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2505 Hancock Ave, Lago Vista, TX 78645
$140,000
2505 Hancock Ave, Lago Vista, TX 78645View this property at 2505 Hancock Ave, Lago Vista, TX 78645
2505 Hancock AveLago VistaTX78645
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Property Description
Introducing the High-Density Residential Lots nestled along Hancock Avenue, offering an unparalleled opportunity for lakefront or lakeview development! These prime lots, 2503 (lot 18004) and 2505 (lot18003) Hancock Ave, can be purchased individually or together-refer to MLS#6869581 for separate listings or combined MLS#8289899 for joint purchase. Detailed surveys including boundary, topographic/elevation, and tree information are readily available. Positioned adjacent to a captivating Lake Travis wet/dry cove and meandering creek featuring a serene waterfall, these lots boast an array of majestic tree species including Live Oak, Sycamore, and Elm. Whether crafting your single-family sanctuary or envisioning a cluster of 10-12 townhomes or apartments, the possibilities are boundless. Lago Vista authorities have confirmed the feasibility of extending sewer and water services to the property, with extension costs to be borne by the purchaser.
Conceptual sketches for single-family dwellings offer inspiration for your vision, while ownership grants full access to LVPOA amenities. Conveniently situated within the same block as Hancock Park-featuring swimming facilities and playground-and less than a mile from Cody Park boasting a boat ramp, the allure of recreational pursuits is at your doorstep. Zoned for High Density Residential according to City of Lago Vista Ordinance No. 23-09-07-04, R-4 zoning allows for multifamily residential development including apartments, townhouses, and single-family homes. Maximum impervious cover is set at 50%, with front and rear setbacks of 25 feet and a 5-foot side yard setback, totaling 10 feet for both sides. The permissible building height stands at 35 feet, capped at three stories. The marketing pictures with approximate boundaries are for illustration purposes only, and the information provided is deemed reliable, but is not guaranteed and should be independently verified.
Full Property Details
Full Property Details for 2505 Hancock Ave
General
- Price: $140,000
- HOA FEE: $17/month
- HOA FEE FREQ.: Annually
- Taxes: $1,129 (2023)
- Status: Active
- Type: Lots/Land
- MLS ID: 7057557
- Updated: 2/29/2024
- Added to Site: 63 day(s) ago
Additional Information
- Shared Amenities: Airport/Runway, BBQ Pit/Grill, Business Center, Clubhouse, Cluster Mailbox, Common Grounds, Conference/Meeting Room, Controlled Access, Dog Park, Electronic Payments, Fishing, Golf Course, Lake, Park, Pet Amenities, Picnic Area, Planned Social Activities, Playground, Pool, Sport Court(s)/Facility, Tennis Court(s), Underground Utilities, Walk/Bike/Hike/Jog Trail(s
- Other Features: None
Location
- Area: LN
- County: Travis
- Subdivision: Highland Lake Estates Sec 18
- Driving Directions: Boggy Ford Road to Highland Lake Drive, south on Hancock Ave.
School Information
- Elem School District: Lago Vista ISD
- Midd School District: Lago Vista ISD
- High School District: Lago Vista ISD
- Elementary School: Lago Vista
- Middle School: Lago Vista
- High School: Lago Vista
Community
- Association: Yes
- Assoc. Name: LVPOA
- Assoc. Fees Include: Common Area Maintenance, See Remarks
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Sewer Available, Water Available
Structural Information
- Property Condition: See Remarks
Additional Structures
- Other Structures: None
Lot Features
- Property View: Creek/Stream, Hill Country, Lake, Panoramic, Trees/Woods, Water
- Mountain views: Yes
- Lot Size (Acres): 0.3799
- Lot Size (Sq. Ft.): 16,548.44
- Lot Dimensions: 92 x 120
- Street/Road Desc.: Asphalt
- Lot Features: City Lot, Front Yard, Native Plants, Public Maintained Road, Sloped Down, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft)
- Zoning: R-4 Zoning. Multifamily Residential (Apartments, Townhouses, and Single Family)
- Lot Description: City Lot, Front Yard, Native Plants, Public Maintained Road, Sloped Down, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft)
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Lake Travis
- Water Front View: Dry/Seasonal, Lake Front, Lake Privileges, Waterfront
Financial Considerations
- Lot Price Per Sq. Ft.: $8.46
- Association Fee: $200
- Assoc Fee Freq.: Annually
- Tax Amount: $1,129.14
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Documents Avail.: Aerial Photos, Survey, Topography Map
- Restrictions: Zoning
- Property ID: 1628606020000
Listed by Jancovech Real Estate, LLC
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Schools
Schools serving 2505 Hancock Ave
School District:Lago Vista Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
20311 Dawn Dr, Lago Vista, TX 78645 | PK-3 | 2.7 mi | |
20801 Fm 1431, Lago Vista, TX 78645 | 6-8 | 4.4 mi | |
5185 Lohmans Ford Rd, Lago Vista, TX 78645 | 9-12 | 2.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2505 Hancock Ave
Date
Details
Price
Change
Source
2/29/2024
Listed
$140,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Estimate the Cost for 2505 Hancock Ave
2505 Hancock Ave, Lago Vista, TX 78645 (MLS# 7057557) is a Lots/Land property with a lot size of 0.3799 acres. 2505 Hancock Ave is currently listed for $140,000 and was received on February 29, 2024. Want to learn more about 2505 Hancock Ave? Do you have questions about finding other Lots/Land real estate for sale in Lago Vista? You can browse all Lago Vista real estate or contact a Coldwell Banker agent to request more information.