2503 Hancock Avenue

Lago Vista, TX 78645

$150,000
Price
15,990 / 0.37
Lot Size / Acres

Description

Introducing the High-Density Residential Lots nestled along Hancock Avenue, offering an unparalleled opportunity for lakefront or lakeview development! These prime lots, 2503 (lot 18004) and 2505 (lot18003) Hancock Ave, can be purchased individually or together—refer to MLS#7057557 for separate listings or combined MLS#8289899 for joint purchase. Detailed surveys including boundary, topographic/elevation, and tree information are readily available. Positioned adjacent to a captivating Lake Travis...Introducing the High-Density Residential Lots nestled along Hancock Avenue, offering an unparalleled opportunity for lakefront or lakeview development! These prime lots, 2503 (lot 18004) and 2505 (lot18003) Hancock Ave, can be purchased individually or together—refer to MLS#7057557 for separate listings or combined MLS#8289899 for joint purchase. Detailed surveys including boundary, topographic/elevation, and tree information are readily available. Positioned adjacent to a captivating Lake Travis wet/dry cove and meandering creek featuring a serene waterfall, these lots boast an array of majestic tree species including Live Oak, Sycamore, and Elm. Whether crafting your single-family sanctuary or envisioning a cluster of 10-12 townhomes or apartments, the possibilities are boundless. Lago Vista authorities have confirmed the feasibility of extending sewer and water services to the property, with extension costs to be borne by the purchaser. Conceptual sketches for single-family dwellings offer inspiration for your vision, while ownership grants full access to LVPOA amenities. Conveniently situated within the same block as Hancock Park—featuring swimming facilities and playground—and less than a mile from Cody Park boasting a boat ramp, the allure of recreational pursuits is at your doorstep. Zoned for High Density Residential according to City of Lago Vista Ordinance No. 23-09-07-04, R-4 zoning allows for multifamily residential development including apartments, townhouses, and single-family homes. Maximum impervious cover is set at 50%, with front and rear setbacks of 25 feet and a 5-foot side yard setback, totaling 10 feet for both sides. The permissible building height stands at 35 feet, capped at three stories. The marketing pictures with approximate boundaries are for illustration purposes only, and the information provided is deemed reliable, but is not guaranteed and should be independently verified.
  1. Listed by Kyle Jancovech • TREC #0596190 • Jancovech Real Estate, LLC • (888) 440-4220

Property Details for 2503 Hancock Avenue

Subdivision Name
Highland Lake Estates Sec 18
Waterfront
Yes
Waterfront Description
Lake Front, Lake Privileges, Seasonal, Waterfront
Water Access Description
Lake Front, Lake Privileges, Seasonal, Waterfront
View
Hills, Lake, Panoramic, Creek/Stream, Trees/Woods, Water
View YN
Yes
Parcel Number
01628606010000
Tax Lot
18004

Location

Listing Courtesy of Jancovech Real Estate, LLC, Kyle Jancovech, TREC #0596190
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LISTING UPDATED: 02/29/2024 06:33 AM

Property Details for 2503 Hancock Avenue

StatusActive
MLS #6869581
Days on Market58
Taxes$6,311 / year
HOA Fees$200 / year
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size0.37 AC
CountyTravis County

Location

Listing Courtesy of Jancovech Real Estate, LLC, Kyle Jancovech, TREC #0596190
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Virtual Tour

Building Information for 2503 Hancock Avenue

Lot Size0.37 AC

Payment Calculator

$1,361 per month

30 year fixed, 7.25% Interest

Principal and Interest

$819

Property Taxes

$526

HOA Dues

$17

The Payment Calculator is for illustrative purposes only.

Property Information for 2503 Hancock Avenue

General Information
Exterior
  • Exterior Features: None
  • New Construction: No
  • Water Body Name: Lake Travis
  • Fencing: None
  • Community Features: Barbecue, Business Center, Common Grounds/Area, Clubhouse, Community Mailbox, Conference/Meeting Room, Dog Park, Fishing, Gated, Lake, Pet Amenities, Playground, Park, Pool, Planned Social Activities, Airport/Runway, Sport Court(s), Trails/Paths
Property Information
Lot Information
  • Lot Features: Back Yard, Sloped Down, Front Yard, Native Plants, Trees Large Size, Trees Medium Size, Views, Waterfall
  • Soil Type: Limestone
  • Road Surface Type: Asphalt
  • Zoning: R-4 Multifamily Residenti
  • Horse: No
  • Corporate Owner Allowed YN: No
  • Horse Amenities: None
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available, Underground Utilities
  • Water Source: Public
Financial Information
Taxes and HOA Information
  • Association: Yes
  • Association Name: LVPOA
  • Association Fee Includes: Common Area Maintenance, See Remarks, Security
  • Tax Assessed Value: $127,500
  • Additional Parcels: Yes
  • Additional Parcels Description: MLS#7057557
  • Tax Year: 2023
  • Tax Rate: 2.02%
Showing Information
Showing Information
  • Security Features: Controlled Access
  • Directions: Boggy Ford Road to Highland Lake Drive, south on Hancock Ave.

Property History for 2503 Hancock Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2503 Hancock Avenue

Taxable ValueLand$312,000Additions-Total$312,000
Home Facts
Beds0Lot Size15,991 SqFtStyleResidentialYear Built1985CountyTRAVISAPN0162860601

Schools near 2503 Hancock Avenue

This home is within Lago Vista Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 6 to 8
Public - 9 to 12
Public - 4 to 5
Rating
School
Distance
Lago Vista Elementary School
PublicPK to 3

Lago Vista Middle School
Public6 to 8

Lago Vista High School
Public9 to 12

Lago Vista Intermediate School
Public4 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2503 Hancock Avenue is a 0.37 ac of land for sale in Lago Vista, TX 78645. This property was listed for sale on February 29, 2024 by Jancovech Real Estate, LLC, it's currently listed at $150,000. It has been on the market for a total of 58 days and was last sold on April 15, 2022. This listing's school district is Lago Vista Independent School District. Nearby schools include Lago Vista Elementary School, Lago Vista Middle School and Lago Vista High School. 2503 Hancock Avenue is a 0-bed, 0-bath, 0.37 ac of land on a 15,990 sq. ft. / 0.37 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Jancovech Real Estate, LLC, Kyle Jancovech, TREC #0596190

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2024] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.