212 Angel Light Dr Spicewood, TX 78669
This exceptional 9-acre commercial lot in the exclusive, gated Angel Bay community on Lake Travis offers unparalleled luxury and convenience. Priced at $3,395,000, this property includes lakefront access with two deep-water boat slips. The lot is situated within a community of multi-million dollar homes and estates, all on sizable lots, and is served by the exemplary Lake Travis ISD. Horses are permitted. A concept plan for a 4,597 square foot home is available, featuring four bedrooms, four bathrooms, a pool, patio, and expansive outdoor living areas with stunning lake views. Detailed plans are available for review. Residents enjoy access to a private, gated waterfront community park, easily accessible by golf cart. The property's location provides a convenient commute, just 15 minutes from the Hill Country Galleria, offering various shopping, dining, and entertainment options, and 40 minutes from downtown Austin. This highly sought-after location presents a rare opportunity to own a substantial acreage lot in one of Lake Travis' finest gated communities. The lot is divisible, with a minimum of 4 acres per division. The asking price reflects the inclusion of the home construction plan
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.