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ActiveMLS #8647391

4205 Park DR, Lago Vista TX 78645

Lago Vista, TX 78645 · Lakeshore Ranch 01 Resub

Single Family Residence for sale in Lakeshore Ranch 01 Resub

4Bedrooms
2 full / 2 halfBathrooms
4,156Square Ft
4.34Acres
4Garage
1997Year Built
Price Reduced
1 / 40
$1,300,000$1,600,000

Overview

Property Description

Welcome to 4205 Park Drive in Lago Vista, a rare 4.3-acre waterfront property offering the serenity, space, and natural beauty of Hill Country living with direct lake access. Priced below appraised value, this 4-bedroom, 2-full-bath, 2-half-bath home is being sold as-is and presents an incredible opportunity for a buyer with vision. Surrounded by mature trees and sweeping water views, the property offers a peaceful retreat where you can enjoy boating, outdoor recreation, entertaining, and quiet evenings by the lake. Inside, multiple spacious living and gathering areas provide a strong foundation for creating a truly remarkable lakeside home. Recent improvements offer a valuable head start, including approximately $20,000 in new flooring, fresh interior paint, new faucets, updated light fixtures excluding ceiling fans, new LED ballasts, a smart-key system, a Ring doorbell, and all stainless steel kitchen appliances. A large garage and dedicated workshop or boat-storage area provide added functionality for watercraft, hobbies, and recreational equipment. With waterfront access, generous acreage, and endless potential, this property captures the relaxed lifestyle and scenic surroundings that make Lago Vista so special. Opportunities combining acreage, spacious and direct waterfront access (258 ft) provides plenty of room for a large boat dock, and a price below appraisal are increasingly rare. Bring your vision and transform this uniquely positioned property into the Hill Country lake retreat you have been dreaming of.

Financial Info
Price
$1,300,000
$ / Sqft
$313
HOA
Yes - Voluntary / $100 / Annually
HOA Name
Lakeshore Ranch
HOA Includes
See Remarks
Tax Rate
1.469%
Est. Taxes
$28,777
Tax Year
2025
Exemptions
Homestead
Legal Info
Address
4205 Park DR
County
Travis
City
Lago Vista
State
TX
Zip
78645
Subdivision
Lakeshore Ranch 01 Resub
Legal Description
LOT 56&57 LAKESHORE RANCH SUBD NO 1 RESUB
Parcel
4205 Park Dr. Lago Vista Tx
Interior Features
Floor
Tile, Wood
Num Living
3
Dining
2
Kitchen
Kitchen Island
Appliances
Dishwasher, Microwave, Free-Standing Electric Range, Refrigerator, Stainless Steel Appliance(s)
Laundry
Inside, Main Level
Master Bed
Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplaces
1
Fireplace Description
Wood Burning
Interior Features
2 Primary Suites, Ceiling Fan(s), Quartz Counters, In-Law Floorplan, Kitchen Island, Primary Bedroom on Main, Soaking Tub, Storage, Walk-In Closet(s), Washer Hookup, Security System, Screens
General Info
Beds
4 Total / 1 Main Level / 3 Other Level
Full / Half Baths
2 / 2
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
1997 / Resale
Square Feet
4,156 / Public Records
Garages
4
Garage Desc
Additional Parking, Garage, Garage Door Opener
Foundation
Slab
Roof
Composition, Shingle
Construction
Masonry – All Sides, Stone
Acres
4.34
Lot Description
See Remarks, Back Yard, Front Yard, Interior Lot, Landscaped, Native Plants, Trees-Heavy, Many Trees, Trees-Medium (20 Ft - 40 Ft), Views
Restrictions
Deed Restrictions
Flood Plain
No
View
Hill Country, Lake, Panoramic, Park/Greenbelt, Rural, Trees/Woods
Water Access
Yes
Waterfront
Yes
Area
LN
Utility Info
Water
Public
Sewer
Septic Tank
Utilities
Cable Available, Electricity Connected
Heat
Central
A C
Ceiling Fan(s), Central Air
Exterior Features
Fence
Chain Link, Wood
Exterior Features
Balcony, Gutters Partial, Private Entrance, Private Yard, Covered, Deck, Rear Porch
Pool On Property
Yes
Area Amenities
See Remarks

Price history

Members only
Days on market
−$300,000 (−18.8%)
$1,600,000 → $1,300,000
2
Price reductions
Active
Since May 23, 2026
Price trend
List priceMay 2026Aug 2026
Property history5 events
DateEventPriceChange
Aug 29, 2026Price Decrease$1,300,000−$190,000 (−12.8%)
Aug 29, 2026Back On Market
Aug 13, 2026Active Under Contract
Jul 17, 2026Price Decrease$1,490,000−$110,000 (−6.9%)
May 23, 2026New Listing

Taxes

Tax data isn’t available for this property’s county yet.

Schools

School Info
District
Lago Vista ISD
Elementary
Lago Vista
Middle
Lago Vista
High
Lago Vista

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $1,300,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$10,055 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $10,055

Principal & interest
$6,574
Property taxes
$2,398
Homeowners insurance
$1,083

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$1,040,000$11,624$67,258$1,028,376
2$1,028,376$12,403$66,479$1,015,973
3$1,015,973$13,233$65,649$1,002,739
4$1,002,739$14,120$64,762$988,620
5$988,620$15,065$63,817$973,554
6$973,554$16,074$62,808$957,480
7$957,480$17,151$61,731$940,329
8$940,329$18,299$60,583$922,029
9$922,029$19,525$59,357$902,504
10$902,504$20,833$58,049$881,672
  • Year 1$1,028,376
    Principal paid
    $11,624
    Interest paid
    $67,258
    Starting balance
    $1,040,000
  • Year 2$1,015,973
    Principal paid
    $12,403
    Interest paid
    $66,479
    Starting balance
    $1,028,376
  • Year 3$1,002,739
    Principal paid
    $13,233
    Interest paid
    $65,649
    Starting balance
    $1,015,973
  • Year 4$988,620
    Principal paid
    $14,120
    Interest paid
    $64,762
    Starting balance
    $1,002,739
  • Year 5$973,554
    Principal paid
    $15,065
    Interest paid
    $63,817
    Starting balance
    $988,620
  • Year 6$957,480
    Principal paid
    $16,074
    Interest paid
    $62,808
    Starting balance
    $973,554
  • Year 7$940,329
    Principal paid
    $17,151
    Interest paid
    $61,731
    Starting balance
    $957,480
  • Year 8$922,029
    Principal paid
    $18,299
    Interest paid
    $60,583
    Starting balance
    $940,329
  • Year 9$902,504
    Principal paid
    $19,525
    Interest paid
    $59,357
    Starting balance
    $922,029
  • Year 10$881,672
    Principal paid
    $20,833
    Interest paid
    $58,049
    Starting balance
    $902,504
First 10 of 30 years

Nearby

Courtesy of Pure Realty · (512) 337-0400

Listings courtesy of ACTRIS as distributed by MLS GRID.