Description
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
| Status | Active |
| MLS # | ACT228074855 |
| Taxes | $18,239 (2025) / year |
| Type | Land |
| Lot Size | 1.15 AC / 49,919 SF |
| County | Travis |
| Subdivision | Pearson I H |
Property Information
Exterior
Community
Directions: From Downtown Austin, take MoPac (TX-1 Loop S) and exit RM 2244/Bee Cave Rd. Travel west on Bee Cave Rd, then turn right onto Ranch Rd 620 S. Continue for several miles, then turn left onto Linscomb Dr. Property will be on the left at 1004 Linscomb Dr.
Location
Property History
| Date | Event | Price |
|---|---|---|
| May 18, 2026 | Listed (Active) · MLS# ACT228074855 | $875,000 |
| — | Original List Price | $995,000 |
Full transaction history may not be available. Data sourced from ACTRIS MLS.
Public Records
| Lot Size | 49,919 Sq. Ft. |
| Style | Land |
| County | TRAVIS |
| MLS # | ACT228074855 |
Schools
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Payment Estimate
For illustrative purposes only. Contact a lender for accurate figures.