Active Listing  ·  299 days on market

18401 Lakeland Dr

Lago Vista, TX 78645
$450,000
3 Bed 2 Bath 1,247 sqft $361/sqft Built 2007 0.22 acres 2-Car Garage Pool Point Venture Sec 01

Currently being used as an AIR BNB; Lovely single-story retreat on Lake Travis in popular Point Venture! Secure your summertime getaway, vacation rental, or future home located near the water, with access to the lake, community boat dock, Point Venture Golf Club, and more! Interior home features include stained concrete floors in main living areas, carpet in bedrooms, raised ceilings, recessed lights, and stunning wood-burning fireplace w/track lighting. The kitchen features quartz, glass tile backsplash, electric range, microwave, and is open to living and dining areas. The primary bedroom features en suite bath with walk-in shower, double vanity, and walk-in shower. the secondary bedrooms are on the opposite side of the home with the second bath, which also has a walk-in shower. The backyard is an entertaining paradise features an upper covered patio, a lower open patio, and plenty of yard space of furry friends and outdoor activity. Come see this amazing Point Venture retreat today!

At $361/sqft, this home is priced 40% 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

18401 Lakeland Dr, Lago Vista, TX 78645

Property Details

Price $450,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,247 sqft
Lot Size 0.22 acres (9,456.88 sqft)
Year Built 2007
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Point Venture Sec 01
County Travis
Zip Code 78645
$/sqft $361/sqft
Days on Market ,
HOA $130/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT212975998
List Date November 28, 2025
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
1101 Ivean Pearson Rd #E203
Waterstone Condo
$399,000 $265 2 bd / 3 ba 1,508 sqft , 2026-07-03
585 Demarett Dr
Point Venture Highpoint Townhomes
$379,900 $233 3 bd / 3 ba 1,630 sqft , 2025-09-28
239 VENTURE Blvd S
Indian Point At Point Venture
$379,000 $236 3 bd / 2 ba 1,608 sqft , 2026-08-26
300 S Venture Blvd S
Point Venture Sec 01
$369,000 $241 3 bd / 2 ba 1,528 sqft , 2026-06-26
205 Venture Blvd S
Indian Point At Point Venture
$365,000 $240 3 bd / 2 ba 1,518 sqft , 2026-08-27

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
$2,160/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
$90,000
20% conventional investment loan

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

Estimated Gross Rent+$2,160
Principal + Interest−$2,456
Property Tax (~2.1% TX avg)−$788
Insurance (~0.5%)−$188
Est. Monthly Cash Flow $-1,272

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 May 4, 2026.

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