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$1,600,000 Just Listed
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Property Description
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 needs updates and care, but its potential is undeniable. 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.
Full Property Details
Full Property Details for 4205 Park Dr
General
- Price: $1,600,000
- HOA FEE: $8/month
- HOA FEE FREQ.: Annually
- Taxes: (2025)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 8647391
- Updated: 5/23/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), In-Law Floorplan, Kitchen Island, Main Level Primary, Multiple Primary Suites, Quartz Counters, Storage, Soaking Tub, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning
- Appliances: Dishwasher, Free-Standing Electric Range, Microwave, Refrigerator, Stainless Steel Appliance(s)
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 2
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main: 1
Other Rooms
- Laundry: Inside, Main Level, Washer Hookup
Additional Information
- Shared Amenities: See Remarks
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Outdoor Pool
- Security/Safety: Security System
Exterior
- Exterior Features: Balcony, Private Entrance, Private Yard, Rain Gutters
- Porch/Patio/Deck: Rear Porch, Covered, Deck, Balcony
Parking
- Garage: Yes
- Garage Spaces: 4
- Covered Spaces: 4
- Total Spaces: 8
- Parking Features: Additional Parking, Garage, Garage Door Opener
Location
- Area: LN
- County: Travis
- Subdivision: None
- Driving Directions: From Austin Blvd turn right, property will be on your left. Sign on property.
- Direction Faces: Northwest
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: Lakeshore Ranch
- Assoc. Fees Include: See Remarks
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected
Structural Information
- Detached/Attached: Detached
- Construction: Masonry, Stone
- Roof: Composition, Shingle
- Windows: Screens
- Stories/Levels: 2
- Square Feet: 4,156
- Sq. Ft. Source: Public Records
- Living Area: 4,156 Sq. Ft.
- Year Built: 1997
- Year Built Source: Owner
- Property Condition: Resale
Additional Structures
- Other Structures: Garage(s), Guest House, Living Quarters, RV/Boat Storage, Storage, Workshop
Lot Features
- Property View: Park/Greenbelt, Hills, Lake, Panoramic, Rural, Trees/Woods
- Lot Size (Acres): 4.3386
- Lot Size (Sq. Ft.): 188,989.42
- Fence: Yes
- Lot Features: Back Yard, Front Yard, Interior Lot, Landscaped, Native Plants, Many Trees, See Remarks, Trees Medium Size, Views
- Fencing (Description): Chain Link, Wood
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Lake Travis
- Water Front Desc.: Lake Front, Waterfront
- Lake Front: Yes
Financial Considerations
- Association Fee: $100
- Assoc Fee Freq.: Annually
- Assessment Amount: $1,959,012
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial, Appraisal, Deed Restriction
- Legal Description: LOT 56&57 LAKESHORE RANCH SUBD NO 1 RESUB
- Disclosures/Reports: Seller Disclosure
- Property ID: 4205 Park Dr. Lago Vista Tx
- Lot Number: 56&57
Listed by Pure Realty
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Schools
Schools serving 4205 Park Dr
School District:Lago Vista Independent School District
| Name | Grades | Distance |
|---|---|---|
Lago Vista Elementary School 20311 Dawn Drive, Lago Vista, TX 78645 | K-3 | 2.5 mi |
Lago Vista Intermediate School 20801 Fm 1431, Lago Vista, TX 78645 | 4-5 | 4.1 mi |
Lago Vista Middle School 8039 Bar K Ranch Road, Lago Vista, TX 78645 | 6-8 | 4.1 mi |
Lago Vista High School 5185 Lohman Ford Road, Lago Vista, TX 78645 | 9-12 | 1.6 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 4205 Park Dr
Date
Details
Price
Change
Source
5/23/2026
Listed
$1,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4205 Park Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$20,006
—
$1,692,355
10%
2024
$20,006
11%
$1,538,505
-39%
2022
$18,085
—
$2,531,599
—
2022
$18,085
4%
$2,525,432
118%
2021
$17,465
-21%
$1,155,902
-1%
2020
$22,088
-2%
$1,169,770
—
2020
$22,517
-2%
$1,169,770
1%
2018
$22,988
13%
$1,161,372
10%
2016
$20,303
—
$1,055,793
—
2017
$20,211
-2%
$1,060,561
—
2015
$20,667
5%
$1,057,326
4%
2013
$19,645
-5%
$1,015,956
6%
2014
$20,762
—
$961,276
—
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 4205 Park Dr
4205 Park Drive, Lago Vista, TX 78645 (MLS# 8647391) is a Single Family property with 4 bedrooms, 2 full bathrooms and 2 partial bathrooms. 4205 Park Drive is currently listed for $1,600,000 and was received on May 23, 2026. Want to learn more about 4205 Park Drive? Do you have questions about finding other Single Family 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.

