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Off market
  • $4,282,268

    4601 Island Cv, Austin, TX 78731

    0beds
    0baths
    0.5Acres
    Single Lot
    Built in 1985
    0.5 Acres Lot
    $-- Zestimate®
    $--/sqft
    $3,019 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,019/mo

    Zestimate® history
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    $3,019/mo

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    $27,550/mo

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    What's special

    Located in the gated enclave of The Island, this half acre lot on Lake Austin offers the opportunity to build a dream house just minutes from downtown. Extensive entitlement work has been completed to allow for grandfathered impervious cover limits and minimum lake setbacks. Included in the sale are complete, permitted plans by Alterstudio for a fantastic seven bedroom home with detached party space, pool and boat dock. The property has 150 feet of canal frontage with two boat slip inlets. A truly unique waterfront opportunity. Acreage per survey.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 0
    Heating
    • Electric, Gas

    Property

    Features
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.50 Acres
    • Features: Level, Cleared, Interior Lot, Curbs, Back Yard
    Details
    • Parcel number: 423144

    Utilities & green energy

    • Utilities for property: Electricity Available, Natural Gas Available, Water Available, Sewer Available

    Community & neighborhood

    Location
    • Region: Austin

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $200 monthly

    Other

    Other facts
    • View: Lake, Water
    • AssociationYN: true
    • Utilities: Electricity Available, Natural Gas Available, Water Available, Sewer Available
    • CommunityFeatures: Controlled Access, Gated, Cluster Mailbox
    • LotFeatures: Level, Cleared, Interior Lot, Curbs, Back Yard
    • ElectricOnPropertyYN: True
    • FarmLandAreaUnits: Square Feet
    • ExteriorFeatures: Boat Slip
    • RoadResponsibility: Private Maintained Road
    • RoadSurfaceType: Concrete
    • DistanceToWaterComments: Less than 1 Mile
    • MlsStatus: Active
    • PropertySubType: Single Lot
    • Road surface type: Concrete

    Price history

    DateEventPrice
    1/27/2021Listing removed--
    Source: Unlock MLS #7325743
    12/4/2020Price change$2,995,000-7.8%
    Source: Unlock MLS #7325743
    9/15/2020Listed for sale$3,250,000+133%
    Source: Gottesman Residential R.E. #7325743
    6/3/2012Listing removed$1,395,000
    Source: Gottesman Residential Real Estate #3707829
    12/6/2011Listed for sale$1,395,000
    Source: Gottesman Residential Real Estate #3707829

    Public tax history

    YearProperty taxesTax assessment
    2025-- $3,564,000 -46.5%
    2024$132,015 +194.8%$6,661,305 +169.1%
    2023$44,779 -8.4%$2,475,000

    Find assessor info on the county website

    Neighborhood: 78731

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Highland Park
    • Middle: Lamar (Austin ISD)
    • High: McCallum
    • District: Austin ISD

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.