Active Listing  ·  57 days on market

20911 Waterside Dr #9

Lago Vista, TX 78645
$449,000
3 Bed 4 Bath 1,942 sqft $231/sqft Built 2002 0.18 acres 2-Car Garage Pool Waterfront Waterside Oaks Condo Amd

Tucked inside the gated, lake-access community of Waterside Oaks, this beautiful waterfront end-unit condo offers added privacy with no adjoining neighbor on one side and puts you right in the heart of Lake Travis living. Featuring 3 bedrooms, 3.5 bathrooms, fresh interior paint, and brand-new carpet, this home combines comfort and style. The lake views set the scene, while the open-concept floor plan and abundant natural light create an airy, welcoming atmosphere. Upper and lower balcony decks provide the perfect place to relax and take in the lake views, which are protected from future obstruction by deed restrictions. The lower level features two spacious bedrooms, each with its own private en-suite bathroom and direct access to the covered balcony. The primary bathroom has a spacious quartz countertop. Upstairs, the oversized bedroom offers a full bath and a walk-in closet.

A full-size two-car garage, along with additional parking in front of the home, provides plenty of space for residents and guests. Whether you're searching for a full-time residence, a weekend getaway, or an investment opportunity, this property offers everything you need to embrace the lake lifestyle. If used as a rental property, the community requires a minimum lease term of 90 days.

Waterside Oaks owners enjoy exclusive access to a private community pool overlooking the lake, just a short walk from the shoreline, as well as a private boat ramp. In addition, a mandatory annual Lago Vista Property Owners Association (LVPOA) fee of $240 provides access to many amenities, including multiple waterfront parks, additional boat ramps, a marina, swimming pool, tennis courts, a fishing well, two fitness centers, playgrounds, campgrounds, and more!

At $231/sqft, this home is 10% 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

20911 Waterside Dr #9, Lago Vista, TX 78645

Property Details

Price $449,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 1,942 sqft
Lot Size 0.18 acres (7,954.06 sqft)
Year Built 2002
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Waterside Oaks Condo Amd
County Travis
Zip Code 78645
$/sqft $231/sqft
Days on Market ,
HOA $400/Monthly
Annual Tax Est. $8,348.2
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT241467073
List Date July 28, 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
2008 American Dr #2
Lago Vista Villas Condo
$449,000 $172 4 bd / 3 ba 2,616 sqft , 2026-04-05
2010 American Dr #2
Lago Vista Villas Condominiums
$439,900 $168 4 bd / 3 ba 2,616 sqft , 2025-06-26
21208 Santa Rosa Ave
Highland Lake Estates Sec 31
$439,000 $201 3 bd / 2 ba 2,179 sqft , 2026-08-28
2807 Declaration Cir
Highland Lake Estates Sec 08
$460,000 $219 3 bd / 2 ba 2,103 sqft , 2026-07-08
2502 Truman Dr
Highland Lake Estates Sec 29
$429,900 $215 4 bd / 2 ba 2,004 sqft , 2025-05-04

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
$2,155/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
$89,800
20% conventional investment loan

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

Estimated Gross Rent+$2,155
Principal + Interest−$2,450
Property Tax (~2.1% TX avg)−$786
Insurance (~0.5%)−$187
Est. Monthly Cash Flow $-1,268

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 16, 2026.

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