Austin Area MLS Listings

1605 Lancer LN, Austin, TX 78733 (MLS # 4196946)

Price $458,334
Status Active
Size n/a
Lot Size 17,224 sqft
Rare cash-flowing land hold in the heart of Westlake "” one of Texas's most prestigious zip codes. Total list price for all three lots: $1,375,000 "” reflects income premium and zoning flexibility. Three lots, all must be sold together: 1702Saracen Rd, 1703 Lancer Ln, and 1605 Lancer Ln, Austin TX 78733. Three contiguous lots totaling just under 1 acre, currently operating as a thriving RV park surrounded by million-dollar new construction homes. Your tenants cover your costs from day one while you decide what comes next. The numbers work. Property generates approximately$75,000 gross annually "” 13 RV pads plus a rented garage with lift. Low turnover, stable tenants, self-managing site. This is not a vacant lot waiting for a buyer to figure it out. It is a running business with income in place. The zoning is the story. Non-residential zoning confirmed by Travis County Transportation & Natural Resources (TNR) "” nearly any commercial or mixed use permitted with appropriate permitting. Can also be re-permitted to residential if desired. No deed restrictions found of record. Maximum flexibility, minimum restrictions. The options are wide open. Own and operate the RV park. Run your business on one lot while the other two generate income. Live on your own cash-flowing asset. Get permits in place and develop all at once or one at a time "” the remaining lots carry your costs throughout. Bare lots in this area are trading at $325K-$350K. This is not a bare lot. Each lot has its own independent septic system. Infrastructure is in place. Eanes ISD "” top-rated school district in Texas. 1.1 miles to Lake Austin. Drive-bys welcome. Please do not disturb tenants. All three lots are sold together only "” no individual lot sales. Buyer to independently verify all zoning, income figures, deed restrictions, and property details prior to making an offer.
Property Type(s): Commercial
Last Updated 4/19/2026 Tract Austin Lake Hills Sec 01
Year Built 1972 Community Austin Lake Hills Sec 01
County Travis

Additional Details

AIR None
AREA 8W
CONSTRUCTION Other
HEAT None
INTERIOR See Remarks
LOT 0.3954 acre(s)
LOT DESCRIPTION Level
PARKING See Remarks
SEWER Septic Tank
SUBDIVISION Austin Lake Hills Sec 01
TAXES 5800.16
UTILITIES Cable Available, Electricity Connected, Water Connected
VIEW DESCRIPTION None
WATER Public

Location

 

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Property listed by Tim Dowling, Beyond The Move Realty, LLC
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 9/11/26 8:19 PM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

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.

This IDX solution is (c) Diverse Solutions 2026.

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