1004 Linscomb DR, Austin TX 78734
MLS #241526604 · Phyllis Browning Company · Emily Lottman
About this home
Set along a quiet private drive, this 1.15-acre property offers a rare opportunity to secure elevated Lake Travis waterfront in one of Lakeway’s most desirable pockets. With over 100 feet of shoreline and sweeping views across the cove, the setting delivers both privacy and long-term upside. Positioned above the waterline, the homesite provides a significant advantage for future construction. The elevation allows for new development without the need for stilts, creating a more efficient and flexible build process compared to many neighboring waterfront properties. The existing improvements include multiple structures, a grandfathered lakeside pavilion with indoor studio and half bath, and a two-slip boat dock with party deck. Mature trees, established stonework, and terraced paths lead down to the water, giving the property a sense of character and scale that is increasingly difficult to replicate. While the current home and structures offer potential for renovation, the highest and best use is likely redevelopment. This property reflects the growing emphasis on premier waterfront land, offering a generous footprint, usable topography, and exceptional positioning on the lake. Whether envisioned as a custom estate or a long-term investment, this is a standout opportunity to create something truly special on Lake Travis.
Property details
- Property type
- Residential · SingleFamilyResidence
- Status
- Active
- Year built
- 1975
- Full baths
- 2
- Half baths
- 1
- Lot size
- 1.146
- Subdivision
- Pearson I H
- MLS area
- LS
- MLS #
- 241526604
Features
Interior features
- Beamed Ceilings
- Interior Steps
- Multiple Dining Areas
- Multiple Living Areas
- Primary Bedroom on Main
- Track Lighting
Exterior features
- Exterior Steps
- Boat Dock - Private
Additional details
- Parking
- Off Street, Outside, See Remarks
- Garage spaces
- 0
- Roof
- Composition
- Foundation
- Pillar/Post/Pier
- Annual tax
- $18,238
Location
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Schools
Assigned schools per the MLS.
- School district
- Lake Travis ISD
- Elementary
- Lake Travis
- Middle
- Hudson Bend
- High
- Lake Travis
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Getting around
- Downtown Austin
- 15 mi
- Austin-Bergstrom Airport
- 21.5 mi
Straight-line distance, not drive time.
Market insights
Compared with 425 active homes in ZIP 78734 · HomeLocating listings
At $825,000, this home is priced 8% above the $765,000 median across 425 active homes in ZIP 78734.
Estimated monthly payment
Home price
$825,000
Down payment
20% ($165,000)
Loan details
30-yr fixed, 6.50%
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Listing courtesy of Phyllis Browning Company · Emily Lottman
Listing data last updated Oct 2, 2026, 11:46 PM
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