Active Listing  ·  26 days on market

21208 Santa Rosa Ave

Lago Vista, TX 78645
$439,000
3 Bed 2 Bath 2,179 sqft $201/sqft Built 2023 0.24 acres 3-Car Garage Pool Highland Lake Estates Sec 31

Discover modern Lake Travis living in this beautifully maintained Lago Vista home featuring 3 bedrooms, 2 bathrooms, a rare 3-car garage, and an additional 452-square-foot enclosed patio. The open-concept floor plan offers a warm, contemporary feel with spacious living and dining areas designed for everyday comfort and entertaining. The climate-controlled enclosed patio includes a 2-ton mini-split with heat pump and an indoor Jacuzzi, creating the perfect year-round second living area, game room, fitness space, or private retreat. The oversized 3-car garage provides abundant parking and overhead storage for vehicles, lake gear, tools, and recreational equipment. Outside, enjoy a flat, fully fenced backyard with wrought-iron fencing, attractive stone garden borders in the front and back, and an included robotic lawnmower for easy maintenance. Additional upgrades include a five-stage Halo 5 whole-home water filtration system. Located in the desirable Lago Vista POA community near Lake Travis, residents enjoy access to nine waterfront parks, four boat ramps, a community pool, two fitness centers, pickleball and tennis courts, basketball courts, playgrounds, a private campground, and endless opportunities to enjoy the Lago Vista lake lifestyle. This unique Lago Vista home combines modern comfort, flexible living space, exceptional storage, and outstanding community amenities.

At $201/sqft, this home is 22% 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

21208 Santa Rosa Ave, Lago Vista, TX 78645

Property Details

Price $439,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,179 sqft
Lot Size 0.24 acres (10,288.87 sqft)
Year Built 2023
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Highland Lake Estates Sec 31
County Travis
Zip Code 78645
$/sqft $201/sqft
Days on Market ,
HOA $240/Annually
Annual Tax Est. $7,991.71
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245026482
List Date August 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
2010 American Dr #2
Lago Vista Villas Condominiums
$439,900 $168 4 bd / 3 ba 2,616 sqft , 2025-06-26
2502 Truman Dr
Highland Lake Estates Sec 29
$429,900 $215 4 bd / 2 ba 2,004 sqft , 2025-05-04
3113 Nobel Cir
Highland Lake Estates Sec 32
$429,872 $278 3 bd / 2 ba 1,547 sqft , 2026-04-24
20900 Boggy Ford Rd
Country Club Estates Sec 09
$429,000 $212 3 bd / 3 ba 2,021 sqft , 2026-06-20
2008 American Dr #2
Lago Vista Villas Condo
$449,000 $172 4 bd / 3 ba 2,616 sqft , 2026-04-05

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
$2,107/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
$87,800
20% conventional investment loan

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

Estimated Gross Rent+$2,107
Principal + Interest−$2,396
Property Tax (~2.1% TX avg)−$768
Insurance (~0.5%)−$183
Est. Monthly Cash Flow $-1,240

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 14, 2026.

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