An extraordinary, highly versatile live-work property in a prime location right off Highway 183 and Crystal Falls Parkway. Spanning three combined lots with mature oak trees and no HOA, this site offers endless potential for homeowners, business owners, and investors alike. The commercial lot features high-visibility frontage on Crystal Falls Parkway and includes a dedicated garage building equipped with 240V power and its own separate electric meter ready for commercial use or business operations.
The single-story main residence sits on two adjoining lots and showcases ceramic tile flooring throughout. The primary layout includes a welcoming living room with a fireplace, formal dining room, kitchen with included appliances, plus a spacious primary suite complete with its own private fireplace. Two additional bedrooms are split between the main home and the attached addition, bringing the residential count to three total bedrooms and a two-car garage.
Connected by a interior entryway but also featuring a fully independent exterior entrance, the flexible attached apartment addition can easily be partitioned off for immediate rental income or multi-generational living. This expansive wing boasts a full bathroom/shower, a private bedroom, two dedicated home offices, and a massive game room housing an indoor non-functional hot tub ready for custom re-imagining.
Meticulously maintained in original condition, the structures are in solid shape with no roof or foundation issues noted, alongside an AC system approximately five years old and 240V power at both the house and commercial garage. Combining high-exposure commercial potential, passive income streams, and residential space on a spacious tree-lined site, this property is a truly rare find with exceptional upside.
Property Details
- Cooling
- 1
- Heating
- Central, Fireplaces
- Cooling Features
- Central Air, Ceiling Fans, Electric
- Acres
- 0.0
- Lot Size (sqft)
- 1.02
- Parking Features
- Attached, Door Single, Driveway, Garage, Open, Outside
- Parking
- 1
- Parking Spaces
- 6.0
- Parking Type
- Garage
- Property Type
- Purchase
- Property Subtype Additional
- Mixed Use
- Year Built
- 1970
- Foundation
- Slab
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
- Subdivision
- Highway Village
- County
- Williamson
- Region
- Leander
- Original List Price
- $599,000
- Days on Market (Cumulative)
- 4
- Taxes Annual
- $9,854
- MLS #
- 4992016
- Property Subtype
- MixedUse
- Parcel Number
- 17W329000000200006
- MLS #
- 4992016
- Property Condition
- Resale
- Date Listed
- September 03, 2026
- Address
- 1702 Lone Oak Drive
Location
Legal
Based on information submitted to the MLS GRID as of 2026-09-03T15:27:48Z UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Provided By
Listed by Chris Watters (#567369)
Listing Office: Watters International Realty (#5827)
