Active Listing  ·  74 days on market

2905 Newton Dr

Lago Vista, TX 78645
$999,000
5 Bed 3 Bath 3,246 sqft $308/sqft Built 1979 0.66 acres 2-Car Garage Pool Highland Lakes Estates

Spacious Custom Home with Lake Travis Lifestyle Amenities. Nestled beneath a canopy of majestic oak trees, this beautifully customized 5-bedroom, 2 1/2-bath home sits on 3 Oak covered consolidated lots, offering privacy, room to spread out, and a truly park-like setting. An additional lot also available connected to property. Designed with living in mind, the home features two living areas plus a versatile room, providing endless possibilities for a game room, home office, media room, or hobby space. Large gathering areas make entertaining friends effortless, while abundant storage throughout the home keeps everything organized. Including a 12' X 8' Tool Shed for all your outdoor gear and storage needs. The thoughtfully designed main level offers true one-story living, featuring a spacious primary suite with a beautifully appointed bath, separate his-and-hers closets, and custom built-in cabinetry. The heart of the home showcases an open-concept kitchen, dining, and living area perfect for everyday living and entertaining. Additional main-level amenities include an oversized laundry room with an expansive pantry, a convenient half bath, and a versatile office/room that can easily adapt to your needs. The second level offers exceptional space and flexibility with four generously sized bedrooms, and an additional living area featuring custom built-in entertainment cabinetry. French doors open to a private balcony showcasing tremendous panoramic views, creating the perfect space to relax or entertain. One of the bedrooms also enjoys its own private balcony, providing a peaceful retreat with elevated views and added privacy. Beautifully reimagined bathroom designed for convenience and privacy, featuring a dual-sink dressing area, linen closet, separated by a pocket door from the shower suite complete with a vanity, large walk-in shower, and built-in cabinetry.

At $308/sqft, this home is priced 20% above the Lago Vista active market average of $257/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2905 Newton Dr, Lago Vista, TX 78645

Property Details

Price $999,000
Status Active Listing
Beds 5
Full Baths 2
Half Baths 1
Living Area 3,246 sqft
Lot Size 0.66 acres (28,749.6 sqft)
Year Built 1979
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Highland Lakes Estates
County Travis
Zip Code 78645
$/sqft $308/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239439990
List Date July 11, 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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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 11, 2026 $1,199,000
Previous ask $1,099,000
Current ask $999,000
Reduced $200,000 (-16.7%) 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
3206 Marshall Ave
HIGHLAND LAKE ESTATES
$849,000 $278 4 bd / 4 ba 3,050 sqft , 2025-10-23
2401 Newton Dr
Highland Lake Estates
$849,000 $227 4 bd / 4 ba 3,734 sqft , 2026-02-07
3714 PARLIAMENT Cv
Highland Lake Estates Sec 23
$750,000 $323 4 bd / 3 ba 2,320 sqft , 2025-07-29
3706 Austin Cv
Highland Lake Estates
$750,000 $282 5 bd / 4 ba 2,660 sqft , 2026-05-13
20913 Nimitz Ave
Greens Of Lake Travis Resub
$650,000 $304 4 bd / 4 ba 2,138 sqft , 2026-08-05

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
$4,795/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
$199,800
20% conventional investment loan

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

Estimated Gross Rent+$4,795
Principal + Interest−$5,452
Property Tax (~2.1% TX avg)−$1,748
Insurance (~0.5%)−$416
Est. Monthly Cash Flow $-2,821

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 4, 2026.

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