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$499,999

5803 Circulo DR, Lago Vista, TX 78645

1.88

acres

Estimated Mortgage: $2,550/moGet Prequalified
Multi Family

About This Multi-family property

This nearly 2-acre lot in Lago Vista, TX, offers stunning Lake Travis views and is zoned R-4 for multi-family residential development. With all utilities in place and adjacent to a condominium community, it’s a prime opportunity for investors and developers in a fast-growing Austin-area market. Landscape Gentle topography makes the lot ideal for development while preserving lake views. Mature trees and open buildable space enhance its scenic appeal. Improvements All utilities are in place, reducing costs. Zoned R-4, it allows for various multi-family residential options. Adjacent to an existing condominium community, it benefits from strong market demand. Location Just 35 minutes from downtown Austin, the property offers easy commuter access while maintaining a peaceful, suburban feel. It’s 1.2 miles from Lago Vista schools and close to Lake Travis, providing top-tier outdoor recreation. Nearby shopping, dining, and entertainment add to the area’s appeal. Highlights Lago Vista’s lake lifestyle, golf courses, and scenic beauty attract developers and future residents. Strong growth and rising demand for multi-family housing make this a prime investment. Summary With its ideal location, existing infrastructure, and breathtaking views, this property is perfect for residential communities, condominiums, or townhomes.

Listings checked every few minutes. MLS# 6197267 was Last Updated: 03-05-2026.

Listed by Stieler Harris, TX Real Estate Team LLC (512) 346-0000

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Listing courtesy of Unlock MLS as distributed by MLS Grid. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but is not guaranteed accurate by MLS Grid or Unlock MLS.

What is the Highland Lake Estates neighborhood like?

Highland Lake Estates is a residential subdivision in Lago Vista, Travis County, Texas, on the north shore of Lake Travis in the Hill Country roughly 35 miles northwest of downtown Austin. The subdivision was originally platted and built out starting in the 1970s, and homes primarily date from around 1974 onward. Architectural styles include Spanish and traditional single-family homes from the original build era as well as newer Hill Country-style custom homes.

Explore Highland Lake Estates

What employers are near 5803 Circulo DR?

  • Lago Vista ISD (Education)
  • City of Lago Vista (Government)
  • Lago Vista POA and amenity operations (Community services)

How does this property compare to others in Highland Lake Estates?

5803 Circulo DR is listed at $500K vs. the $400K median in Highland Lake Estates. Homes in Highland Lake Estates average 97 days on market.

MetricHighland Lake Estates
Median List Price$400K
Median Sold Price$386K
Average Days on Market97
Average Price per Sqft$254
Active Listings113

Market data as of May 2026.

Frequently Asked Questions

How much is 5803 Circulo DR?

5803 Circulo DR is listed for $499,999. It features 1.88 acres. Built in 2025.

What neighborhood is 5803 Circulo DR in?

5803 Circulo DR is located in the Highland Lake Estates neighborhood of Lago Vista, Texas.

How does 5803 Circulo DR compare to other multi-family propertys in Highland Lake Estates?

The asking price of $499,999 is 25.0% higher than the median multi-family property price of $400K in Highland Lake Estates.

What are the details of 5803 Circulo DR?

5803 Circulo DR was built in 2025, and sits on 1.88 acres of land, and is a multi family style multi-family property.