Active Listing  ·  103 days on market

21112 Brewer Ln

Lago Vista, TX 78645
$345,000
2 Bed 1 Bath 960 sqft $359/sqft Built 1972 0.34 acres Pool Lago Vista Sec 03 Ph 02

Tucked away just moments from the lake and surrounded by a canopy of mature trees, this charming modern cottage offers the perfect blend of privacy, comfort, and style. set on a peaceful, wooded lot, the home feels like a true retreat while still being close to the water and outdoor recreation. Inside, the bright open-concept living space features soaring vaulted ceilings, exposed wood beams, and an inviting wood-burning stove that anchors the room. Large windows and glass doors fill the home with natural light and frame tranquil views of the surrounding woods, creating a seamless connection between indoors and out. The thoughtfully designed kitchen boasts crisp white cabinetry, open shelving, modern appliances, and a spacious island ideal for gathering and entertaining. The main level flows effortlessly to a private deck, perfect for morning coffee, evening sunsets, or listening to the sounds of nature. Upstairs, a cozy loft provides a flexible space for relaxing, reading, or extra sleeping accommodations. The bedrooms are warm and serene, offering comfortable retreats after a day on the lake. Outside, the terraced landscape, fire pit area, and storage shed enhance the property's functionality and charm. Whether you're looking for a weekend getaway, a full-time residence, or a lake-area escape, this beautifully crafted home delivers peaceful living immersed in nature, with the lake just a short stroll away.

At $359/sqft, this home is priced 40% 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

21112 Brewer Ln, Lago Vista, TX 78645

Property Details

Price $345,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 960 sqft
Lot Size 0.34 acres (14,958.5 sqft)
Year Built 1972
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Lago Vista Sec 03 Ph 02
County Travis
Zip Code 78645
$/sqft $359/sqft
Days on Market ,
HOA $150/Annually
Annual Tax Est. $4,629.21
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT235978858
List Date June 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.

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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
$1,656/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
$69,000
20% conventional investment loan

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

Estimated Gross Rent+$1,656
Principal + Interest−$1,883
Property Tax (~2.1% TX avg)−$604
Insurance (~0.5%)−$144
Est. Monthly Cash Flow $-975

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 June 13, 2026.

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