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$500,000
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Property Description
RARE 2 adjacent lots available in Cuernavaca!! The adjacent improved 0.3535 acre lot has a house with an ADU (casita) and is available FOR SALE (separately or together with this lot) currently listed for lease under Unlock MLS #6604400. This lot is located in the highly desirable Cuernavaca neighborhood within Eanes ISD, the lot offers a rare blend of privacy, natural beauty, and investment potential. Situated in Austin's 2-mile ETJ, the property benefits from lower property taxes (1.49%) and fewer building restrictions. Just a short walk to Lake Austin and minutes from Commons Ford Park, the lot is ideally located-20 minutes to Downtown Austin, 15 mins to the Hill Country Galleria, and 20 mins to Barton Creek Square Mall. Enjoy peaceful days, starry skies at night, and access to a voluntary HOA park with private lake access and a lakefront community pool when you build your dream home on this lot!
Full Property Details
Full Property Details for 2702 Palomino Dr
General
- Price: $500,000
- HOA FEE: $58/month
- HOA FEE FREQ.: Annually
- Taxes: $10,705 (2025)
- Status: Active
- Type: Lots/Land
- Source: Austin_MLS
- MLS ID: 5716303
- Updated: 1/7/2026
- Added to Site: 12 day(s) ago
Interior
- Interior Features: High Speed Internet
Rooms
Other Rooms
- Library: Yes
Additional Information
- Shared Amenities: Barbecue, Common Grounds/Area, Clubhouse, Fishing, Internet Access, Lake, Library, Playground, Park, Sport Court(s)
Location
- Area: 8W
- County: Travis
- Subdivision: Austin Lake Estates Sec 02
- Driving Directions: West on Bee Caves from HWY 360, right on Cuernanva Dr., down Cuernavaca past the "Austin Lake Estates" arch as one makes an automatic left on Mecca, down Mecca and then left on San Luis Trail and right on Palomino. Lot is on the left.
School Information
- Elem School District: Eanes ISD
- Midd School District: Eanes ISD
- High School District: Eanes ISD
- Elementary School: Barton Creek
- Middle School: West Ridge
- High School: Westlake
Community
- Association: Yes
- Assoc. Name: Lake Hills
- Assoc. Fees Include: See Remarks
Utilities
- Sewer: Septic Tank
- Water: Municipal Utility District
- Cable Available: Yes
- Utility Description: Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Sewer Connected, Water Available
Structural Information
- Detached/Attached: Detached
- Property Condition: To Be Built
Additional Structures
- Other Structures: Poultry Coop
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 0.3055
- Lot Size (Sq. Ft.): 13,307.58
- Fence: Yes
- Topography: Level
- Lot Features: Level, See Remarks, Trees Large Size
- Fencing (Description): Fenced, Partial
Financial Considerations
- Association Fee: $700
- Assoc Fee Freq.: Annually
- Assessment Amount: $715,800
- Tax Amount: $10,705.61
- Tax Year: 2025
- Terms: Cash, Committed Funds, Conventional, 1031 Exchange, Lender Approval, Texas Vet, USDA Loan, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial, Survey
- Legal Description: Lot 4 Blk 9 Austin Lake Hills Estate, Sec. 2 from (currently) Lots 3&4 Blk 9 Austin Lake Hills Estate, Sec. 2 Parcel Number 01353603110000
- Disclosures/Reports: Municipal Utility District Disclosure
- Property ID: 2702 Palomino Dr. Austin TX 78733
- Block: 9
- Lot Number: 3 & 4
Listed by Prem D Nasta, Broker
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Schools
Schools serving 2702 Palomino Dr
School District:Eanes Independent School District
| Name | Grades | Distance |
|---|---|---|
Valley View Elementary School, Austin, TX 1201 Loop 360 S, Austin, TX 78746 | K-5 | 5.2 mi |
West Ridge Middle School 9201 Scenic Bluff Drive, Austin, TX 78733 | 6-8 | 3.5 mi |
Westlake High School 4100 Westbank Drive, Austin, TX 78746 | 9-12 | 5.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2702 Palomino Dr
Date
Details
Price
Change
Source
1/07/2026
Listed
$500,000
—
MLS
Disclaimer: Historical sales 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 2702 Palomino Dr
2702 Palomino Drive, Austin, TX 78733 (MLS# 5716303) is a Lots/Land property with a lot size of 0.3055 acres. 2702 Palomino Drive is currently listed for $500,000 and was received on January 07, 2026. Want to learn more about 2702 Palomino Drive? Do you have questions about finding other Lots/Land real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

