2503 & 2505 Hancock Ave Ave, Lago Vista, TX 78645

Property Description

Exceptional Lake Travis Waterfront Development Opportunity – Two Adjacent R-4 Zoned Lots - Approx. 0.75 Acres. Zoned R-4 High Density Residential, the property allows for a variety of residential uses, including townhomes, duplexes, multifamily residences, or single-family construction, subject to City of Lago Vista approvals and development requirements. Build a one-of-a-kind custom estate overlooking Lake Travis, or a thoughtfully designed higher-density residential development. The property fronts a picturesque Lake Travis cove and seasonal creek with a natural waterfall, while mature Live Oak, Sycamore, and Elm trees provide a beautiful Hill Country setting on a development-ready site. Detailed boundary, topographic, elevation, and tree surveys are available. PEC Electric is across the street, available with a pedestal and meter set. Lago Vista water supply line is available for connection at the street, and public sewer is available via extension and tap in, or possible septic sewer. The lots may be purchased individually or together. Beyond the property itself, owners enjoy access to the outstanding Lago Vista Property Owners Association amenities, including waterfront parks, private boat ramps, swimming facilities, fishing access, fitness center, sports courts, and more. Hancock Park is located just down the street, while Cody Park and its public boat ramp are less than a mile away, offering easy access to Lake Travis. Buyers should independently verify all zoning, utility availability, development requirements, and intended uses with the City of Lago Vista. Property boundaries shown in marketing materials are approximate and provided for illustrative purposes only.

Listing Status:

Active

Data Last Updated:

August 28, 2026 at 7:18PM

Listing Office:

Jancovech Real Estate, LLC : (888) 440-4220

Listing Agent:

Kyle Jancovech : (512) 487-0284

MLS ID:

9817893

Exterior

• General: None
• Other Structures: None

Location

• Road/Access: Asphalt
• HOA Amenities: Airport/RunwayBBQ Pit/GrillBusiness CenterClubhouseCluster MailboxCommon GroundsConference/Meeting RoomControlled AccessDog ParkFishingFitness CenterGolfLakeParkPet AmenitiesPicnic AreaPlanned Social ActivitiesPlaygroundPoolSport Court(s)/FacilityTennis Court(s)Underground UtilitiesTrail(s)See Remarks400.0Annually
• Originating MLS: actris
• School District: Lago Vista ISD
• County: Travis

Lot

• Topography: Front to Back downward slope.
• Zoning: R-4 Multi-family ResidenLOT 18004 *BELOW 715' CONTOUR HIGHLAND LAKE ESTATES SEC 18 & LOT 18003 *BELOW 715' CONTOUR HIGHLAND LAKE ESTATES SEC 181628606010000
• View: Creek/StreamHill CountryLakePanoramicTrees/WoodsWater
• Fencing: None

Utilities

• Utilities: Electricity AvailableSewer AvailableWater Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: actris