4205 Park DR, Lago Vista, TX — photo 1
Motivated SellerEstimated by HomeLocating
1 / 40
$1,300,000
4 beds3 baths4,156 sqft

4205 Park DR, Lago Vista TX 78645

MLS #242544623 · Pure Realty · Rebecca Vita

Residential
Built in 1997
4.34 Acres Lot
$313/sqft
HOA $100 / annually

About this home

Welcome to 4205 Park Drive in Lago Vista, a rare 4.3-acre waterfront property offering the serenity, space, and natural beauty of Hill Country living with direct lake access. Priced below appraised value, this 4-bedroom, 2-full-bath, 2-half-bath home is being sold as-is and presents an incredible opportunity for a buyer with vision. Surrounded by mature trees and sweeping water views, the property offers a peaceful retreat where you can enjoy boating, outdoor recreation, entertaining, and quiet evenings by the lake. Inside, multiple spacious living and gathering areas provide a strong foundation for creating a truly remarkable lakeside home. Recent improvements offer a valuable head start, including approximately $20,000 in new flooring, fresh interior paint, new faucets, updated light fixtures excluding ceiling fans, new LED ballasts, a smart-key system, a Ring doorbell, and all stainless steel kitchen appliances. A large garage and dedicated workshop or boat-storage area provide added functionality for watercraft, hobbies, and recreational equipment. With waterfront access, generous acreage, and endless potential, this property captures the relaxed lifestyle and scenic surroundings that make Lago Vista so special. Opportunities combining acreage, spacious and direct waterfront access (258 ft) provides plenty of room for a large boat dock, and a price below appraisal are increasingly rare. Bring your vision and transform this uniquely positioned property into the Hill Country lake retreat you have been dreaming of.

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
1997
Full baths
2
Half baths
2
Lot size
4.3386
Subdivision
Lakeshore Ranch 01 Resub
MLS area
LN
MLS #
242544623

Features

Interior features

  • 2 Primary Suites
  • Ceiling Fan(s)
  • Quartz Counters
  • In-Law Floorplan
  • Kitchen Island
  • Primary Bedroom on Main
  • Soaking Tub
  • Storage
  • Walk-In Closet(s)
  • Washer Hookup

Exterior features

  • Balcony
  • Gutters Partial
  • Private Entrance
  • Private Yard

Additional details

Parking
Additional Parking, Garage, Garage Door Opener
Garage spaces
4
Roof
Composition, Shingle
Foundation
Slab
HOA
$100 / annually

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Schools

Assigned schools per the MLS.

School district
Lago Vista ISD
Elementary
Lago Vista
Middle
Lago Vista
High
Lago Vista

See Lago Vista ISD schools & boundaries →

Comparable homes near 4205 Park DR

Similar homes currently for sale nearby, ranked by distance.

Getting around

Downtown Austin
16.9 mi
Austin-Bergstrom Airport
23.5 mi

Straight-line distance, not drive time.

Market insights

Compared with 520 active homes in ZIP 78645 · HomeLocating listings

Area median price
$489,000
This home vs. median
166% above
Homes with a price cut
42%

At $1,300,000, this home is priced 166% above the $489,000 median across 520 active homes in ZIP 78645.

Estimated monthly payment

$9,182/mo
Principal & interest$6,574/mo
Property taxes (est.)
Home insurance (est.)
HOA dues

Home price

$1,300,000

Down payment

20% ($260,000)

Loan details

30-yr fixed, 6.50%

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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.

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Listing courtesy of Pure Realty · Rebecca Vita

Listing data last updated Oct 2, 2026, 11:46 PM

Information is deemed reliable but not guaranteed and should be independently verified. Listing information is provided 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. © 2026 HomeLocating.com.

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