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21603 Thomas Cv
Lago Vista, TX 78645
R4 Zoned | Duplexes, Townhomes, Apartments · Land For Sale · 1.74 AC

INVESTMENT HIGHLIGHTS

  • Prime 1.74 Acre R4 Development Site
  • Lake Views
  • Includes Luxury Home

PROPERTY FACTS

Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Planned Unit Development
  • Police or Fire Station
  • Single Family Development
  • Single Family Residence
Total Lot Size 1.74 AC
Zoning R4 - R-4 zoning is designated for medium-density residential development, including single-family homes, duplexes, townhomes or apartments.

DESCRIPTION

Unmatched opportunity in Lago Vista: a fully cleared, flat, 1.74-acre R4-zoned development tract with full utilities, expansive Lake Travis views, and an immaculately built 2,500 sq. ft. modern home already on-site. This property checks every box for developers—utilities in place, easy access, flexible zoning, and premier topography that supports efficient construction. Architect-prepared concept plans illustrate the potential for 5 duplex buildings (10 units) while preserving the existing home for use as a rental, owner residence, or sales office. Ideal for multifamily, duplex communities, townhomes, condos, or assisted living projects. Quiet street, exceptional views, and strong demand for quality housing in Lago Vista make this a standout site in one of the fastest-growing pockets of the North Shore. Expansion Available: Owner is also willing to sell the adjoining 1.86-acre R4 tract, creating a combined 3.6-acre development supporting up to 14 duplex buildings (28 units). A turnkey, high-value development opportunity rarely offered in this market.

  • Listing ID: 38495214

  • Date on Market: 11/18/2025

  • Last Updated:

  • Address: 21603 Thomas Cv, Lago Vista, TX 78645

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