Active Listing  ·  267 days on market

21709 Osage Ln

Lago Vista, TX 78645
$355,000
3 Bed 2 Bath 1,556 sqft $228/sqft Built 2022 0.22 acres 2-Car Garage Pool Highland Lake Estates Sec 33

Welcome to 21709 Osage Ln, a private Hill Country retreat that blends comfort, style, and nature. This 3-bedroom, 2-bath home offers 1,556 square feet of well-designed living space with a bright, open floor plan that feels both spacious and inviting. The main living areas feature beautiful wood-look tile flooring, adding warmth and durability while flowing seamlessly throughout the home. The kitchen is equipped with stainless steel appliances, ample counter space, and an easy connection to the dining and living areas—perfect for everyday living or entertaining. Outside, the property truly shines with large mature trees that create a peaceful setting and offer exceptional privacy, making the outdoor space feel like your own personal escape. Whether you’re relaxing at home or hosting guests, this property delivers a rare combination of comfort, functionality, and natural surroundings.

At $228/sqft, this home is 11% 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

21709 Osage Ln, Lago Vista, TX 78645

Property Details

Price $355,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,556 sqft
Lot Size 0.22 acres (9,583.2 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Highland Lake Estates Sec 33
County Travis
Zip Code 78645
$/sqft $228/sqft
Days on Market ,
HOA $200/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT215093975
List Date December 30, 2025
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
21720 Crystal Way
Highland Lake Estates Sec 34
$360,000 $177 3 bd / 2 ba 2,038 sqft , 2026-09-02
2701 Warren Cv
Highland Lake Estates Sec 31
$349,000 $192 4 bd / 2 ba 1,820 sqft , 2026-07-23
21804 Crystal Way
Highland Lake Estates Sec 34
$345,000 $222 3 bd / 2 ba 1,554 sqft , 2026-07-14
21905 Redbird Dr
Highland Lake Estates Sec 33
$339,000 $188 3 bd / 3 ba 1,805 sqft , 2026-09-18
3404 American Dr #3202
Island On Lake Travis Condomin
$375,000 $316 2 bd / 2 ba 1,188 sqft , 2026-07-02

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
$1,704/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
$71,000
20% conventional investment loan

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

Estimated Gross Rent+$1,704
Principal + Interest−$1,937
Property Tax (~2.1% TX avg)−$621
Insurance (~0.5%)−$148
Est. Monthly Cash Flow $-1,002

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 July 26, 2026.

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