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4513 Destination WAY
About This Property
Exceptional Lake Travis waterfront land for sale in The Hollows, offering approximately 2 acres of deep-water frontage, panoramic main-body lake views and private boat dock potential. Set along a quiet cul-de-sac street, 4513 Destination Way combines privacy, elevation, mature trees and dramatic Texas Hill Country scenery for an extraordinary custom lakefront homesite.
The property extends from Destination Way to beyond the shoreline, with unique topography and multiple potential building sites offering flexibility to position a custom home to maximize expansive Lake Travis views. Overlooking deep water, the property is eligible for a private boat dock, subject to LCRA approval, creating the opportunity for direct access to boating, fishing, paddleboarding and the Lake Travis lifestyle.
The Hollows is a sought-after Lake Travis community offering resort-style amenities including the Beach Club with lakeside dining, resort pools, fitness center, pickleball and sports courts, playgrounds, miles of hiking and biking trails, kayak launch, boat ramp and convenient access to Northshore Marina.
Underground utilities are available, and a 3,000-square-foot minimum build helps preserve the character of this premier waterfront community.
Approximately 40 minutes from Downtown Austin, this Lake Travis waterfront homesite offers the opportunity to create a luxury primary residence, weekend lake retreat or legacy property.
For buyers searching for Lake Travis waterfront acreage, deep-water lakefront land near Austin, a custom homesite with panoramic water views or property with private dock potential, 4513 Destination Way offers a rare combination of waterfront, acreage, elevation, privacy and resort amenities.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 10, 2026 | Price Decreased |
$849,000
↓ $10K
(1.2%) | |
| Price Decreased | |||
| May 31, 2026 | Price Decreased |
$859,000
↓ $41K
(4.5%) | |
| Price Decreased | |||
| Apr 29, 2026 | Relisted | $899,900 | |
| Relisted | |||
| Apr 8, 2026 | In contract | - | |
| In contract | |||
| Mar 6, 2026 | Listed by Coldwell Banker Realty | $899,900 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017