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$250,000
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Property Description
Prime Lakeway Homesite Near Lake Travis - Nearly Half an Acre with No HOA! Welcome to 704 Palos Verdes, a rare opportunity to own almost half an acre in the heart of beautiful Lakeway, TX. This spacious lot offers the perfect canvas to build your dream home surrounded by the natural beauty that makes the Hill Country so special. Situated across from the Hamilton Greenbelt II, residents can enjoy peaceful nature views right from their doorstep. The property's location also places you just a few blocks from the Yaupon Golf Course, offering an easy golf cart ride to a round of golf. With Lake Travis nearby, you'll have convenient access to boating, fishing, and lakeside recreation. This neighborhood provides the benefits of top-rated Lake Travis ISD schools, local restaurants, shopping, and marinas are only minutes away, making this an exceptional spot for a full-time residence or a weekend retreat.
Full Property Details
Full Property Details for 704 Palos Verdes Dr
General
- Price: $250,000
- Taxes: $4,554 (2025)
- Status: Active
- Type: Lots/Land
- Source: Austin_MLS
- MLS ID: 9115167
- Updated: 11/3/2025
- Added to Site: 85 day(s) ago
Additional Information
- Shared Amenities: Golf, Lake
Location
- Area: LS
- County: Travis
- Subdivision: Lakeway Sec 27
- Driving Directions: From 620 to Lakeway Blvd, take a right on Duck Lake Dr, take a right on Palos Verdes, the property is on your left. “Please note: Signs are not permitted in this neighborhood, so there will be no for-sale sign on the property.â€
School Information
- Elem School District: Lake Travis ISD
- Midd School District: Lake Travis ISD
- High School District: Lake Travis ISD
- Elementary School: Serene Hills
- Middle School: Hudson Bend
- High School: Lake Travis
Utilities
- Sewer: Municipal Utility District
- Water: Municipal Utility District
- Utility Description: Electricity Available, Water Available
Structural Information
- Detached/Attached: Detached
Additional Structures
- Other Structures: None
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 0.4431
- Lot Size (Sq. Ft.): 19,301.44
- Lot Features: Interior Lot, Moderate Trees, Trees Small Size, Views
Financial Considerations
- Assessment Amount: $250,444
- Tax Amount: $4,554.36
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial, Deed Restriction
- Legal Description: LOT 2991 LAKEWAY SEC 27
- Property ID: 1397305020000
- Lot Number: 2991
Listed by Dreamway Realty
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Schools
Schools serving 704 Palos Verdes Dr
School District:Lake Travis Independent School District
| Name | Grades | Distance |
|---|---|---|
Lakeway Elementary School 1701 Lohmans Crossing Road, Austin, TX 78734 | K-5 | 0.8 mi |
Hudson Bend Middle School 15600 Lariat Trail, Austin, TX 78734 | 6-8 | 2.8 mi |
Lake Travis High School 3324 Ranch Road 620 South, Austin, TX 78738 | 9-12 | 2.4 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 704 Palos Verdes Dr
Date
Details
Price
Change
Source
10/28/2025
Listed
$250,000
—
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 704 Palos Verdes Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,401
—
$250,444
3%
2024
$4,401
-30%
$242,000
-27%
2022
$6,296
321%
$330,000
349%
2021
$1,496
4%
$73,500
11%
2020
$1,439
-18%
$66,150
—
2020
$1,756
18%
$66,150
—
2018
$1,487
-2%
$66,150
—
2016
$1,521
—
$66,150
—
2017
$1,521
-3%
$66,150
—
2015
$1,565
-15%
$66,150
-12%
2014
$1,848
-2%
$75,600
—
2013
$1,892
—
$75,600
—
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 704 Palos Verdes Dr
704 Palos Verdes Drive, Lakeway, TX 78734 (MLS# 9115167) is a Lots/Land property with a lot size of 0.4431 acres. 704 Palos Verdes Drive is currently listed for $250,000 and was received on October 28, 2025. Want to learn more about 704 Palos Verdes Drive? Do you have questions about finding other Lots/Land real estate for sale in Lakeway? You can browse all Lakeway real estate or contact a Coldwell Banker agent to request more information.

