Active Listing  ·  222 days on market

19621 TRANQUILITY FALLS Cv

Lago Vista, TX 78645
$725,000
4 Bed 4 Bath 3,225 sqft $225/sqft Built 2023 0.23 acres 2.5-Car Garage Pool The Hollows on Lake Travis

This gorgeous home is a premium layout with on-trend finishes in the desirable, amenity-filled neighborhood of The Hollows. Perfect, functional floorplan features white oak LVP flooring, rich wood cabinetry, granite and quartz counters, built-in stainless appliances, a coffee station, high ceilings throughout with 4 bedrooms + office, 4 full baths, media room, separate office, and game room! View from your bedroom window! Primary bathroom features dual vanities, expansive shower, and tile-wrapped soaking tub. Large, open backyard with wrought iron fencing. Soak in the serene nature on your large covered balcony or watch the game on your exterior TV on your covered patio. 2.5 car garage with extra storage! This stunning home CAN BE SOLD FURNISHED. All furnishings negotiable included from couches, beds, bunk beds, video game machine, game table, TVs, massage chair, and more. The ultimate move-in ready home! If you are relocating and you don't want to furnish a 3000+ sqft house, this is your opportunity! The Hollows amenities include multiple pools, trails, marina, pickleball courts, kayak clubs, playgrounds, and more! *This section is one of few in The Hollows that allows Short Term Rentals STR.*

At $225/sqft, this home is 12% below the Lago Vista active market average of $257/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

19621 TRANQUILITY FALLS Cv, Lago Vista, TX 78645

Property Details

Price $725,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths ,
Living Area 3,225 sqft
Lot Size 0.23 acres (10,018.8 sqft)
Year Built 2023
Garage 2.5 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision The Hollows on Lake Travis
County Travis
Zip Code 78645
$/sqft $225/sqft
Days on Market ,
HOA $615/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT219365601
List Date February 13, 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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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · February 13, 2026 $750,000
Previous ask $749,000
Current ask $725,000
Reduced $25,000 (-3.3%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
6808 Liberty Grotto Ct
The Hollows Canyon - 60'
$739,900 $221 4 bd / 4 ba 3,347 sqft , 2025-12-03
19617 Serenity Ln
The Hollows Sec 1
$749,000 $255 4 bd / 5 ba 2,932 sqft , 2025-07-11
6801 Little Serenity Cv
The Hollows
$749,000 $235 4 bd / 4 ba 3,190 sqft , 2026-06-11
7412 Calming Ct
The Hollows
$749,000 $335 4 bd / 5 ba 2,235 sqft , 2026-06-30
19408 Serenity Ln
The Hollows
$700,000 $232 5 bd / 4 ba 3,012 sqft , 2026-07-01

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
$3,480/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
$145,000
20% conventional investment loan

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

Estimated Gross Rent+$3,480
Principal + Interest−$3,957
Property Tax (~2.1% TX avg)−$1,269
Insurance (~0.5%)−$302
Est. Monthly Cash Flow $-2,048

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 6, 2026.

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