About This Home

Nestled on nearly one acre in the scenic Lago Vista community, this unique 3-bedroom, 3-bath home offers the perfect blend of privacy, space, and Hill Country charm. Built in 1986 and featuring approximately 1,985 square feet, the home includes multiple living areas, a functional floor plan, and endless opportunities to update and customize to your taste. Enjoy the peaceful setting just minutes from Lake Travis, area parks, boat ramps, golf courses, and all the outdoor recreation Lago Vista is known for. Whether you're searching for a primary residence, weekend retreat, or investment opportunity, this property offers exceptional potential in a highly desirable location

At $176/sqft, this home is 32% 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

20812 Buena Vis, Lago Vista, TX 78645

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Property Details

Price $349,950

Status Active Listing

Beds 3

Full Baths 3

Half Baths ,

Living Area 1,985 sqft

Lot Size 0.99 acres (43,124.4 sqft)

Year Built 1986

Garage ,

Stories ,

Type Residential · Single Family Residence

Subdivision Lago Vista Sec 03 Ph 03

County Travis

Zip Code 78645

$/sqft $176/sqft

Days on Market ,

HOA $130/Annually

Annual Tax Est. $2,643

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT237165727

List Date June 21, 2026

Elementary School Lago Vista

Middle School Lago Vista

High School Lago Vista

School District ,

Have Questions About This Property?

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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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

20701 Camel Back St
Lago Vista Country Club Estate $334,900 $190 3 bd / 2 ba 1,759 sqft , 2026-07-15

5704 Roundup Way
Lago Vista Country Club Estate $324,999 $192 3 bd / 3 ba 1,692 sqft , 2025-12-26

7312 White Oak Dr
Lago Vista Estates Sec 05 $410,000 $222 3 bd / 2 ba 1,845 sqft , 2026-08-13

7704 Plateau Cv
Bar-K Ranches 06 $285,500 $220 3 bd / 2 ba 1,299 sqft , 2025-10-17

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

$1,680/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

$69,990

20% conventional investment loan

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

Estimated Gross Rent+$1,680

Principal + Interest−$1,910

Property Tax (~2.1% TX avg)−$612

Insurance (~0.5%)−$146

Est. Monthly Cash Flow $-988

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

About the Author

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 18, 2026.

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

20812 Buena Vis

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Lago Vista, TX

More Luxury Homes in Lago Vista

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