Active Listing  ·  223 days on market

20711 Henry Ave

Lago Vista, TX 78645
$589,500
3 Bed 3 Bath 2,754 sqft $214/sqft Built 1999 0.22 acres 2.5-Car Garage Pool Highland Lake Estates Sec 15

Enjoy stunning lake, Hill Country, and golf course views from this lovely Silverton-built home. The main level features the primary suite, filled with natural light and enhanced by ten-foot ceilings.

The lower level offers two guest bedrooms, a flex room, a workshop, and generous storage—perfect for hobbies or extra space. Two spacious decks provide ideal spots to relax and take in the panoramic views. An RV pad with electrical hookup adds convenience for travelers or guests,

Located in a lakeside community, residents enjoy access to private lakeside parks and a wide range of amenities, including a pool, fishing house, marina, clubhouse, and two fitness centers.

At $214/sqft, this home is 17% 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

20711 Henry Ave, Lago Vista, TX 78645

Property Details

Price $589,500
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,754 sqft
Lot Size 0.22 acres (9,713.88 sqft)
Year Built 1999
Garage 2.5 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Highland Lake Estates Sec 15
County Travis
Zip Code 78645
$/sqft $214/sqft
Days on Market ,
HOA $240/Annually
Annual Tax Est. $10,194.54
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT219233368
List Date February 12, 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.

Schedule a Call →

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
2009 American Dr
Highland Lake Estates Sec 26 A
$585,000 $188 3 bd / 3 ba 3,111 sqft , 2026-02-13
2111 American Dr
Highland Lake Estates Sec 26 A
$599,999 $303 4 bd / 2 ba 1,982 sqft , 2026-09-15
20510 Houston Cv
Highland Lake Estates Sec 12 A
$579,000 $221 3 bd / 2 ba 2,618 sqft , 2026-05-04
20201 BYRD Ave
HIGHLAND LAKE ESTATES SEC 8
$569,000 $201 3 bd / 4 ba 2,837 sqft , 2026-04-17
21409 Patton Ave
Highland Lake Estates Sec 21
$565,000 $257 4 bd / 3 ba 2,200 sqft , 2026-09-17

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
$2,830/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
$117,900
20% conventional investment loan

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

Estimated Gross Rent+$2,830
Principal + Interest−$3,217
Property Tax (~2.1% TX avg)−$1,032
Insurance (~0.5%)−$246
Est. Monthly Cash Flow $-1,665

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 23, 2026.

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