21200 Highland Lake DR, Leander TX 78645

Leander, TX 78645 | Highland Lake Estates

0 Beds
Baths
0.7551 Acres

About This Property

Position your business for success with this unique 0.75-acre commercial lot located in the growing lake community of Lago Vista. Zoned C-1 (and potentially rezone to R4), this property offers flexibility for a variety of commercial uses including office, retail, professional services, contractor operations, studio space, restaurant, and other neighborhood business concepts. As Lago Vista/Leander continues to experience significant residential and commercial growth, opportunities to secure commercially zoned land at this price point are becoming increasingly rare. While not located in a major retail corridor, that actually becomes an advantage as the property offers strong long-term potential for owner-users, investors, and small businesses seeking affordability, visibility, and a strategic foothold in an expanding market. Recent improvements to nearby Santa Rita Drive have enhanced accessibility, connectivity, and traffic flow throughout the area. Surrounded by growing neighborhoods and development, this property is well-positioned to benefit from the area’s ongoing growth and increasing demand for local services and commercial infrastructure. The approx. 0.755-acre lot features level topography and a unique triangular configuration that allows creative site planning, parking layouts, signage opportunities, and efficient building design. Utilities including water, sewer, electricity, and phone service are available at the street, helping future development potential. Whether you are looking to establish a business location, create an income-producing investment, or secure commercial land for future development, this property offers flexibility and long-term upside in one of the Hill Country’s growing communities. There may also be future rezoning potential to R4, subject to city approval, which could create possibilities for multifamily or short-term rental development. Buyer to independently verify zoning, utilities, development requirements, and intended use.

Location

Schools

School District Lago Vista ISD
Elementary Lago Vista
Middle School Lago Vista
High School Lago Vista

Property Details

Property Type Land
County Travis
MLS # 3926713

Tax Information

Annual Taxes (MLS) $1,480 (2025)

Listing History

MLS# 3926713 57 days
Aug 14, 2026 Off Market
Aug 10, 2026 Pending
Jul 13, 2026 Price Change $65,000
Jun 10, 2026 Listed $85,000

Frequently Asked Questions About 21200 Highland Lake DR, Leander TX 78645

How much does 21200 Highland Lake DR, Leander TX 78645 cost?

21200 Highland Lake DR, Leander TX 78645 sold on August 14, 2026. Contact us for sale price details.

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