Welcome to 4205 Park Dr. in Lago Vista — a rare 4.3-acre waterfront opportunity priced below Travis County’s appraised value and ready for its next chapter. Set on an expansive lakeside lot, this 4-bedroom, 2 full bath, 2 half bath home is being sold as-is and is perfect for a buyer with vision. The property is ready for thoughtful updates to bring its full potential to life. Recent improvements already completed include $20,000 worth of new flooring, new faucets, fresh interior paint throughout, new light fixtures (excluding fan fixtures), new LED ballasts, a new smart key system, a new Ring doorbell, a stainless steel refrigerator, and a stainless steel stove — giving future owners a valuable head start on renovations. With several spacious living and entertaining areas, the home offers a strong foundation for a stunning reimagined retreat. The generous layout includes a large garage plus a dedicated workshop/boat storage space, making it ideal for lake living and hobbyists alike. Sweeping water views, mature trees, and direct lake access elevate the setting and give the next owner a remarkable canvas to work with. Opportunities like this — acreage, waterfront, and below appraisal — rarely hit the market. Bring your vision and unlock the full potential of this uniquely positioned Lago Vista property.
Bedrooms
4
Bathrooms
4
Square Feet
4,156
Lot Size
4.3386 acres
Year Built
1997
Garage
4 car
Tax Assessed
$1,959,012 (2025)
Type
Single Family
Status
Active
Shapiro Group
Last checked 1h ago.
As assigned by the MLS listing; verify with the district.
4205 Park Dr
Lago Vista, TX 78645
Loan Term
Est. Monthly Payment
$10,164
Property tax is figured on the 2025 assessed value of $1,959,012.
Estimates based on 6.5% rate. Actual payments may vary.
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