21201 La Paloma Dr Lago Vista, TX 78645
This exceptional 0.43-acre lot presents a unique investment opportunity in Lago Vista, Texas. Located at 21201 La Paloma Dr, 78645, this property boasts dual commercial and residential zoning under the City of Lago Vista's permitted use guidelines. The APN is 017587. The land features rolling terrain with elevated views, offering a picturesque setting for various development possibilities. Importantly, this property is not located within a FEMA-designated flood plain, eliminating flood hazard concerns. The asking price is $55,000. This presents a compelling opportunity for developers or investors seeking a versatile parcel in a desirable Texas location. The property's dual zoning allows for a wide range of potential uses, making it an attractive prospect for those seeking flexibility in their development plans. The elevated views and rolling terrain add to the aesthetic appeal and potential value of the property. This is a rare opportunity to acquire a well-situated lot in a growing community. The absence of flood risk further enhances its desirability. Serious inquiries are encouraged.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.