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FOR SALE
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$3,800,000

Lot 5 Colorado Canyon DR, Marble Falls, TX 78654

22.96

acres

Estimated Mortgage: $18,229/moGet Prequalified
Unimproved Land

About This Lot

Experience the Ultimate Hill Country Waterfront Retreat Welcome to your private slice of paradise on Lake Travis—located in the exclusive, gated community of Dos Rios. This breathtaking 23-acre waterfront ranch offers 750 feet of shoreline, providing unmatched tranquility and endless possibilities for lakeside living. Perched directly across from Pace Bend Park, your views are completely unobstructed by neighboring homes or boat docks—just pure, serene nature as far as the eye can see. Whether you're planning to build a legacy estate, a luxury second home, or a private family compound, you'll find multiple premier build sites nestled under majestic oak canopies. 23 Acres in Gated Community. 750 Ft of Waterfront with Private Cove. Wildlife Exemption for Low Taxes. Multiple Build Sites with Scenic Views. Abundant Wildlife – Whitetail deer and native fauna. Unspoiled Views across from Pace Bend Park. Easily Accessible – Paved Roads just West of Lago Vista. Whether you envision morning coffee by the water, sunset strolls under ancient oaks, or simply a quiet place to recharge—this property delivers the ideal backdrop for your Hill Country dream. Come take a private tour and imagine the possibilities.

Listings checked every few minutes. MLS# 1349227 was Last Updated: 04-13-2026.

Listed by Kirk Lewis, Kuper Sotheby's Int'l Realty (512) 422-2495

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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 Chimney Oaks at Lake Travis neighborhood like?

Chimney Oaks at Lake Travis is a residential neighborhood in the greater Austin metro area, situated in the Lakeway area within the 78654 zip code in Travis County. The neighborhood is positioned along the SH 71, RR 620, Bee Cave Road corridor and Lakeway Boulevard, approximately 30-45 minutes via SH 71 or Loop 360 from downtown Austin. Chimney Oaks at Lake Travis is part of the broader Lakeway area residential landscape that has seen ongoing development and population growth as the Austin metropolitan area continues to expand outward from the city core into surrounding communities.

Explore Chimney Oaks at Lake Travis

What employers are near Lot 5 Colorado Canyon DR?

  • Lake Travis ISD (Education)
  • BSW Medical Center - Lakeway (Healthcare)
  • Hill Country Galleria employers (Retail)

How does this property compare to others in Chimney Oaks at Lake Travis?

Lot 5 Colorado Canyon DR is listed at $3.8M vs. the $1000K median in Chimney Oaks at Lake Travis. Homes in Chimney Oaks at Lake Travis average 201 days on market.

MetricChimney Oaks at Lake Travis
Median List Price$1000K
Median Sold Price$1.1M
Average Days on Market201
Average Price per Sqft$441
Active Listings1

Market data as of May 2026.

Frequently Asked Questions

How much is Lot 5 Colorado Canyon DR?

Lot 5 Colorado Canyon DR is listed for $3,800,000. It features 22.96 acres.

What neighborhood is Lot 5 Colorado Canyon DR in?

Lot 5 Colorado Canyon DR is located in the Chimney Oaks at Lake Travis neighborhood of Marble Falls, Texas.

How does Lot 5 Colorado Canyon DR compare to other lots in Chimney Oaks at Lake Travis?

The asking price of $3,800,000 is 280.0% higher than the median lot price of $1000K in Chimney Oaks at Lake Travis.

What are the details of Lot 5 Colorado Canyon DR?

Lot 5 Colorado Canyon DR sits on 22.96 acres of land, and is a unimproved land style lot.