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$458,334
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Property Description
Rare cash-flowing land hold in the heart of Westlake - one of Texas's most prestigious zip codes. Total list price for all three lots: $1,375,000 - reflects income premium and zoning flexibility. Three lots, all must be sold together: 1702Saracen Rd, 1703 Lancer Ln, and 1605 Lancer Ln, Austin TX 78733. Three contiguous lots totaling just under 1 acre, currently operating as a thriving RV park surrounded by million-dollar new construction homes. Your tenants cover your costs from day one while you decide what comes next. The numbers work. Property generates approximately$75,000 gross annually - 13 RV pads plus a rented garage with lift. Low turnover, stable tenants, self-managing site. This is not a vacant lot waiting for a buyer to figure it out. It is a running business with income in place. The zoning is the story. Non-residential zoning confirmed by Travis County Transportation & Natural Resources (TNR) - nearly any commercial or mixed use permitted with appropriate permitting. Can also be re-permitted to residential if desired. No deed restrictions found of record. Maximum flexibility, minimum restrictions. The options are wide open. Own and operate the RV park. Run your business on one lot while the other two generate income. Live on your own cash-flowing asset. Get permits in place and develop all at once or one at a time - the remaining lots carry your costs throughout. Bare lots in this area are trading at $325K-$350K. This is not a bare lot. Each lot has its own independent septic system. Infrastructure is in place. Eanes ISD - top-rated school district in Texas. 1.1 miles to Lake Austin. Drive-bys welcome. Please do not disturb tenants. All three lots are sold together only - no individual lot sales. Buyer to independently verify all zoning, income figures, deed restrictions, and property details prior to making an offer.
Full Property Details
Full Property Details for 1605 Lancer Ln
General
- Price: $458,334
- Taxes: $5,800 (2025)
- Status: Active
- Type: Commercial
- Source: Austin_MLS
- MLS ID: 4196946
- Updated: 4/19/2026
- Added to Site: 125 day(s) ago
Rental Information
- Lease Info: Ground Lease
Interior
- Flooring: See Remarks
Additional Information
- Security/Safety: None
- Equipment: None
Parking
- Total Spaces: 6
- Parking Features: See Remarks
Location
- Area: 8W
- County: Travis
- Subdivision: Austin Lake Hills Sec 01
- Driving Directions: From Bee Caves turn onto Cuernavaca Dr. to Saracen Road turn left to 1702 Saracen Road, 1605 Lancer Lane, and1703 Lancer Lane. All three lots are connected. Remarks
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Utilities
- Sewer: Septic Tank
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Sq. Ft. Source: See Remarks
- Current Bldg. Use: Investment, Manufactured Home
- Year Built: 1972
- Year Built Source: Public Records
- Property Condition: See Remarks
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.3954
- Lot Size (Sq. Ft.): 17,223.62
- Lot Size Source: Assessor
- Topography: Level
- Lot Features: Flat, Trees
Financial Considerations
- Operating Expenses: $44,724,029
- Assessment Amount: $391,567
- Tax Amount: $5,800.16
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Financials, Survey, Rent Rolls
- Legal Description: LOT 4 BLK 40 AUSTIN LAKE HILLS SEC 1 MH 202952D2695
- Property ID: 1333617020000
- Block: 40
- Lot Number: 4
Listed by Beyond The Move Realty, LLC
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Schools
Schools serving 1605 Lancer Ln
School District:Eanes Independent School District
| Name | Grades | Distance |
|---|---|---|
Valley View Elementary School, Austin, TX 1201 Loop 360 S, Austin, TX 78746 | K-5 | 4.8 mi |
West Ridge Middle School 9201 Scenic Bluff Drive, Austin, TX 78733 | 6-8 | 2.8 mi |
Westlake High School 4100 Westbank Drive, Austin, TX 78746 | 9-12 | 5.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1605 Lancer Ln
Date
Details
Price
Change
Source
4/19/2026
Listed
$458,334
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1605 Lancer Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,800
18%
$391,567
19%
2024
$4,914
-4%
$328,593
—
2022
$5,131
—
$328,393
2%
2022
$5,131
33%
$323,239
42%
2021
$3,866
50%
$227,251
56%
2020
$2,579
—
$145,226
—
2020
$2,585
-3%
$144,792
—
2018
$2,661
25%
$144,752
-13%
2016
$2,125
-33%
$165,800
48%
2017
$3,151
87%
$111,800
29%
2015
$1,685
-9%
$86,752
—
2013
$1,854
—
$86,752
—
2013
$1,854
—
$86,334
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1605 Lancer Ln
1605 Lancer Lane, Austin, TX 78733 (MLS# 4196946) is a Commercial property. 1605 Lancer Lane is currently listed for $458,334 and was received on April 19, 2026. Want to learn more about 1605 Lancer Lane? Do you have questions about finding other Commercial real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

