Zoned Multi-Family AND/OR Single-Family! This property offers the flexibility to purchase the lot on its own OR take advantage of a special Build-On-Your-Lot opportunity with Caledonia Builders. Buyers who choose to build with Caledonia can benefit from a reduced Cost Plus 17.5% builder fee, maximizing value. Whether you're ready to build now, planning for the future, or simply looking to secure land near Lake Travis, this lot offers options to fit your goals. Lago Vista property owners enjoy access to 9 private Lake Travis waterfront parks, 4 boat ramps, 5 playgrounds, a fishing well, marina access, private camping grounds, hiking trails, disc golf, tennis courts, pickleball courts, basketball courts, sand volleyball, practice fields, 2 fitness centers, and more!