About This Home

Wonderful opportunity to invest in Lago Vista.

Adjacent lot available at 21401 Choctaw Cv for $29k.

Rental income $1270 monthly.

Please Do NOT DISTURB TENANTS. Current lease ends in September, then month to month.

Adjacent property also available 21329 Choctaw Cv. Check MLS listing

Home has access to Lago Vista POA

At $177/sqft, this home is 31% 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

21403 Choctaw Cv, Lago Vista, TX 78645

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Property Details

Price $149,000

Status Active Listing

Beds 2

Full Baths 2

Half Baths ,

Living Area 840 sqft

Lot Size 0.12 acres (5,205.42 sqft)

Year Built 1978

Garage ,

Stories ,

Type Residential · Mobile Home

Subdivision Bar-K Ranches 03

County Travis

Zip Code 78645

$/sqft $177/sqft

Days on Market ,

HOA $250/Annually

Annual Tax Est. $964.18

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT242929592

List Date August 11, 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.

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

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

$715/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

$29,800

20% conventional investment loan

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

Estimated Gross Rent+$715

Principal + Interest−$813

Property Tax (~2.1% TX avg)−$261

Insurance (~0.5%)−$62

Est. Monthly Cash Flow $-421

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 13, 2026.

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

21403 Choctaw Cv

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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