Active Listing  ·  189 days on market

19818 Colina Dr

Lago Vista, TX 78645
$699,999
4 Bed 3 Bath 2,028 sqft $345/sqft Built 1985 3.09 acres 2-Car Garage Pool COOK

A MUST SEE VERY UNIQUE and COMFORTABLE PROPERTY! A 4 BEDROOM, 2.5 BATH, HILLTOP HOME ON 3.1 ACRES, with a hill country and lake view. PRIVACY, PEACE and PLEASURE! READY TO GO! Surrounded by Lago Vista, which borders Lake Travis, but not within city limits. No city taxes. Built for the wonderful views, the living, dining and kitchen areas, 2 roomy bedrooms, a full bath, walk-in storage or 2nd pantry and a spacious furnished deck are upstairs. The master bedroom, with a sitting or office area, tiled master bath with dual vanities, walk-in tiled shower and walk-in closet are on the 1st level. A large flex room, formerly the 2nd family room, now a 4th bedroom with a beamed ceiling, half bath, walk-in closet, wood floors, entertainment area and French doors leading out to a patio, with a rock fountain are also on the first level along with the tiled entrance foyer, hall, a laundry room and another walk-in storage room. A 200 sq. ft workshop, a storage building, a 2-car garage with an attached office, sometimes a guest room, provide over 500 sq. ft of extra living space. On well and septic, adding solar panels could take this home almost off the grid. Browse for an additional listing on Homes.com and then buy it! The owners, who have loved it for years, are ready!!!

At $345/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

19818 Colina Dr, Lago Vista, TX 78645

Property Details

Price $699,999
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,028 sqft
Lot Size 3.09 acres (134,687.52 sqft)
Year Built 1985
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision COOK
County Travis
Zip Code 78645
$/sqft $345/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT222991167
List Date March 18, 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 · March 18, 2026 $775,000
Previous ask $695,999
Current ask $699,999
Reduced $75,001 (-9.7%) 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
3405 Congress Ave
Highland Lake Estates Sec 05
$675,000 $261 4 bd / 3 ba 2,585 sqft , 2026-09-18
3706 Austin Cv
Highland Lake Estates
$750,000 $282 5 bd / 4 ba 2,660 sqft , 2026-05-13
20923 Oak Dale Dr
Country Club Estates Sec 09
$649,000 $270 4 bd / 3 ba 2,404 sqft , 2026-08-27
19908 Victoria Chase Rd
Porticos
$639,950 $307 3 bd / 3 ba 2,082 sqft , 2026-03-26
20901 Oak Dale Dr
Country Club Estates Sec 09
$639,000 $279 3 bd / 3 ba 2,291 sqft , 2026-08-31

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
$3,360/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
$140,000
20% conventional investment loan

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

Estimated Gross Rent+$3,360
Principal + Interest−$3,820
Property Tax (~2.1% TX avg)−$1,225
Insurance (~0.5%)−$292
Est. Monthly Cash Flow $-1,977

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 September 19, 2026.

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