Active Listing  ·  77 days on market

2807 Declaration Cir

Lago Vista, TX 78645
$460,000
3 Bed 2 Bath 2,103 sqft $219/sqft Built 1993 0.21 acres 2-Car Garage Pool Highland Lake Estates Sec 08

Back on the market through no fault of the home or seller. The photos do not do these views justice! Enjoy breathtaking panoramic Lake Travis views, a full RV/boat pad with hookups, a 2-car garage, plus a separate golf cart garage. The back covered patio spans the entire back of the house! The living, dining, and kitchen areas are filled with natural light and showcase stunning lake views. Two of the three bedrooms offer lake views, while the third overlooks a beautiful mature Heritage live oak. The floorplan also includes an additional flex room flooded with natural light from a skylight! The private primary suite features panoramic lake views, a large walk-in closet, and direct access to the oversized covered rear patio. The home backs to green space that was formerly used as a golf course and is currently an inactive golf course. The property is currently zoned as a golf course. Current and future zoning maps are included in the listing documents for buyer review (and peace of mind). Enjoy all the POA amenities without an HOA governing your home or property. The POA manages the amenities - not your home - so you get the perks without the HOA restrictions!

Whether you're looking for a full-time residence, weekend retreat, or short-term rental opportunity, this property offers a unique Lake Travis lifestyle. The seller has thoughtfully considered the opportunity for future updates and improvements of the buyer’s choice, and the listing price reflects that flexibility. Lago Vista POA amenities include waterfront parks, boat ramps, fishing areas, marina, pool, fitness centers, tennis and pickleball courts, playgrounds, hiking trails, and more.

At $219/sqft, this home is 15% 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

2807 Declaration Cir, Lago Vista, TX 78645

Property Details

Price $460,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,103 sqft
Lot Size 0.21 acres (9,147.6 sqft)
Year Built 1993
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Highland Lake Estates Sec 08
County Travis
Zip Code 78645
$/sqft $219/sqft
Days on Market ,
HOA $240/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239013524
List Date July 8, 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 →

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 8, 2026 $465,000
Current ask $460,000
Reduced $5,000 (-1.1%) 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
20302 Boggy Ford Rd
Lago Vista Country Club Estates
$460,000 $205 3 bd / 3 ba 2,243 sqft , 2026-09-16
20102 Coolidge Ln
Highland Lake Estates Sec 03
$459,000 $213 3 bd / 3 ba 2,158 sqft , 2026-08-18
2008 American Dr #2
Lago Vista Villas Condo
$449,000 $172 4 bd / 3 ba 2,616 sqft , 2026-04-05
20911 Waterside Dr #9
Waterside Oaks Condo Amd
$449,000 $231 3 bd / 4 ba 1,942 sqft , 2026-07-28
20014 Boggy Ford Rd
Highland Lake Estates Sec 02
$448,770 $263 4 bd / 2 ba 1,707 sqft , 2026-05-26

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
$2,208/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
$92,000
20% conventional investment loan

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

Estimated Gross Rent+$2,208
Principal + Interest−$2,510
Property Tax (~2.1% TX avg)−$805
Insurance (~0.5%)−$192
Est. Monthly Cash Flow $-1,299

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 19, 2026.

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