv

    General Information

    Property type
    Land
    Lot Size
    47,045 SF

    HighLights

    • One‑acre lakefront lot, ready for development.
    • Enjoy direct lake access with no waterfront fees or taxes.
    • Includes a rentable house or guesthouse.
    • Property features two boat slips and dock access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Building Supply Auto Repair Shop Gym & Fitness Pharmacy Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.7810849
    Latitude
    30.3115568

    Nearby Similar for Sale

    • $575,000
      Pending

      Austin Duplex Near St. Edwards

      Duplex in South Austin near university, I-35, and downtown.
      1400 Saint Edwards Cir, Austin, TX 78704
      View Details
    • $3,486,706
      0.28 Acres

      Austin Condo Enclave Investment Opportunity

      Four newly constructed condos in South Central Austin.
      1500 2B, Austin, TX 78745
      View Details
    • $135,000
      306 SF

      Mixed-Use Condo in West Austin

      Commercial condo with utilities included, near Lake Travis.
      4229 324 Rd, Austin, TX 78732
      View Details
    • $179,000
      379 SF

      Austin Commercial Condo with Utilities

      Mixed-use condo with utilities, amenities, and lake views.
      4229 222 Rd, Austin, TX 78732
      View Details
    • $30,000
      2,600 SF

      Resort Home Fractional Share

      Fractional ownership in a resort home with high-end amenities.
      8212 Interest, Austin, TX 78735
      View Details
    • $325,000
      1,020 SF

      Updated Condo in Central Austin

      Updated 2-bedroom condo near UT campus and downtown Austin.
      2300 Hancock Dr, Austin, TX 78756
      View Details
    • $225,000

      Modern Condo in Crestview Neighborhood

      Charming 1 bed, 1 bath condo in North Austin.
      6324 N Lamar Blvd, Austin, TX 78752
      View Details
    • $4,500,000
      3,812 SF

      Historic Austin Property with Development Potential

      Historic property in West Campus with development and investment opportunities.
      2404 Rio Grande St, Austin, TX 78705
      View Details
    • $3,838,000

      Luxury Residence in The Modern

      Thoughtfully designed 3 bed, 3.5 bath residence with premium views.
      610 Davis St, Austin, TX 78701
      View Details
    • $438,000
      1,830 SF

      Updated Condo with Golf Views

      Updated condo with sunroom, golf course views, and convenient location.
      11310 Spicewood Club Dr, Austin, TX 78750
      View Details
    • $2,360,000
      3,772 SF

      Updated Home in Barton Creek

      Renovated home with scenic views, multiple living areas, and chef's kitchen.
      2305 Barton Creek Blvd, Austin, TX 78735
      View Details
    • $895,000
      1,742 SF

      Modern Oasis in Bouldin Neighborhood

      Modern, fully furnished home with luxury amenities and eco-conscious upgrades.
      2301 S 5Th St, Austin, TX 78704
      View Details

    FAQs

    What type of property is this?
    Land - Prime Austin land, lake access, two boat slips.
    Where is this land located?
    The property is located at 2938 Westlake Cv Austin, TX.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: One-acre lakefront lot, ready for development.; Enjoy direct lake access with no waterfront fees or taxes.; Includes a rentable house or guesthouse.
    (512) 537-1699
    Request Owner's contact information
    2938 Westlake Cv Austin, TX 78746
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2938 Westlake Cv
    Austin, TX 78746
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2938 Westlake Cv Austin, TX 78746
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.