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3911 Lago Vista Dr 3 Unit Apartment Building $1,400,000 ($466,667/Unit) Austin, TX 78734
Investment Highlights
- • Panoramic Lake Travis views with spectacular sunrises, moonrises, and year-round scenic appeal
- • Main residence complemented by a detached guest apartment and separate studio, offering flexible accommodations and programming space
- • Rare boutique retreat and hospitality opportunity in the heart of Lakeway
- • Resort-style pool and multiple indoor/outdoor gathering spaces designed for memorable guest experiences
- • Minimal visibility of neighboring properties
- • Minutes from both Lake Austin and Lake Travis, marinas, golf courses, dining, shopping, and Austin's luxury residential market
Executive Summary
Boutique Retreat, Hospitality & Wellness Opportunity in Austin area. Create the kind of destination people travel to experience.
Hidden behind a private courtyard on approximately .8 acres, this distinctive Lakeway property presents a rare opportunity to create a destination that guests, clients, and members will remember. With panoramic Lake Travis views, resort-style outdoor living, a detached guest apartment, and a separate studio, the property is uniquely suited for buyers seeking to develop a boutique hospitality concept, wellness retreat, executive retreat, luxury lodging experience, coaching center, or other destination-oriented use, subject to buyer verification of zoning and permitted uses. The property's warm architectural character, exceptional privacy, and flexible layout create an atmosphere that feels more like a boutique resort than a traditional residence. Surrounded by mature trees with minimal visibility of neighboring properties, it offers an immersive guest experience while remaining just minutes from Lakeway amenities, marinas, golf courses, dining, Lake Austin, and Lake Travis. This is more than a real estate acquisition—it's an opportunity to create a distinctive destination in one of Central Texas' most desirable lake communities.
All prospective buyers should independently verify zoning, permitted uses, occupancy limits, licensing requirements, short-term rental regulations, parking requirements, accessibility standards, and any other governmental or operational approvals applicable to their intended use.
Hidden behind a private courtyard on approximately .8 acres, this distinctive Lakeway property presents a rare opportunity to create a destination that guests, clients, and members will remember. With panoramic Lake Travis views, resort-style outdoor living, a detached guest apartment, and a separate studio, the property is uniquely suited for buyers seeking to develop a boutique hospitality concept, wellness retreat, executive retreat, luxury lodging experience, coaching center, or other destination-oriented use, subject to buyer verification of zoning and permitted uses. The property's warm architectural character, exceptional privacy, and flexible layout create an atmosphere that feels more like a boutique resort than a traditional residence. Surrounded by mature trees with minimal visibility of neighboring properties, it offers an immersive guest experience while remaining just minutes from Lakeway amenities, marinas, golf courses, dining, Lake Austin, and Lake Travis. This is more than a real estate acquisition—it's an opportunity to create a distinctive destination in one of Central Texas' most desirable lake communities.
All prospective buyers should independently verify zoning, permitted uses, occupancy limits, licensing requirements, short-term rental regulations, parking requirements, accessibility standards, and any other governmental or operational approvals applicable to their intended use.
Property Facts
| Price | $1,400,000 | Apartment Style | Low-Rise |
| Price Per Unit | $466,667 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.85 AC |
| No. Units | 3 | Building Size | 3,224 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1962 |
| Price | $1,400,000 |
| Price Per Unit | $466,667 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.85 AC |
| Building Size | 3,224 SF |
| No. Stories | 1 |
| Year Built | 1962 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Fireplace
- Microwave
- Heating
- Ceiling Fans
- Tile Floors
- Double Vanities
- Kitchen
- Hardwood Floors
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Sunroom
- Views
- Walk-In Closets
- Yard
- Attic
- Deck
- Family Room
- Island Kitchen
- Workshop
Site Amenities
- Pool
- Guest Apartment
- Multi Use Room
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 884517 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $698,465 |
Property Taxes
Parcel Number
884517
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$698,465
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3911 Lago Vista Dr
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