Active Listing  ·  131 days on market

20809 Adobe Trl

Lago Vista, TX 78645
$649,900
3 Bed 2 Bath 2,348 sqft $277/sqft Built 1995 0.22 acres 2-Car Garage Pool Bar-K Ranches 04

This beautifully updated 3-bedroom, 2-bath home offers stunning panoramic views of the Texas Hill Country, the City of Lago Vista, and Lake Travis. Inside, you’ll find updated cabinets, countertops, light fixtures, appliances, new flooring (2025), and a new roof (2025), giving the home a clean, modern feel and added peace of mind. A separate, spacious 780 sq ft (approx) basement provides excellent flexibility for storage, hobbies, or additional living space. The oversized garage and additional off-street parking pad offer ample room for vehicles and toys. Enjoy relaxing on the large covered front porch, complemented by new front-yard landscaping that enhances the home’s curb appeal. Out back, a partially covered deck extends behind the home, creating the perfect space to entertain or simply take in the breathtaking views of the Hill Country, Lago Vista, and Lake Travis. Owning this property includes membership to the Lago Vista POA, allowing exclusive access to 9 private waterfront parks, party pavilions, playgrounds, basketball court, boat ramps, campground, disc golf course, fishing well, fitness center, hiking trail, marinas, pool, tennis/pickle ball courts and more! Square footage was determined by adding the basement and main floor square footage amounts listed on the Travis County Appraisal District - Buyer to verify square footage. While information is believed to be accurate, buyers and their agents should conduct their own due diligence and verify all material facts related to the property.

At $277/sqft, this home is priced 8% 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

20809 Adobe Trl, Lago Vista, TX 78645

Property Details

Price $649,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,348 sqft
Lot Size 0.22 acres (9,661.61 sqft)
Year Built 1995
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Bar-K Ranches 04
County Travis
Zip Code 78645
$/sqft $277/sqft
Days on Market ,
HOA $240/Annually
Annual Tax Est. $8,999.53
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229670542
List Date May 14, 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 →

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 · May 14, 2026 $699,900
Current ask $649,900
Reduced $50,000 (-7.1%) 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
7601 Bar K Ranch Rd
Lago Vista Estates Sec 6
$775,000 $416 4 bd / 4 ba 1,862 sqft , 2026-06-12
8505 Pine Muhly Dr
Tessera/Lk Travis Ph 4A
$489,950 $197 4 bd / 4 ba 2,482 sqft , 2026-06-04
8424 Red Bottle Brush Rd
Tessera/Lk Travis Ph 4A
$489,950 $197 4 bd / 4 ba 2,482 sqft , 2026-06-04
8510 Red Bottle Brush Rd
Tessera/Lk Travis Ph 4A
$459,950 $228 4 bd / 2 ba 2,015 sqft , 2026-06-05
19920 Old Burnet Rd
JF Carlton Survey #98
$849,900 $465 3 bd / 2 ba 1,828 sqft , 2026-06-24

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
$3,120/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
$129,980
20% conventional investment loan

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

Estimated Gross Rent+$3,120
Principal + Interest−$3,547
Property Tax (~2.1% TX avg)−$1,137
Insurance (~0.5%)−$271
Est. Monthly Cash Flow $-1,835

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 1, 2026.

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