Welcome to 4205 Park Dr. in Lago Vista — a rare 4.3-acre waterfront opportunity priced below Travis County’s appraised value and ready for its next chapter. Set on an expansive lakeside lot, this 4-bedroom, 2 full bath, 2 half bath home is being sold as-is and is perfect for a buyer with vision.
The property is ready for thoughtful updates to bring its full potential to life. Recent improvements already completed include $20,000 worth of new flooring, new faucets, fresh interior paint throughout, new light fixtures (excluding fan fixtures), new LED ballasts, a new smart key system, a new Ring doorbell, a stainless steel refrigerator, and a stainless steel stove — giving future owners a valuable head start on renovations.
With several spacious living and entertaining areas, the home offers a strong foundation for a stunning reimagined retreat. The generous layout includes a large garage plus a dedicated workshop/boat storage space, making it ideal for lake living and hobbyists alike. Sweeping water views, mature trees, and direct lake access elevate the setting and give the next owner a remarkable canvas to work with.
Opportunities like this — acreage, waterfront, and below appraisal — rarely hit the market. Bring your vision and unlock the full potential of this uniquely positioned Lago Vista property.
Back Yard, Front Yard, Interior Lot, Landscaped, Native Plants, Many Trees, Trees Medium Size, Views, See Remarks
Roof
Composition, Shingle
Construction
Masonry, Stone
Foundation
Slab
School Information
District
Lago Vista ISD
Elementary
Lago Vista
Middle
Lago Vista
High
Lago Vista
Additional Information On 4205 Park Dr
Days on Market
87
Foreclosure
No
Short Sale
No
RE / Bank Owned
No
HOA Fees
100
HOA Fees Freq.
Annually
Gated Community
No
Property History
Status Changed from Active to Active Under Contract
Price Reduced from $1,600,000 to $1,490,000
The 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. Listing Data Provided By: Pure Realty(512) 695-0130. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from August 19th, 2026 at 1:05pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.
