Active Listing  ·  507 days on market

2502 Truman Dr

Lago Vista, TX 78645
$429,900
4 Bed 2 Bath 2,004 sqft $215/sqft Built 2023 0.21 acres 2-Car Garage Pool New Construction Highland Lake Estates Sec 29

Stunning and stately brand new 4-bedroom, 2 bath home on a quiet street in Lago Vista. This 2004 square foot residence offers a well-designed floor plan with modern fixtures and thoughtful upgrades throughout. The centrally located laundry room provides added convenience with direct access from the primary closet. Experience quality craftsmanship in a setting that allows you to walk to Lake Travis and enjoy the best of the area. Spend weekends at Lago Vista Winery, explore nearby golf courses and marinas, or attend performances at the Lago Vista Performing Arts Center. Commuting is simple with approximately a 40-minute drive to Austin and about 30 minutes to The Domain for major employers, shopping, and entertainment. For just 20 dollars per month, membership in the Lago Vista Property Owners Association provides access to nine private waterfront parks, boat ramps, a marina, fitness center, pavilion pool, tennis and pickleball courts, basketball court, disc golf course, hiking trails, playgrounds, and more. This is an opportunity to enjoy both modern living and the unmatched lifestyle that Lago Vista offers. Live like you are on vacation. Please reach out to second agent for inquiries and offers. (Nothing in this listing shall negate or override the requirement of the buyer doing their due diligence.)

At $215/sqft, this home is 16% 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

2502 Truman Dr, Lago Vista, TX 78645

Property Details

Price $429,900
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 2,004 sqft
Lot Size 0.21 acres (9,064.84 sqft)
Year Built 2023
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Highland Lake Estates Sec 29
County Travis
Zip Code 78645
$/sqft $215/sqft
Days on Market ,
HOA $250/Annually
Annual Tax Est. $8,732
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT196611074
List Date May 4, 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.

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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 · May 4, 2025 $479,900
Previous ask $449,900
Current ask $429,900
Reduced $50,000 (-10.4%) 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
3113 Nobel Cir
Highland Lake Estates Sec 32
$429,872 $278 3 bd / 2 ba 1,547 sqft , 2026-04-24
21208 Santa Rosa Ave
Highland Lake Estates Sec 31
$439,000 $201 3 bd / 2 ba 2,179 sqft , 2026-08-28
2010 American Dr #2
Lago Vista Villas Condominiums
$439,900 $168 4 bd / 3 ba 2,616 sqft , 2025-06-26
21105 Newport Cv
Highland Lake Estates Sec 32
$419,000 $234 3 bd / 2 ba 1,793 sqft , 2026-08-22
21415 Highland Lake Dr
Highland Lake Estates Sec 26 A
$415,000 $219 4 bd / 2 ba 1,893 sqft , 2026-08-12

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
$2,064/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
$85,980
20% conventional investment loan

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

Estimated Gross Rent+$2,064
Principal + Interest−$2,346
Property Tax (~2.1% TX avg)−$752
Insurance (~0.5%)−$179
Est. Monthly Cash Flow $-1,213

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 22, 2026.

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