Check Availability
$99,900
● Land - For Sale

2505 Hancock Ave

Lago Vista, TX 78645
bedrooms
Studio
bathrooms
0 Bath
$602
Est. Monthly
$17
HOA / Fees

About This Property

Exceptional Lake Travis Waterfront Development Opportunity – One of Two Available Adjacent R-4 Zoned Lots - Subject listing is .3799 acres.  Zoned R-4 High Density Residential, the property allows for a variety of residential uses, including townhomes, duplexes, multifamily residences, or single-family construction, subject to City of Lago Vista approvals and development requirements.  Build a one-of-a-kind custom estate overlooking Lake Travis, or a thoughtfully designed higher-density residential development.  The property has views of a picturesque Lake Travis cove and seasonal creek with a natural waterfall, while mature Live Oak, Sycamore, and Elm trees provide a beautiful Hill Country setting on a development-ready site. Detailed boundary, topographic, elevation, and tree surveys are available.  PEC Electric is across the street, available with a pedestal and meter set. Lago Vista water supply line is available for connection at the street, and public sewer is available via extension and tap in, or possible septic sewer. The lots may be purchased individually or together. Beyond the property itself, owners enjoy access to the outstanding Lago Vista Property Owners Association amenities, including waterfront parks, private boat ramps, swimming facilities, fishing access, fitness center, sports courts, and more. Hancock Park is located just down the street, while Cody Park and its public boat ramp are less than a mile away, offering easy access to Lake Travis. Buyers should independently verify all zoning, utility availability, development requirements, and intended uses with the City of Lago Vista. Property boundaries shown in marketing materials are approximate and provided for illustrative purposes only.
Unit Size
-
Days on Market
-
Land Size
0.38 acres
Price per sqft
-
Property Type
Land
Property Taxes
$94
HOA Dues
$17
Year Built
-

Listed By

Kyle Jancovech
Jancovech Real Estate

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Last updated: 3 months ago (Unlock MLS #ACT1757603)

Price History

Date / Event Date Event Price
Jul 30, 2026 Listed by Jancovech Real Estate, LLC $99,900
Listed by Jancovech Real Estate, LLC
Sep 1, 2024 No longer available -
No longer available
Feb 29, 2024 Listed by Jancovech Real Estate, LLC $140,000
Listed by Jancovech Real Estate, LLC
Introducing the High-Density Residential Lots nestled along Hancock Avenue, offering an unparalleled opportunity for lakefront/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.

Property Highlights

With View
Exterior Details
Property Condition: See Remarks
Waterfront Features: Lake Privileges, Stream, See Remarks, Dry/Seasonal
Waterbody Name: Lake Travis
Other Structures: None
Lot Features: City Lot, Front Yard, Native Plants, Sloped Down, Wooded, Public Maintained Road
Lot Size Area: 16548.44
Lot Size Units: Square Feet
Lot Size Acres: 0.3799
Lot Size Square Feet: 16548.44
Lot Size Dimensions: 92 x 120
Water Source: See Remarks, Public
Financial Details
Tax Map Number: 18003
Tax Assessed Value: $31,667
Tax Annual Amount: $1,129
Utilities Details
Sewer : Public Sewer, See Remarks
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, See Remarks
HOA/Condo/Coop Amenities: Barbecue, Meeting Room, Dog Park, Picnic Area, Trail(s)
HOA Fee: $200
HOA Fee Frequency: Annually

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,548
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 1,380
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: HIGHLAND LAKE ESTATES SEC 18
  • Land Acres: 0000000380
  • Standard Land Use Code: 8000
  • County Land Use Code: C1
  • State Land Use Code: C1
  • Legal Description 1: LOT 18003 *BELOW 715 CONTOUR HIGHLAND LAKE ESTATES SEC 18

Neighborhood

  • School District Name: Lago Vista Independent School District
  • School Tax School District: LAGO VISTA
  • Census Tract: 037600

Geography

  • Assessors Map Reference: 0162860602
  • Account Number: 162254
  • Subdivision Tract Number: I
  • Parcel: 162254
  • Lot: 18003
  • Municipality: CITY OF LAGO VISTA
  • Latitude: 30.4209
  • Longitude: -98.0061

    Address

  • Full Address: 2505 Hancock Ave
  • Address - House Number: 2505
  • Address - Street Name: Hancock
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Leander
  • Zip Code: 78645

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $123,275
  • Tax Rate Code Area: 49

    Market Valuation

  • Market Total Value: $55,825
  • Market Land Value: $55,825

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $55,825
  • Assessed Land Value: $55,825

    Sales

  • Current Sale Contract Date: Oct 05, 2006
  • Current Sale Recording Date: Oct 19, 2006
  • Current Sale Price:
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2006203169
  • Previous Sale Recording Date: Mar 15, 2004
  • Previous Sale Contract Date: Mar 14, 2004
  • Previous Sale Amount: $40,500
  • Previous Sale Document Type: 70

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Highland Lake Estates


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Frequently Asked Questions

When was property at 2505 Hancock Avenue built and last sold?
The property at 2505 Hancock Avenue was built in and last sold on Oct 5, 2006 for $77,500.
How much is this home worth?
The estimated value of the home located at 2505 Hancock Avenue is $100,899.
What are some comparable homes to 2505 Hancock Avenue?
There are currently no comparable homes to 2505 Hancock Avenue.