| Leander 78645 | | | MLS #616916 |
10614 Deer Canyon Rd
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Perched above Lake Travis
Approximately 17.5 acres of land beautifully situated above the lake in Jonestown offer breathtaking panoramic views of Hill Country and Lake Travis. The property's back portion features dramatic elevation changes, mature trees and view corridors that extend for miles in multiple directions.
The exceptional thing about this property is that it's already making money. There are currently six well-maintained rental units that bring in around $9,400 per month in gross income. This means you have an instant cash flow while you enjoy the property and make future plans. The supporting infrastructure is also in place to allow for potential development throughout the property.
Income Producing with Views
Multiple Use Development Opportunity
The property's exceptional adaptability allows for a variety of purposes. You can build a luxury estate with a lake view, create a family compound, hold it as an investment, divide it into premium Hill Country view tracts or simply wait and see how the area develops around Lake Travis. The possibilities are endless.
With its six water meters, three septic systems and existing access, this property is ready to be developed. Build sites are available throughout the land. Located within the ETJ and outside of the floodplain, this unique opportunity in Lake Travis corridor has additional neighboring acreage available for expanded assemblage potential.
Strong Infastructure
With six recently upgraded rental units, this property offers high-quality accommodations that tend to be occupied by long-term tenants. This makes for an excellent income source while construction or development plans are being made on the property.
Did we Mention INCOME PRODUCING?
Endless possibilities on your own private acreage
Take full advantage of the possibilities presented by this 17.5 acre property in Jonestown, situated above Lake Travis. The huge grassy area is surrounded by mature trees and affords spectacular Hill Country views. With its existing septic infrastructure, you can build a family compound, earn rental income from existing units, or just keep it as your own private overlook.
Information deemed reliable, but not guaranteed. Not intended to solicit sellers or buyers under written contract with another REALTOR®.