1208 W. LAKELAND Dr DR, Austin TX 78732

Off Market

Aerial overview of property's location with a forest and a nearby body of water

Additional photos available to registered users

Ed's Opinion of Value

$555,000 Ed's Estimate: $603,936 $1,300,000

Lowest Comp Recommended List: $592,000 to $616,000 Highest Comp

The estimated value of this property is $603,936, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $592,000 and $616,000. At this price, the property would be the 2nd most expensive of 4 comparable homes on the market comparable homes currently on the market in LAKELAND PARK. Built in 1972, this home is 38 years older than the average comp, which is reflected in the adjustments. The 0.23 acre lot (larger than the 0.20 acre average) is reflected in the estimate. Based on 7 relevant data points in LAKELAND PARK, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX

78732 Market Trends

$891,250 Median Sold Price ▲ 8% 6mo

$275/sqft Median $/SqFt ▲ 5.6% 6mo

48 days Avg Days on Market 23 days faster

88 homes Active Inventory 3.7 mo supply

97.1% Sale-to-List Ratio

144 Sales (6 months)

$558,471 Tax Assessed (2025)

Recently Sold Comparables

$563,870 adjusted 12521 Tierra Grande TRL, Austin TX 78732 3bd / 2.0ba • 2,024 sqft • 1 mi Sold 23 days ago

$564,077 adjusted 12701 Tierra Grande TRL, Austin TX 78732 3bd / 2.0ba • 2,045 sqft • 1 mi Sold 7 months ago

$708,041 adjusted 11601 Shadestone TER, Austin TX 78732 3bd / 2.0ba • 1,862 sqft • 2.3 mi Sold 5 months ago

$573,159 adjusted 12617 Tierra Grande TRL, Austin TX 78732 3bd / 2.0ba • 2,169 sqft • 1 mi Sold 5 months ago

$622,466 adjusted 11712 Red Oak Valley LN, Austin TX 78732 3bd / 2.0ba • 1,862 sqft • 2.5 mi Sold 8 months ago

Currently on Market

$1,300,000 12417 River BND # 2, Austin TX 78732 3bd / 2.0ba • 2,104 sqft • 0.5 mi 22 days on market

$565,000 1301 S Quinlan Park RD, Austin TX 78732 3bd / 2.0ba • 1,715 sqft • 0.2 mi 18 days on market

$555,000 12712 Monterey PATH, Austin TX 78732 3bd / 2.0ba • 2,183 sqft • 1.3 mi 115 days on market

4 Beds

2 Baths 2 Full

1,968 Sq Ft

0.23 Acres

1972 Built

2 Garage

About This Property

Prime tear-down opportunity!
This is the perfect lot to build your custom dream home near the water. This property sits in the heart of the sought-after Lakeland Park subdivision where most original homes are being replaced by stunning new builds that embrace the lake lifestyle.
Just minutes from Lake Austin Spa, a public boat ramp at Mary Quinlan Park and access to the private neighborhood waterfront park on Lake Austin, this lot offers the lifestyle you’ve been waiting for. Whether you're envisioning a weekend escape, a modern lake retreat, or just a peaceful place to store your toys and relax under the stars, this is a rare opportunity you don’t want to miss. Sitting on nearly a quarter-acre with NO HOA and within Travis County’s 2-mile ETJ, you’ll enjoy the fewer restrictions without city taxes. Bring your builder, your vision, and your love for lake life.
Opportunities like this are few and far between in this neighborhood. Now’s your chance to create something extraordinary. The existing structure is a tear down and conveys AS-IS. The owner reduced the price to cover the cost of a tear down!

Property Highlights

View Hill Country

Features

High Ceilings

Location

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Schools

School District Leander ISD

Elementary River Ridge

Middle School Canyon Ridge

High School Vandegrift

Property Details

Property Type Residential

Construction HardiPlank Type, Stone Veneer

Roof Metal

Foundation Pillar/Post/Pier

Levels Two

Flooring Carpet, Tile, Vinyl

Cooling Wall/Window Unit(s)

Heating Wall Furnace

Fireplace Family Room

Exterior None

County Travis

MLS # 5283170

Garage 2 spaces

Parking 4 spaces: Detached, Garage Faces Front

Lot, Outdoor & Utilities

Lot Features Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft)

Fencing Chain Link, Wood

Water Municipal Utility District (MUD)

Sewer Septic Tank

Utilities Electricity Connected, Internet-Cable, Sewer Connected, Water Connected

HOA & Community

Community Features BBQ Pit/Grill, Fishing, Lake, Picnic Area

Tax Information

Annual Taxes (MLS) $6,618 (2025)

Assessed Value $558,471

Exemptions Disability, Homestead, Over 65

Listing History

MLS# 1798674 187 days

Feb 27, 2026	Off Market
Feb 18, 2026	Pending
Aug 14, 2025	Listed	$350,000

MLS# 5283170 187 days

Feb 17, 2026	Off Market
Jan 16, 2026	Price Change	$300,000
Aug 14, 2025	Listed	$350,000

Frequently Asked Questions About 1208 W. LAKELAND Dr DR, Austin TX 78732

When was 1208 W. LAKELAND Dr DR, Austin TX 78732 built?

1208 W. LAKELAND Dr DR, Austin TX 78732 was built in 1972. It is hardiplank type, stone veneer construction with 1,968 square feet on a 0.23 acre lot.

How much does 1208 W. LAKELAND Dr DR, Austin TX 78732 cost?

1208 W. LAKELAND Dr DR, Austin TX 78732 is currently off market.

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