Active Listing  ·  187 days on market

20701 Deep Crk

Lago Vista, TX 78645
$499,900
4 Bed 3 Bath 2,727 sqft $183/sqft Built 2023 0.26 acres 2-Car Garage Pool New Construction Lago Vista Country Club Estates

Lago Vista Country Club Estate new custom home backing to the golf course. One story, four bedrooms, three full baths, and two car attached garage. Lovely open floor plan with gourmet kitchen with a large island bar opening up to the family room and adjacent dining area. Many home enhancements from vaulted/high ceilings, granite counter tops, shaker cabinets, energy star windows throughout. A study/den or bedroom option is off the left of the foyer, with access to a shared bathroom. The family room is complimented with electric fireplace, entertainment nook and cathedral like ceiling. A media room or bedroom/flex room provides options for you to make this home your own design. The owner's suite has a wall of windows, vaulted ceiling and large walk in closet that opens to the spacious laundry room which is accessible adjacent to the mudroom and hallway. The owner's bath with a garden tub bath, oversized walk in shower and two vanities. The back porch overlooks the golf course, with a magnificent view of the greenspace lined with trees and more. **All information deemed reliable, but not guaranteed. Agent and Buyer to verify all information.

At $183/sqft, this home is 29% 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

20701 Deep Crk, Lago Vista, TX 78645

Property Details

Price $499,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,727 sqft
Lot Size 0.26 acres (11,517.26 sqft)
Year Built 2023
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lago Vista Country Club Estates
County Travis
Zip Code 78645
$/sqft $183/sqft
Days on Market ,
HOA $200/Annually
Annual Tax Est. $14,110.23
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT223128870
List Date March 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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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 20, 2026 $549,990
Previous ask $509,999
Current ask $499,900
Reduced $50,090 (-9.1%) 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
20406 WHITEROCK Dr
Lago Vista Country Club Estate
$509,000 $264 4 bd / 2 ba 1,925 sqft , 2026-08-25
21206 National Dr
Country Club Estates Sec 07
$489,000 $221 3 bd / 3 ba 2,212 sqft , 2026-09-19
20201 Park Strip St #A - B
Lago Vista Civic Center Add
$515,000 $170 3 bd / 2 ba 3,038 sqft , 2026-09-01
21666 High Dr
Country Club Estates Sec 08
$475,000 $262 4 bd / 2 ba 1,813 sqft , 2026-05-26
20202 Lincoln Cv
Highland Lake Estates Sec 02
$475,000 $227 3 bd / 3 ba 2,089 sqft , 2026-08-14

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
$2,400/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
$99,980
20% conventional investment loan

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

Estimated Gross Rent+$2,400
Principal + Interest−$2,728
Property Tax (~2.1% TX avg)−$875
Insurance (~0.5%)−$208
Est. Monthly Cash Flow $-1,411

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 July 29, 2026.

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