Active Listing  ·  152 days on market

21925 Surrey Ln

Lago Vista, TX 78645
$499,972
3 Bed 3 Bath 1,577 sqft $317/sqft Built 2026 0.24 acres 2-Car Garage Pool Bar-K Ranches 08

Designed to capture the beauty of its setting, this stunning 3-bedroom, 3-bath home offers unbelievable Hill Country views off the back and possible lake views from the front. Two spacious decks are perfectly positioned to enjoy the scenery, creating ideal spots for morning coffee, sunset views, or relaxed entertaining.

Inside, the thoughtful multi-level floor plan offers two living spaces, giving everyone room to spread out. The main level features an open great room, kitchen with granite countertops, guest bedroom, full bath, laundry area, and access to a view deck. The lowest level includes a second living area or gameroom, another guest room, full bath, garage access, and stained concrete floors for easy maintenance.

The private owner’s retreat is tucked away on the third floor, offering a peaceful escape with separation from the guest spaces and elevated views. Upper levels feature a comfortable mix of LVP and carpet.

Set on a sloped homesite with trees, this home is designed to work with the land while maximizing the spectacular views. The builder will also customize the floor plan if desired, with easy design and personalization handled through virtual meetings for added convenience. With 3 bedrooms, 3 full baths, 2 living areas, 2 decks, and unforgettable views, this Hill Country home is built to stand out.

At $317/sqft, this home is priced 23% 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

21925 Surrey Ln, Lago Vista, TX 78645

Property Details

Price $499,972
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 1,577 sqft
Lot Size 0.24 acres (10,375.99 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Bar-K Ranches 08
County Travis
Zip Code 78645
$/sqft $317/sqft
Days on Market ,
HOA $250/Annually
Annual Tax Est. $1,012.18
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227134808
List Date April 24, 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
8521 Pine Muhly Dr
Tessera On Lake Travis
$459,950 $228 4 bd / 2 ba 2,015 sqft , 2026-06-05
8510 Red Bottle Brush Rd
Tessera/Lk Travis Ph 4A
$459,950 $228 4 bd / 2 ba 2,015 sqft , 2026-06-05
22809 Golden Daisy Ln
Tessera/Lk Travis Ph 2a
$455,000 $216 4 bd / 3 ba 2,103 sqft , 2026-09-02
8502 Red Bottle Brush Rd
Tessera/Lk Travis Ph 4A
$439,950 $238 3 bd / 2 ba 1,846 sqft , 2026-06-04
8507 Pine Muhly Dr
Lakeside at Tessera on Lake Travis
$439,950 $238 3 bd / 2 ba 1,846 sqft , 2026-06-04

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
$2,400/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
$99,994
20% conventional investment loan

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

Estimated Gross Rent+$2,400
Principal + Interest−$2,729
Property Tax (~2.1% TX avg)−$875
Insurance (~0.5%)−$208
Est. Monthly Cash Flow $-1,412

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 April 25, 2026.

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