Located right off Dawn Dr. in the heart of Lago Vista, this 1.37-acre site (totaling 59,685 SF) offers a great opportunity for a multifamily or build-to-rent project in one of the fastest-growing pockets of the North Shore. This offering includes three adjacent lots—20901, 20903, and 20905 Dawn Dr—all zoned and positioned for residential development. The site is walkable to parks, schools, retail, and just minutes from Lake Travis, making it ideal for renters or buyers looking for both convenience and lifestyle. Whether you’re building townhomes, duplexes, or a small apartment footprint, this property checks the boxes for location, scale, and long-term upside.