About This Home

Beautiful home with 5-bedrooms, 4-full bathrooms, dedicated office-study and media room. Nice open floor plan with family room open to kitchen with bright breakfast area and island kitchen. Primary suite and one guest bedroom downstairs with all other bedrooms and additional living space upstairs. Large backyard with covered patio for all your home outdoor activities. Home is being sold as is. No utilities will be turned on by any party for any reason. Buyer and or agent to verify all property information.

At $167/sqft, this home is 35% 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

22224 Cape Travis Bnd, Lago Vista, TX 78645

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Property Details

Price $675,000

Status Active Listing

Beds 5

Full Baths 4

Half Baths ,

Living Area 4,049 sqft

Lot Size 0.37 acres (16,064.93 sqft)

Year Built 2014

Garage 3 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Tessera On Lake Travis Ph 1A

County Travis

Zip Code 78645

$/sqft $167/sqft

Days on Market ,

HOA $95/Monthly

Annual Tax Est. $13,122.24

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT239641943

List Date July 12, 2026

Elementary School Lago Vista

Middle School Lago Vista

High School Lago Vista

School District ,

Have Questions About This Property?

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.

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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 12, 2026 $695,000

Current ask $675,000

▼ Reduced $20,000 (-2.9%) 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

7817 Turnback Ledge Trl
Tessera On Lake Travis Ph 1A $645,000 $206 4 bd / 3 ba 3,138 sqft , 2026-09-19

8124 Royal Mint Cv
Lakeside At Tessera On Lake Travis $629,699 $210 4 bd / 4 ba 3,000 sqft , 2026-09-10

7400 Desert Needle Dr
Lakeside At Tessera On Lake Travis $749,538 $198 5 bd / 5 ba 3,792 sqft , 2026-05-27

7401 Desert Needle Dr
Lakeside At Tessera On Lake Travis $749,727 $225 4 bd / 4 ba 3,329 sqft , 2026-09-10

22306 Cape Travis Bnd
Tessera On Lake Travis Ph 1A $750,000 $203 4 bd / 4 ba 3,689 sqft , 2026-04-28

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

$3,240/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

$135,000

20% conventional investment loan

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

Estimated Gross Rent+$3,240

Principal + Interest−$3,684

Property Tax (~2.1% TX avg)−$1,181

Insurance (~0.5%)−$281

Est. Monthly Cash Flow $-1,906

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

About the Author

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 26, 2026.

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

22224 Cape Travis Bnd