2938 Westlake Cv Austin, TX 78746
- Commercial real estate
- 1.08 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2938 Westlake Cv
- Lot size
- 1.08 lot acres
- Property type
- Commercial real estate
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Austin
- County
- Travis
- State
- Texas
- Longitude
- -97.7810849
- Latitude
- 30.3115568
