8
Map
$12,950,000
●
Land -
Off Market
2002 Scenic DR
Austin, TX 78703
Studio
0 Bath
$63,587
Est. Monthly
About This Property
This amazing lot is a unique building opportunity with Lake Austin
waterfront in the heart of Tarrytown. Rarely does a property
this exquisite on such a prized street ever come to market. This is
one of only 7 residential parcels in Austin with direct access to
Lake Austin, inside the no wake zone, on the downtown side of the
lake. In addition, there is a coveted 2 slip boat dock that
can be redesigned to include an outdoor living area above the
water. Truly, a treasured spot to create the home of your
dreams!
Unit Size
-
Days on Market
-
Land Size
0.51 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1930
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (Unlock MLS #ACT6651160)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 1, 2026 | No longer available | - | |
| No longer available | |||
| Oct 1, 2025 | No longer available | - | |
| No longer available | |||
| Oct 1, 2025 | Listed by Moreland Properties | $9,750,000 | |
| Listed by Moreland Properties | |||
   | |||
|
A rare chance to build your dream home on one of the most coveted streets in Tarrytown, this exceptional lot (priced as lot price only) offers direct Lake Austin waterfront in a prime location. One of only seven residential parcels in Austin with no-wake zone access on the downtown side of the lake, this property is a true gem. The existing two-slip boat dock presents an incredible opportunity for customization, with the potential to add an elevated outdoor living space above the water. A setting this special is seldom available—don't miss your opportunity to create something extraordinary. Explore renderings from the full plan set designe by Ryan Street Architects at the website at scenicdrivewaterfront.com.
| |||
| Sep 18, 2025 | Price Decreased |
$9,750,000
↓ $1M
(11.3%) | |
| Price Decreased | |||
| Apr 10, 2025 | Listed by Moreland Properties | $10,995,000 | |
| Listed by Moreland Properties | |||
   | |||
|
A rare chance to build your dream home on one of the most coveted streets in Tarrytown, this exceptional lot (priced as lot price only) offers direct Lake Austin waterfront in a prime location. One of only seven residential parcels in Austin with no-wake zone access on the downtown side of the lake, this property is a true gem. The existing two-slip boat dock presents an incredible opportunity for customization, with the potential to add an elevated outdoor living space above the water. A setting this special is seldom available—don't miss your opportunity to create something extraordinary. Explore renderings from the full plan set designe by Ryan Street Architects at the website at scenicdrivewaterfront.com.
| |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Central West Austin
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Listed by: Laura Gottesman
Listed Office: Gottesman Residential R.E. - Listing courtesy of Unlock MLS
Phone: (512) 451-2422
Last Updated: 2026-05-31 09:38:14
Data Source: Unlock MLS, MLS# ACT6651160
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Gottesman Residential R.E. - Listing courtesy of Unlock MLS
Phone: (512) 451-2422
Last Updated: 2026-05-31 09:38:14
Data Source: Unlock MLS, MLS# ACT6651160
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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