Active Listing  ·  21 days on market

22601 Maidengrass Ln

Lago Vista, TX 78645
$425,000
4 Bed 3 Bath 2,248 sqft $189/sqft Built 2020 0.26 acres 3-Car Garage Pool Tessera/Lk Travis Ph 3A2

Corner lot. Three-car garage. Shows like a model. If you've been searching Lago Vista for "the house that has everything," you just found it.

Lakeside at Tessera doesn't play around: an infinity-edge pool overlooking Lake Travis, a covered pavilion, parks, playgrounds, hiking trails, and a private boat ramp and dock. Zoned to Lago Vista ISD. Year-round community events. This is what "resort living" actually looks like when it's your own neighborhood.

Welcome to 22601 Maidengrass Ln, a stunning single-story Highland Homes design where soaring ceilings and elevated finishes hit you the second you walk in. This isn't just a house, it's the lake life you've been picturing.

Inside, 4 bedrooms and 3 full baths give everyone room to spread out, plus a dedicated home office for the days you work from home (or just need a door to close). The kitchen is the kind people photograph: a massive quartz island, tall upgraded cabinetry, built-in appliances, and a walk-in pantry, all opening into a living and dining space made for both quiet mornings and full-house gatherings.

Then there's the stuff that actually gets buyers off the fence: a rare 3-car garage with backyard access, perfect for the boat, the golf cart, and every lake toy you own. And with Lake Travis currently full, you'll have every reason to put them all to use. It all sits on the largest corner lot in the neighborhood, too, for extra privacy and space to breathe.

Come see it for yourself, this one checks every box.

At $189/sqft, this home is 26% 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

22601 Maidengrass Ln, Lago Vista, TX 78645

Property Details

Price $425,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,248 sqft
Lot Size 0.26 acres (11,199.28 sqft)
Year Built 2020
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Tessera/Lk Travis Ph 3A2
County Travis
Zip Code 78645
$/sqft $189/sqft
Days on Market ,
HOA $100/Monthly
Annual Tax Est. $8,476
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245404359
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
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
22614 Maidengrass Lane Ln
Lakeside At Tessera
$410,000 $186 4 bd / 2 ba 2,208 sqft , 2026-03-18
8008 Prairie Rye Dr
Tessera/Lk Travis Ph 3A1
$409,999 $164 3 bd / 3 ba 2,496 sqft , 2026-04-30
8119 Purple Aster Pass
Tessera/Lk Travis Ph 1B2
$447,700 $198 3 bd / 3 ba 2,256 sqft , 2026-06-03

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
$2,040/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
$85,000
20% conventional investment loan

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

Estimated Gross Rent+$2,040
Principal + Interest−$2,319
Property Tax (~2.1% TX avg)−$744
Insurance (~0.5%)−$177
Est. Monthly Cash Flow $-1,200

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 3, 2026.

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