Active Listing  ·  21 days on market

21720 Crystal Way

Lago Vista, TX 78645
$360,000
3 Bed 2 Bath 2,038 sqft $177/sqft Built 2020 0.22 acres 2-Car Garage Pool Highland Lake Estates Sec 34

Easy single-story living, a thoughtful floor plan, and access to some of the best amenities Lago Vista has to offer make 21720 Crystal Way a standout! Vaulted ceilings create an open, airy feel, while updated LVP flooring throughout the main living areas adds a fresh, low-maintenance finish. The layout offers great separation and flexibility, with two secondary bedrooms situated in their own wing and an additional flex space between them that’s perfect for a playroom, home office, homework area, or second living space. Out back, raised garden beds are already in place for anyone with a green thumb, and the refrigerator, washer, and dryer all convey for added convenience. As part of the Lago Vista POA, owners enjoy access to an incredible lineup of amenities for just $240 per year, including nine parks, Lake Travis beach access, boat ramps, fishing areas, playgrounds, sports courts, and more. With a functional layout, thoughtful updates, and the lake lifestyle right outside your door, this home is ready to make Lago Vista living easy.

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

21720 Crystal Way, Lago Vista, TX 78645

Property Details

Price $360,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,038 sqft
Lot Size 0.22 acres (9,539.64 sqft)
Year Built 2020
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Highland Lake Estates Sec 34
County Travis
Zip Code 78645
$/sqft $177/sqft
Days on Market ,
HOA $240/Annually
Annual Tax Est. $8,101.29
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245400712
List Date September 2, 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
21709 Osage Ln
Highland Lake Estates Sec 33
$355,000 $228 3 bd / 2 ba 1,556 sqft , 2025-12-30
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
21204 Santa Rosa Ave
Highland Lake Estates Sec 31
$325,000 $209 3 bd / 2 ba 1,554 sqft , 2026-07-31

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
$1,728/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
$72,000
20% conventional investment loan

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

Estimated Gross Rent+$1,728
Principal + Interest−$1,965
Property Tax (~2.1% TX avg)−$630
Insurance (~0.5%)−$150
Est. Monthly Cash Flow $-1,017

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 12, 2026.

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