Active Listing  ·  7 days on market

2802 Douglas Cv

Lago Vista, TX 78645
$340,000
3 Bed 2 Bath 1,745 sqft $195/sqft Built 1977 0.22 acres Pool Highland Lake Estates Sec 14

3BDR/2BTH, 1745 SQ FEET - Mid-century charm meets comfortable living in this 3-bedroom, 2 bath home offering 1,745 square feet. The home features tile flooring throughout, a spacious sunroom, and a cozy stone fireplace with built ins that anchors the main living area. A drive through carport and fenced backyard add convenience and privacy. Step outside to the large back porch overlooking the golf course and enjoy beautiful sunsets in your own backyard. Price improvement! This property is being offered as a short sale and is subject to lender approval. Bring your offer and enjoy the opportunity to make this charming home your own. Live Like You’re On Vacation! Please contact second agent for all questions and offers.

At $195/sqft, this home is 24% 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

2802 Douglas Cv, Lago Vista, TX 78645

Property Details

Price $340,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,745 sqft
Lot Size 0.22 acres (9,461.23 sqft)
Year Built 1977
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Highland Lake Estates Sec 14
County Travis
Zip Code 78645
$/sqft $195/sqft
Days on Market ,
HOA $240/Annually
Annual Tax Est. $5,254.08
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246771186
List Date September 16, 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.

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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
2701 Warren Cv
Highland Lake Estates Sec 31
$349,000 $192 4 bd / 2 ba 1,820 sqft , 2026-07-23
4302 Liberty Ln
Highland Lake Estates Sec 02
$349,999 $193 3 bd / 2 ba 1,813 sqft , 2026-04-24
21204 Santa Rosa Ave
Highland Lake Estates Sec 31
$325,000 $209 3 bd / 2 ba 1,554 sqft , 2026-07-31
21600 Pierce cv None #101
Highland Lake Estates Sec 21
$310,000 $258 3 bd / 3 ba 1,200 sqft , 2026-06-18
21118 Highland Lake Dr #2
Lago Vista Villas Condo
$309,000 $181 3 bd / 2 ba 1,710 sqft , 2026-09-18

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
$1,632/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
$68,000
20% conventional investment loan

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

Estimated Gross Rent+$1,632
Principal + Interest−$1,856
Property Tax (~2.1% TX avg)−$595
Insurance (~0.5%)−$142
Est. Monthly Cash Flow $-961

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 18, 2026.

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