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11014 W Lake Terrace Dr

Jonestown, TX 78645

2 beds
1 bath
1,221 sqft
~3/4 acre lot
$163 per sqft
1970 build
– on site

Rare opportunity to own 0.68 acres in the heart of Jonestown, just minutes from the shores of Lake Travis. This property includes an existing fire-damaged home, a detached workshop also impacted by fire, and an intact shed ready for use. Utilities including water and electricity are already available on-site, saving time and money for future development. The gently sloped terrain offers excellent building potential for a new custom home or investment property. Located within a quiet residential neighborhood surrounded by beautiful Hill Country scenery and established homes, neighboring property feature two-story decks that may offer views of Lake Travis. The lot is nestled in an area that continues to experience strong growth and demand, making it an excellent investment opportunity. Comparable properties in the area are priced significantly higher, offering tremendous value and upside for the next owner. Enjoy close proximity to Jones Brothers Park with lake access, boat ramps, playgrounds, and sports courts, all less than five minutes away. Cedar Park’s vibrant shopping, dining, and entertainment options are just a short drive, and downtown Austin is reachable in under 45 minutes, making this an ideal location for both a private retreat or a full-time residence. This property offers the rare combination of a prime location, existing infrastructure, and strong potential for appreciation. Whether you are looking to rebuild, start fresh with a new home, or hold for future gains, this property presents a compelling opportunity at a price well below the Zillow Zestimate and Travis County Appraisal District valuation. Seize this chance to invest in one of the most desirable areas near Lake Travis.

Listing courtesy of ABOR / Patrick Ma / eXp Realty, LLC

Last checked: Checking… • Last updated Apr 27, 2025 •

MLS# 2856486 —

The Building

Year Built:

1970
New Construction:

false
Roof:

See Remarks
Foundation:

See Remarks
Exterior Features:

See Remarks
Accessibility Features:

See Remarks
Patio And Porch Features:

See Remarks
Window Features:

None
Levels:

One
Direction Faces:

South

Interior

Interior Features:

See Remarks
Living:

1
Dining:

1
Flooring:

Brick
Fireplace:

See Remarks
Fireplaces Total:

1
Laundry Location:

None

Room Dimensions

Living Area:

1221
Living Area Source:

Public Records

Financial & Terms

Possession:

Close Of Escrow
Restrictions:

City Restrictions

Location

Latitude:

30.498559
Longitude:

-97.925531
Directions:

?From downtown Austin, take TX-1 Loop North (Mopac), then exit onto RM 2222 West. Continue on RM 2222 for about 10 miles, then turn right onto FM 620 North. After approximately 2.5 miles, turn left onto Anderson Mill Road and follow it for about 6 miles. Turn left onto FM 1431 West and drive for about 3 miles. Then, turn right onto W Lake Terrace Drive; 11014 W Lake Terrace Drive will be on your left.

The Property

Property Type:

Residential
Subtype:

Single Family Residence
Parcel Number:

01905809150000
Property Condition:

Tear Down
Other Structures:

Shed(s)
Lot Features:

City Lot
Lot Size Acres:

0.6837
Lot Size Area:

0 Sqft
Lot Size SqFt:

29,781 Sqft
SqFt Total:

1,221 Sqft
View:

See Remarks
Waterfront:

false
Waterfront Features:

None
Horse:

false
Additional Parcels:

true
Fencing:

Chain Link
FEMA Flood Plain:

No

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

$5,910.92

Beds

Bedrooms Total:

2
Main Level Bedrooms:

2

Baths

Total Baths:

1
Total Baths:

1
Full Baths:

1

The Listing

Special Listing Conditions:

Standard
Listing Terms:

Cash
Occupant Type:

Vacant

Heating & Cooling

Heating:

See Remarks
Cooling:

Other

Utilities

Utilities:

Electricity Available
Sewer:

Septic Tank
Water Source:

Public
Electric On Property:

true

Appliances

Appliances:

See Remarks

Schools

Elementary School:

CC Mason
Elementary School District:

Leander ISD
Middle School:

Cedar Park
Middle School District:

Leander ISD
High School:

Cedar Park
High School District:

Leander ISD

The Community

Subdivision Name:

Jonestown Hills
Community Features:

None
Pool Private:

false
Pool Features:

None

Parking

Parking Features:

Circular Driveway
Garage:

false
Attached Garage:

false

Monthly cost estimate

Asking price

$199,900

Expense	Monthly cost
Mortgage	$1,070
Taxes	$492
Insurance	$54
Utilities	$153 See report
Total	$1,769/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

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Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

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This house located in Jonestown, TX 78645 is currently for sale for $199,900. 11014 W Lake Terrace Dr is a 1,221 square foot house with 2 beds and 1 bath that has been on Estately for 12 days. This house is in the attendance area of Cedar Park High School, Cedar Park Middle School, and Mason Elementary School.

Based on information from the Austin Board of REALTORS® and ACTRIS 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.