39
Map
$200,000
●
Land -
For Sale
5003 Weletka DR
Austin, TX 78734
Studio
0 Bath
$1,313
Est. Monthly
$50
HOA / Fees
About This Property
Just over half an acre in McCormick Mountain, 5003 Weletka offers
the opportunity to build a custom home in a small enclave of newer
luxury residences near Lake Travis. The setting feels tucked away
and residential, while still putting you close to the marinas,
restaurants and everyday conveniences that make Hudson Bend such an
easy place to live.
Architectural plans and renderings are available for a contemporary residence designed to take advantage of the property and its surroundings, and the plans have been approved by the HOA, giving a future owner a valuable head start on the design and approval process. A current survey is also available. The generous lot provides room for a substantial home, outdoor living and a pool, with the potential for Lake Travis and Hill Country views from an elevated second story.
This is a great option for someone who wants to build rather than compromise on an existing home, particularly in an area where surrounding new construction has established a distinctly luxury feel. Lake Travis is just minutes away, along with nearby marinas, boat ramps, dining and entertainment. Zoned to Lake Travis ISD.
Buyers should independently verify architectural plans, HOA approval and transferability, utilities, building requirements, views and all other property information.
Architectural plans and renderings are available for a contemporary residence designed to take advantage of the property and its surroundings, and the plans have been approved by the HOA, giving a future owner a valuable head start on the design and approval process. A current survey is also available. The generous lot provides room for a substantial home, outdoor living and a pool, with the potential for Lake Travis and Hill Country views from an elevated second story.
This is a great option for someone who wants to build rather than compromise on an existing home, particularly in an area where surrounding new construction has established a distinctly luxury feel. Lake Travis is just minutes away, along with nearby marinas, boat ramps, dining and entertainment. Zoned to Lake Travis ISD.
Buyers should independently verify architectural plans, HOA approval and transferability, utilities, building requirements, views and all other property information.
Unit Size
-
Days on Market
-
Land Size
0.51 acres
Price per sqft
-
Property Type
Land
Property Taxes
$280
HOA Dues
$50
Year Built
-
Listed By
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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: 2 months ago (Unlock MLS #ACT1144195)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 31, 2026 | Listed by Keller Williams - Lake Travis | $200,000 | |
| Listed by Keller Williams - Lake Travis | |||
| Jun 16, 2025 | Delisted | - | |
| Delisted | |||
| Jun 13, 2025 | In contract | - | |
| In contract | |||
| Mar 24, 2025 | Price Decreased |
$275,000
↓ $20K
(6.8%) | |
| Price Decreased | |||
| Mar 12, 2025 | Price Decreased |
$295,000
↓ $20K
(6.4%) | |
| Price Decreased | |||
Show More
Property Highlights
With View
Exterior Details
Waterfront Features: None
Other Structures: None
Lot Features: Native Plants, Sloped Up, Wooded
Lot Size Area: 22211.24
Lot Size Units: Square Feet
Lot Size Acres: 0.5099
Lot Size Square Feet: 22211.24
Water Source: Public
Financial Details
Tax Map Number: 23
Tax Assessed Value: $200,000
Tax Annual Amount: $3,360
Utilities Details
Sewer : Septic Needed
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds
HOA Fee: $50
HOA Fee Frequency: Quarterly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Travis Landing
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Katie Johnston
Listed Office: Keller Williams - Lake Travis - Listing courtesy of Unlock MLS
Phone: (512) 263-9090
Last Updated: 2026-09-01 04:01:42
Data Source: Unlock MLS, MLS# ACT1144195
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Keller Williams - Lake Travis - Listing courtesy of Unlock MLS
Phone: (512) 263-9090
Last Updated: 2026-09-01 04:01:42
Data Source: Unlock MLS, MLS# ACT1144195
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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