5006 Lohmans Ford Road, Lago Vista, TX 78645
This lot could be used for anything! It’s across from Lago Vista high school and would be a great place for the youth to convene after school or could be a multi family complex. Both are drastically needed in the Lago Vista area. This is unrestricted, ETJ land. It’s 10.5 acres of relatively flat, some rolling hills that allow lake views from the property. Easy access from Lohman Ford; right in the heart of Lago Vista. Suitable for multi family, a single-family estate, strip center, agriculture and farm, camping, hotel, subdivide for a small community, RV park, mobile homes…... anything that comes to mind. There is a septic on the property and a well, but the current owners have never used either one. There is a possibility to annex into the city of Lago Vista. The tax rate is very low on ETJ land. Lago Vista is a fast growing city. A+ rated schools!
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Competition is low in 78645, with homes selling 10% below asking price over the last three months. Three years ago, they were selling 1% below asking price.
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