An Extraordinary Large Waterfront Lot on Lake Travis — A Rare Opportunity Not to Be Missed. Expansive, private, and sitting directly on the water — this exceptional approximately 2-acre waterfront lot on Lake Travis represents one of the most compelling opportunities available in Central Texas today. Unlike so many lots that merely claim waterfront status, LCRA data confirms that this property has consistently maintained water in front of it, a distinction that is rare and extraordinarily valuable on Lake Travis. Positioned at the secluded end of Destination Way, the lot extends all the way to the middle of the cove. A large, level building site anchors the upper portion of the property, while the terrain descends gracefully through a terraced bluff — offering ample room for a grand lakeside residence, a separate cabana, outdoor entertaining areas, and still more. Mature oaks and cedars grace the property throughout, providing natural shade and a lush, wooded setting that frames stunning lake views. All underground utilities are already in place, making this expansive canvas ready for your vision. At the water's edge, the lot opens near Devil's Cove — a peaceful no-wake area of Lake Travis perfect for swimming, kayaking, and quiet waterfront living. A boat dock is permissible, giving future owners direct, private access to deep water. And all of this sits within the prestigious Hollows on Lake Travis community, where residents enjoy resort-style amenities including The Trailhead Club with a pool, pickleball courts, and playground; The Hollows Beach Club with additional pools, a fitness center, a restaurant and bar, a lakeside pavilion, and a fireplace; plus miles of scenic hiking trails throughout the community. Large waterfront lots like this with good water access, with nearly 2 acres of privacy, and room to build without compromise — are exceptionally rare on Lake Travis. Don't miss your chance to own one of its finest remaining homesites.
Active
$995,000
4601 Destination Way, Leander, TX 78645
0beds
0baths
1.99Acres
Unimproved Land
Built in ----
1.99 Acres Lot
$-- Zestimate®
$--/sqft
$138/mo HOA
What's special
Large level building site
- 8 days |
- 70 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: March 03, 2026 at 07:32pm
Listed by:
Mike Malinowski (512) 627-2717,
Resident Realty, LTD. (512) 899-8309
Source: Unlock MLS,MLS#: 7450278
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Property
Features
- Has view: Yes
- View description: Canyon, Hill Country, Lake, Panoramic, Water
- Has water view: Yes
- Water view: Lake,Water
- Waterfront features: Lake Front, Lake Privileges, Waterfront
- Body of water: Lake Travis
Lot
- Size: 1.99 Acres
- Dimensions: 99' x 864' x 101' x 870'
- Features: Cul-De-Sac, Few Trees, Interior Lot, Native Plants, Public Maintained Road, Sloped Down, Many Trees, Views
Details
- Additional structures: None
- Parcel number: 01706601050000
- Special conditions: Standard
Utilities & green energy
- Sewer: Private Sewer
- Water: Private
- Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available
Community & HOA
Community
- Features: BBQ Pit/Grill, Cluster Mailbox, Common Grounds, Fishing, Fitness Center, High Speed Internet, Lake, Picnic Area, Planned Social Activities, Playground, Pool, Restaurant, Spa/Hot Tub, Underground Utilities
- Subdivision: Hollows Ph 3A The
HOA
- Has HOA: Yes
- Services included: See Remarks, Common Area Maintenance
- HOA fee: $414 quarterly
- HOA name: The Hollows on Lake Travis
Location
- Region: Leander
Financial & listing details
- Tax assessed value: $670,000
- Annual tax amount: $16,996
- Date on market: 3/4/2026
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/4/2026 | Listed for sale | $995,000-13.5% |
Source: | ||
| 12/1/2025 | Listing removed | $1,150,000 |
Source: | ||
| 6/9/2025 | Listed for sale | $1,150,000-22% |
Source: | ||
| 5/1/2024 | Listing removed | -- |
Source: | ||
| 7/17/2023 | Listed for sale | $1,475,000+23.4% |
Source: | ||
| 10/1/2022 | Listing removed | -- |
Source: | ||
| 7/8/2022 | Price change | $1,195,000-0.4% |
Source: | ||
| 5/31/2022 | Listed for sale | $1,200,000 |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $670,000 |
| 2024 | $13,754 +7.6% | $670,000 +4.8% |
| 2023 | $12,780 -9.1% | $639,225 -14.8% |
| 2022 | $14,056 | $750,000 +159.7% |
| 2021 | -- | $288,800 +102.7% |
| 2020 | $3,497 -1.5% | $142,500 |
| 2019 | $3,549 +2.7% | $142,500 |
| 2018 | $3,456 | $142,500 +5.6% |
| 2017 | $3,456 +12.1% | $135,000 |
| 2016 | $3,082 | $135,000 +12.5% |
| 2015 | $3,082 | $120,000 |
| 2014 | $3,082 | $120,000 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 78645
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 5/10Lago Vista Elementary SchoolGrades: PK-3Distance: 2 mi
- 7/10Lago Vista Middle SchoolGrades: 6-8Distance: 2.9 mi
- 6/10Lago Vista High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Lago Vista
- Middle: Lago Vista
- High: Lago Vista
- District: Lago Vista ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.









