Active Listing  ·  120 days on market

21666 High Dr

Lago Vista, TX 78645
$475,000
4 Bed 2 Bath 1,813 sqft $262/sqft Built 2020 0.25 acres 2-Car Garage Pool New Construction Country Club Estates Sec 08

Come by a neighborhood-wide Brohn open house on 8/30! Enjoy Lake Travis as your backyard! Minutes from the water, 21666 High Dr was built in 2020 and designed from the ground up for the way people actually want to live out here: boats, golf, open skies, and room to spread out.

A beautiful masonry front elevation and open floorplan set the tone. Three bedrooms, 2 baths, 1,813 sq ft with tile flooring throughout and like-new finishes. A large bonus room (comparable in size to the other bedrooms) works perfectly as a home office or add an armoire and you have a true 4th bedroom.

The 800 sq ft metal shop is the centerpiece - 14-foot roll-up doors on both ends mean you drive the boat in, drive it out straight into the fully paved backyard. This is a fully functional workspace built for serious use: 100 amp dedicated service, 20 amp 110v circuits, a 60 amp 220v circuit for welders, compressors, or a lift, and a 36,000 BTU mini split for heat and cool year-round. Insulated, stainless countertops, textured sealed floor. If you work on cars, trucks, or toys - this shop was built for you. A separate detached storage building in the backyard adds even more room for gear, tools, and lake toys.

Over $100,000 in documented exterior upgrades since construction: permitted stone retaining wall, drainage system, permeable stone deck, shop concrete, driveway, and professional landscaping throughout. Major items are permitted and the drainage work means no erosion, no standing water. Be sure to review the attached full list of upgrades- that's money you're not having to spend!

The property sits directly across from the tee box on hole #3 of the Lago Vista Golf Course- close enough to roll over on your golf cart, far enough that an errant tee shot isn't your problem. POA amenities include lake parks, a low-water boat ramp that stays usable when the lake is down, and marina access minutes away.

This is the property serious lake people build for themselves- and rarely sell.

At $262/sqft, this home is priced in line with the Lago Vista market average of $257/sqft across 225 active listings. View Austin market report →

Location

21666 High Dr, Lago Vista, TX 78645

Property Details

Price $475,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,813 sqft
Lot Size 0.25 acres (10,890 sqft)
Year Built 2020
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Country Club Estates Sec 08
County Travis
Zip Code 78645
$/sqft $262/sqft
Days on Market ,
HOA $245/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT231184859
List Date May 26, 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 · May 26, 2026 $525,000
Current ask $475,000
Reduced $50,000 (-9.5%) 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
21100 Niagara Cv
Highland Lake Estates Sec 32
$485,000 $230 4 bd / 2 ba 2,106 sqft , 2026-01-11
21206 National Dr
Country Club Estates Sec 07
$489,000 $221 3 bd / 3 ba 2,212 sqft , 2026-09-19
21013 Nimitz Ave
Highland Lake Estates Sec 32
$489,999 $219 3 bd / 3 ba 2,241 sqft , 2026-02-20
20302 Boggy Ford Rd
Lago Vista Country Club Estates
$460,000 $205 3 bd / 3 ba 2,243 sqft , 2026-09-16
21201 Norris Cv
Highland Lake Estates Sec 32
$499,000 $224 3 bd / 3 ba 2,230 sqft , 2026-04-10

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
$2,280/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
$95,000
20% conventional investment loan

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

Estimated Gross Rent+$2,280
Principal + Interest−$2,592
Property Tax (~2.1% TX avg)−$831
Insurance (~0.5%)−$198
Est. Monthly Cash Flow $-1,341

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 August 30, 2026.

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