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Fred Milling
Sales/Leasing
REALTOR®
(512) 623-0580
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21200 Highland Lake Dr, Leander, TX 78645

$125,000
  • 21200 Highland Lake Dr, Leander, TX 78645 Main Photo

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New to the Market Active
MLS#1988016
STATUSActive PROPERTY TYPECommercial - Business SUBDIVISIONHighland Lake Estates

Property Description

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 areas 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 Countrys 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.

21200 Highland Lake Dr | MLS# 1988016

This commercial property located at 21200 Highland Lake Dr, Leander, TX 78645 is currently listed for sale with an asking price of $125,000. Search Leander real estate on www.millingaboutre.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 0.76 Acres
Taxes: $1,480

Feature Descriptions

Area #: LN
Building Features: See Remarks
Days on Site: 2
Exterior: None
Flood Plain: No
Parcel#: 01609001020000
Parking Notes: None
Restrictions: Deed Restrictions
Sewer: Public Sewer
Special View Info: Hill Country
Topography: Nice Level Lot
Utilities: Electricity Available, Phone Available, Sewer Available, Water Available
Water: Public

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty-RR
Agency Contact: (512) 994-0247

Shown By

Agent Name: Fred Milling
Agent Phone: (512) 623-0580
Agency Title: Realty Capital City

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/13/2026. The listing information on this page last changed on 05/13/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 05/13/2026 1:45:02 AM EST) or Austin MLS (last updated Wed 05/13/2026 12:27:41 AM EST) or CTXMLS (last updated Tue 05/12/2026 11:34:25 PM EST). Real estate listings held by brokerage firms other than Realty Capital City may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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