A luxury lake home on 3.6 acres of R4 zoned land steps from Lake Travis. This doesn't exist in Lago Vista. Until now. 21603 Thomas Cove is a custom four-bedroom, three-bath build with 12-foot ceilings, floor-to-ceiling Lake Travis and Hill Country views, and a covered outdoor kitchen that makes the outdoors the best room in the house. Single-level, 2,445 square feet, finished to a standard that competes with anything new on the water. The two contiguous parcels total 3.6 flat, cleared acres with utilities in place and R4 multifamily zoning on both. What that means practically: a guest house or in-law suite with its own entrance. A barn or workshop compound. A second home generating Lake Travis rental income that services your mortgage. Or a third. Develop the front acreage thoughtfully and this home costs you nothing - the land pays for it. Most buyers will live here and never build a thing. They'll own nearly 4 acres on Lake Travis in a luxury home and love every minute of it. The optionality is simply always there. Rate buydown to 3.99% available through preferred lender. 4 BD | 3 BA | 2,445 SF | 3.6 AC Total - Flat, Cleared & Utilities Ready | R4 Zoning Both Parcels | Lake Travis & Hill Country Views | Outdoor Kitchen | Rate Buydown to 3.99%