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Crystal Olenbush

  • 3101 Drapers Cove

  • $1,500,000 REDUCED
  • 4 Beds, 2 Bath, 2377 SQ. Feet, 4.21 Acres Residential Lago Vista, TX 78645

This is a rare chance to own a beautiful home on the Waterfront of Lake Travis located on 4.206 acres, complete with a boat dock, outdoor kitchen, and hot tub! What compares to owning your own slice of waterfront on Lake Travis, serene wildlife and scenery, and unbelievable sunsets? This one-of-a-kind abode offers over 2500 sqft of Trex deck running the full length of the home that is perfect for gathering with family and friends and watching the boats pass by with your morning coffee. Once inside, you can relax and enjoy the vaulted, wood ceilings and the stone statement wall with fireplace in the spacious family room with loads of windows and deck access allowing natural light and water views! The kitchen features granite countertops, double ovens, and stainless-steel appliances. Three large bedrooms are in separate locations throughout the home for ultimate privacy and all feature a wall of windows letting in Lake Travis! An additional flex room could be an office, extra bedroom or living area, and features a loft area for more sleeping quarters! Beneath the home, you will find the reinforced steel beams that the home sits upon, providing a durable foundation while also raising the interior of the home built to the level of the dam, so it has never flooded! Below is where parties will happen on every sunny day with the hot tub, built-in grill, fridge, sink, and bar area- all facing the lake! A quick hop on the golf cart down the newly paved pathway will take you straight to the boat dock that has never been dry, so you can always enjoy your boating days! There is no HOA. Short-Term Rentals are Allowed. Experience the peacefulness and serenity of waterfront living with dramatic panoramic lake views, epic sunsets, and roaming deer as the backdrop.

Essential Information

  • MLS® #9735520
  • Price$1,500,000
  • Bedrooms4
  • Bathrooms2.00
  • Full Baths2
  • Square Footage2,377
  • Acres4.21
  • Year Built1979
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusActive

Community Information

  • Address3101 Drapers Cove
  • SubdivisionSettle M
  • CityLago Vista
  • CountyTravis
  • StateTX
  • Zip Code78645


  • UtilitiesElectricity Available
  • FeaturesGolf, Lake, Airport/Runway
  • ParkingCarport, Off Street
  • Is WaterfrontYes
  • WaterfrontLake Front


Hills, Lake, Panoramic, Water, River


  • InteriorCarpet, Concrete, Tile, Wood
  • HeatingCentral
  • CoolingCentral Air, Ceiling Fan(s)
  • FireplaceYes
  • # of Fireplaces1
  • FireplacesFamily Room
  • # of Stories2
  • StoriesTwo


Built-In Oven, Dryer, Electric Cooktop, Exhaust Fan, Refrigerator, Washer, Water Purifier Owned


  • Exterior FeaturesExterior Steps, Boat Slip
  • WindowsBlinds
  • RoofMetal

Lot Description

Private, Trees Large Size, Views


HardiPlank Type, Stone Veneer, See Remarks


Pillar/Post/Pier, Raised, See Remarks

School Information

  • DistrictLago Vista ISD
  • ElementaryLago Vista
  • MiddleLago Vista
  • HighLago Vista

Map & Directions

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Price Change History for 3101 Drapers Cove, Lago Vista, TX (MLS® #9735520)

Date Details Price Change
Price Reduced $1,500,000 $250,000 (14.29%)
Price Reduced (from $1,999,000) $1,750,000 $249,000 (12.46%)

Property Listed by: Kuper Sotheby's Itl Rlty

The information being provided is 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.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from September 29th, 2023 at 5:17am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. 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. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.