Active Listing  ·  34 days on market

18205 Ridge Rd

Lago Vista, TX 78645
$899,000
4 Bed 3 Bath 2,614 sqft $344/sqft Built 1983 3.43 acres 2-Car Garage Pool Waterfront Lakeshore Ranch 01 Resub

Lake Travis living, made easy: hop the private tram down to your two-slip floating dock, or launch from the neighborhood boat ramp next door. 250 feet of shoreline and 3.43 acres give you room to spread out, with mature trees and park-like grounds buffering the house from the world. Step inside and the architecture does the work: vaulted wood ceilings, skylights, and oversized windows keep the water and Hill Country in view from nearly every room. The living room's wood-burning fireplace and built-in storage open straight onto an IPE deck over the cove, the natural spot for sunset watching. In the kitchen, granite counters, a center island, dual ovens, and a walk-in pantry mean you're never short on space for a crowd. Sleep on the main level, owner's suite included: two walk-in closets, Hill Country views, a jetted tub under the windows, and an oversized walk-in shower. Upstairs, a flexible attic space or bonus bedroom (new window, built-in shelving, 2024) leave room to grow — fourth bedroom, studio, whatever's needed. Outside: a fenced chicken coop, two storage sheds, and a garage workshop cover hobbies and gear. Recent updates take the guesswork out of ownership — new well pump (2023), main-area HVAC (2024), water softener and pressure tank replaced, vinyl siding added (2024).

At $344/sqft, this home is priced 34% above the Lago Vista active market average of $257/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

18205 Ridge Rd, Lago Vista, TX 78645

Property Details

Price $899,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,614 sqft
Lot Size 3.43 acres (149,410.8 sqft)
Year Built 1983
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lakeshore Ranch 01 Resub
County Travis
Zip Code 78645
$/sqft $344/sqft
Days on Market ,
HOA $100/Annually
Annual Tax Est. ,
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT244039794
List Date August 20, 2026
Elementary School Lago Vista
Middle School Lago Vista
High School Lago Vista
School District ,

Luke Allen (TREC #788149) has deep knowledge of Lago Vista and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in Lago Vista

Comparable Listings Right Now

Homes currently for sale in Lago Vista with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
2802 Lohmans Ford Rd #B
Lohmans Ford Condo
$1,150,000 $467 3 bd / 4 ba 2,464 sqft , 2026-05-14

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$4,315/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$179,800
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$4,315
Principal + Interest−$4,906
Property Tax (~2.1% TX avg)−$1,573
Insurance (~0.5%)−$375
Est. Monthly Cash Flow $-2,539

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Lago Vista, TX

Lago Vista sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on August 26, 2026.

📞 (254) 718-2567 [email protected] More about Luke →