Big water. Big land. A rare 10-acre Lake Travis waterfront opportunity. Located on the coveted south side of Lake Travis, this property delivers something buyers search years for—deep water access paired with flat, usable acreage. Even better, the ownership extends into the lake, helping ensure reliable dock access regardless of fluctuating lake levels. Unlike many Lake Travis properties defined by steep cliffs and endless staircases, this shoreline is refreshingly approachable. A gradual path leads down to the dock, while the expansive lawn above creates a wide-open, park-like setting perfect for entertaining, outdoor games, pets, or future additions. The custom home, built in 2023 by Randy Savage Custom Homes, was designed to take full advantage of the views. A north-facing orientation brings soft natural light and colorful sunset skies, while dual balconies overlook the lake and provide multiple places to gather, relax, and take in the scenery. With 10 acres, the possibilities extend far beyond the existing home. Add a pool, outdoor kitchen pavilion, guest casita, or additional entertainment spaces to create a true Lake Travis compound or luxury short-term rental destination. Location is equally compelling. Minutes from Lakeway, a quick stop at Café Lago, and just seconds by boat to Crosswater Yacht Club for fuel and supplies. Deep water. Gentle shoreline. Expansive acreage. Lake Travis properties like this are incredibly hard to replace.
For sale
Price cut: $95K (2/27)
$1,500,000
1521 Chipmunk Road, Austin, TX 78734
3beds
2,416sqft
Est.:
Single Family Residence, Residential
Built in 2023
10.3 Acres Lot
$-- Zestimate®
$621/sqft
$-- HOA
What's special
Flat usable acreageExpansive acreageGentle shoreline
- 5 hours |
- 183 |
- 6 |
Zillow last checked: 8 hours ago
Listing updated: 13 hours ago
Listed by:
Brooke E LeMond 512-284-0799,
Keller Williams Heritage
Source: HLMLS,MLS#: 176697
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Rooms
- Room types: Kitchen, Laundry, Living Room, Utility Room Inside, Main Level Master Bdrm
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Double Oven, Disposal, Microwave, Washer Hookup, Electric Water Heater, Cooktop
Features
- Breakfast Bar, Recessed Lighting, Solid Surface Counters, Quartz Countertops
- Flooring: Laminate, Other
- Has fireplace: No
Interior area
- Total structure area: 2,416
- Total interior livable area: 2,416 sqft
Video & virtual tour
Property
Parking
- Parking features: Front Entry
Features
- Levels: One
- Stories: 2
- Patio & porch: Covered, Patio
- Exterior features: Balcony
- Fencing: Perimeter,Wood
- Has view: Yes
- View description: Lake, Panoramic
- Has water view: Yes
- Water view: Lake
- Waterfront features: Open Water, Lake Travis South
- Frontage length: 71
Lot
- Size: 10.3 Acres
- Dimensions: 3761 x 71 WF
- Features: Landscaped
Details
- Parcel number: 823903
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Wood Siding, HardiPlank Type
- Foundation: Slab
Condition
- Year built: 2023
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Green energy
- Energy efficient items: Ceiling Fan(s)
Community & HOA
Community
- Subdivision: None
Location
- Region: Austin
Financial & listing details
- Price per square foot: $621/sqft
- Tax assessed value: $1,386,934
- Date on market: 2/27/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/27/2026 | Price change | $1,500,000-6%$621/sqft |
Source: | ||
| 5/6/2025 | Price change | $1,595,000-5.9%$660/sqft |
Source: | ||
| 4/9/2025 | Price change | $1,695,000+364.4%$702/sqft |
Source: | ||
| 11/4/2019 | Listed for sale | $365,000$151/sqft |
Source: Keller Williams Realty #5400197 Report a problem | ||
| 10/30/2019 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 5/7/2019 | Listed for sale | $365,000$151/sqft |
Source: Kuper Sotheby's International Realty #3L3CF7 Report a problem | ||
| 10/6/2014 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 6/10/2014 | Sold | -- |
Source: Agent Provided Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $1,386,934 +5.3% |
| 2024 | $21,148 +23.3% | $1,317,116 +20% |
| 2023 | $17,150 +45% | $1,097,597 +35.5% |
| 2022 | $11,830 | $810,221 +110% |
| 2021 | -- | $385,825 +22.2% |
| 2020 | $6,025 +42.6% | $315,675 +42.9% |
| 2019 | $4,226 -3.6% | $220,973 |
| 2018 | $4,384 | $220,973 |
| 2017 | $4,384 +49.5% | $220,973 +43.2% |
| 2016 | $2,933 | $154,330 +10% |
| 2015 | $2,933 | $140,300 |
| 2014 | $2,933 | $140,300 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$9,205/mo
Principal & interest
$7380
Property taxes
$1825
Climate risks
Neighborhood: 78734
Nearby schools
GreatSchools rating
- 9/10Serene Hills Elementary SchoolGrades: PK-5Distance: 3.4 mi
- 8/10Hudson Bend Middle SchoolGrades: 6-8Distance: 1.8 mi
- 9/10Lake Travis High SchoolGrades: 9-12Distance: 4.3 mi





