Active Listing  ·  48 days on market

21302 Choctaw Cv

Lago Vista, TX 78645
$189,000
3 Bed 2 Bath 1,152 sqft $164/sqft Built 2016 0.13 acres Pool Bar-K Ranches 03

Welcome to this stunning Hill Country retreat in desirable Lago Vista, perfectly situated on a quiet cul-de-sac lot near Lake Travis.

Built on a permanent foundation, this beautifully updated three-bedroom, two-bathroom home greets you with a charming covered front porch that leads into a light-filled open-concept floor plan. Vaulted ceilings create an expansive feel, while low-maintenance wood-look vinyl flooring stretches throughout the entire home. The heart of the home is the island kitchen, featuring a stylish decorative tile backsplash and sightlines directly into the main living areas.

The spacious primary bedroom serves as a private getaway, offering an ensuite bathroom complete with decorative tile on both the backsplash and the tub and shower surround. A generous laundry room provides convenient extra storage and organization space.

Outstanding bonus potential awaits outside with a fully detached on-site accessory dwelling unit (ADU) that currently generates a steady rental income, making it ideal for real estate investors, multi-generational living, or buyers looking for an owner-occupied rental to offset their mortgage.

Enjoy prime access to Lake Travis and walk directly to the renowned private HOA Bar-K Park, which features a community swimming pool, sandy beaches, boat launches, and playgrounds.

At $164/sqft, this home is 36% 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

21302 Choctaw Cv, Lago Vista, TX 78645

Property Details

Price $189,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,152 sqft
Lot Size 0.13 acres (5,876.24 sqft)
Year Built 2016
Garage ,
Stories ,
Type Residential · Manufactured Home
Subdivision Bar-K Ranches 03
County Travis
Zip Code 78645
$/sqft $164/sqft
Days on Market ,
HOA $150/Annually
Annual Tax Est. $1,370
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242307970
List Date August 6, 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
8104 Bronco Ln
Bar-K Ranches 12
$208,000 $225 3 bd / 2 ba 924 sqft , 2026-08-03
21329 Choctaw Cv
Bar-K Ranches 03
$169,000 $139 3 bd / 2 ba 1,216 sqft , 2026-08-11
21403 Choctaw Cv
Bar-K Ranches 03
$149,000 $177 2 bd / 2 ba 840 sqft , 2026-08-11
21405 Horseshoe Loop
Lago Vista Estates Sec 07
$145,000 $100 3 bd / 2 ba 1,456 sqft , 2026-08-25
21459 Coyote Trl #B2
Buena Vista 02 Amd
$140,000 $156 2 bd / 2 ba 896 sqft , 2026-03-12

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
$907/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
$37,800
20% conventional investment loan

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

Estimated Gross Rent+$907
Principal + Interest−$1,031
Property Tax (~2.1% TX avg)−$331
Insurance (~0.5%)−$79
Est. Monthly Cash Flow $-534

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 8, 2026.

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