Active Listing  ·  65 days on market

21408 Lakefront Dr

Lago Vista, TX 78645
$659,900
4 Bed 3 Bath 2,496 sqft $264/sqft Built 2023 0.24 acres 2-Car Garage Pool Country Club Estates Sec 05

Welcome to this stunning custom home on a spacious corner lot, ideally located just steps from Lake Travis and nestled within the Lago Vista Golf Course community. Filled with abundant natural light, this thoughtfully designed home showcases exceptional craftsmanship, upscale finishes, and timeless elegance throughout.

The impressive entry makes an unforgettable first impression with a grand custom front door, soaring 13' high ceilings, porcelain tile flooring, and a bright, open-concept floor plan. The gourmet kitchen is a chef's dream, featuring a large waterfall-edge quartz island, custom cabinetry, soft close drawers, built-in buffet and hutch, wine refrigerator, oversized pantry, and premium finishes.

The inviting living room is highlighted by a striking designer chandelier, custom built-in shelving, a beautiful stone fireplace, and expansive windows and glass doors that flood the space with natural light while providing seamless access to the backyard.

The luxurious primary suite is a true retreat, complete with a stylish barn door entrance, distinctive chandelier, and carefully curated designer finishes that reflect the builder's attention to detail. A spacious dining room, oversized laundry room, and beautifully appointed bathrooms further enhance the home's thoughtful design.

The oversized garage offers ample room for vehicles and storage and includes an EV charging station.

Enjoy the exceptional Lago Vista lifestyle with low HOA dues and access to nine waterfront parks, Lake Travis privileges, boatramps, fitness facilities, playgrounds, picnic areas, campgrounds, hiking trails, and much more.

The refrigerator, washer, dryer, and wine refrigerator are negotiable with an acceptable offer.

At $264/sqft, this home is priced 3% 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

21408 Lakefront Dr, Lago Vista, TX 78645

Property Details

Price $659,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,496 sqft
Lot Size 0.24 acres (10,450.04 sqft)
Year Built 2023
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Country Club Estates Sec 05
County Travis
Zip Code 78645
$/sqft $264/sqft
Days on Market ,
HOA $240/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240516796
List Date July 20, 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 →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · July 20, 2026 $669,900
Current ask $659,900
Reduced $10,000 (-1.5%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
6201 Valleyview St
Lago Vista SEC 1
$653,500 $290 4 bd / 3 ba 2,254 sqft , 2025-11-11
20923 Oak Dale Dr
Country Club Estates Sec 09
$649,000 $270 4 bd / 3 ba 2,404 sqft , 2026-08-27
20901 Oak Dale Dr
Country Club Estates Sec 09
$639,000 $279 3 bd / 3 ba 2,291 sqft , 2026-08-31
4902 Country Club Dr
Lago Vista Country Club Estate
$600,000 $232 3 bd / 3 ba 2,581 sqft , 2026-09-10
4810 Turnback St
Lago Vista Country Club Estate
$570,000 $187 3 bd / 4 ba 3,042 sqft , 2026-03-18

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
$3,168/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
$131,980
20% conventional investment loan

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

Estimated Gross Rent+$3,168
Principal + Interest−$3,601
Property Tax (~2.1% TX avg)−$1,155
Insurance (~0.5%)−$275
Est. Monthly Cash Flow $-1,863

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 15, 2026.

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