Waterfront Land with Lake
For Sale
$495,000
W FM 2147 Lot 1, Cottonwood Shores, TX 78657
Land, Cottonwood Shores, TX
Property SizeContact for details
Lot Size1.58 Acres
Days on Market1057
Property Features for W FM 2147 Lot 1
General Information
Property type
Land
Property subtype
Other
Subdivision
Castle Mountain
View
Lake
Elementary school district
Marble Falls
Middle school district
Marble Falls
High school district
Marble Falls
Directions
Hwy 281 south from Austin, turn west on FM 2147 for approx 8 miles
Standard status
Active
APN
117325
Lot size
1.58 Acres
Taxes and HOA fees
Tax Description
S3615 CASTLE MOUNTAIN ESTATES LOT 1 1.58
Legal Description
S3615 CASTLE MOUNTAIN ESTATES LOT 1 1.58
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Water source
Public
Listing Agency:
Compass RE Texas, LLC
(512) 575-3644
Listed By:
Jeannie Roddy · License #00941946
(512) 720-9920
Added: Oct 13, 2023
Changed: Aug 21
Last Checked: Sep 3 at 7:06PM
MLS# 166296
Copyright © 2026 Highland Lakes Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1.58-acre waterfront land parcel is located on the east side of Castle Mountain and offers views over Lake Lyndon B. Johnson. The property is described as Mixed Use/PUD/Commercial, with public water, public sewer, and electricity available. The lot is gated and carries no HOA.
The setting includes views toward Horseshoe Bay and Marble Falls, with sunsets and nighttime illumination visible across the surrounding area. Horseshoe Bay Resort, restaurants, golf courses, and water sports are identified nearby. Austin is just over an hour away. The property is addressed as W FM 2147 Lot 1 in Cottonwood Shores, Texas.
The setting includes views toward Horseshoe Bay and Marble Falls, with sunsets and nighttime illumination visible across the surrounding area. Horseshoe Bay Resort, restaurants, golf courses, and water sports are identified nearby. Austin is just over an hour away. The property is addressed as W FM 2147 Lot 1 in Cottonwood Shores, Texas.
Key Highlights
- 1.58‑acre waterfront land parcel
- Mixed Use/PUD/Commercial designation
- Views over Lake Lyndon B. Johnson from the east side of Castle Mountain
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
100
Businesses Nearby
Explore this area
Business Placement
Demographics for 78657, TX
6,531
Population
5,272
Households
1.2
Avg Household Size
60
Median Age
47%
College-Educated
96%
High-School Grad
38.8 sq mi
ZIP Area
168
Density / Sq Mi
$93,699
Median Household Income
$39,907
Median Earnings
$1,406
Median Rent
$470,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Mixed-use land with PUD and commercial designation, public water and sewer, and electricity available.
Where is this waterfront land located?
The property is located at W FM 2147 Lot 1 Cottonwood Shores, 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: 1.58‑acre waterfront land parcel; Mixed Use/PUD/Commercial designation; Views over Lake Lyndon B. Johnson from the east side of Castle Mountain
