Active Listing  ·  224 days on market

3211 Constitution Dr

Lago Vista, TX 78645
$749,500
4 Bed 3 Bath 2,868 sqft $261/sqft Built 2005 0.23 acres 2-Car Garage Pool Highland Lake Estates Sec 06

THE ONE YOU HAVE BEEN WAITING FOR- PRICED TO SELL! Stunning Custom Mediterranean style Lago Vista home w/ outstanding attention to detail & upgrades! Brand New TPO lifetime roof & New interior & Exterior Paint! Chef's island kitchen offers Stainless Jenn-Air, Whirlpool & GE appliances + ample custom cabinetry w/ undermount lights, travertine tile & 2 way pantry! New Bosch dishwasher! Great architectural features: High Ceilings, Iron balcony railings, tray recessed ceilings, built in book shelves in hall & primary, art niches, recessed lighting & more. Exceptional outdoor living & views boasting hill top view of Lake Travis! Enjoy having no side or back neighbors, professional exterior lighting, detailed River rock work & pathways, fenced in upper yard w/ oversized shed, Private patio off guest room, tons of patio areas & sparkling pool w/ travertine tile decking & new pool pump! Roof Top Veranda w/ Cool Decking is perfect for entertainment & watching endless sunsets. Flat roof offers ample space for additional decking, creating more patio space to take in lake & hillside views from above! Retaining stucco wall & iron fence w/ ample trees & plant area plus new Artificial Turf- no maintenance! Rooms are TEXAS sized w/ fans! Primary features sitting area w/ private patio double door entrance, large tiled shower w/ seat & seamless glass door, his/hers separate walk in closets. Formal dining has sky windows, track lighting, & a gorgeous chandelier- such a fabulous unique entertaining room! 24'x24' sun shade sail and pool umbrellas will stay! Lago Vista private property owners association has several private parks & boat ramps with a ton of fun calendar events, gym & community pool. Nearby Lago Vista airport, restaurants and wineries! Don't miss this opportunity to live in small town lake life peacefulness, yet close to Austin City limits! Rare find- SHORT TERM RENTALS ALLOWED!! The lot next-door is also for sale. Possibilities for a double lot for a wonderful price!

At $261/sqft, this home is priced in line with the Lago Vista market average of $257/sqft across 225 active listings. View Austin market report →

Location

3211 Constitution Dr, Lago Vista, TX 78645

Property Details

Price $749,500
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,868 sqft
Lot Size 0.23 acres (10,227.89 sqft)
Year Built 2005
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Highland Lake Estates Sec 06
County Travis
Zip Code 78645
$/sqft $261/sqft
Days on Market ,
HOA $225/Annually
Annual Tax Est. $11,887.36
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT218945925
List Date February 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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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
3501 Constitution Dr
Highland Lake Estates Sec 05
$749,000 $244 3 bd / 3 ba 3,066 sqft , 2026-06-12
3706 Austin Cv
Highland Lake Estates
$750,000 $282 5 bd / 4 ba 2,660 sqft , 2026-05-13
3801 Boone Dr
Highland Lake Estates
$799,000 $267 4 bd / 3 ba 2,990 sqft , 2026-02-05
19818 Colina Dr
COOK
$699,999 $345 4 bd / 3 ba 2,028 sqft , 2026-03-18
3405 Congress Ave
Highland Lake Estates Sec 05
$675,000 $261 4 bd / 3 ba 2,585 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
$3,598/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
$149,900
20% conventional investment loan

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

Estimated Gross Rent+$3,598
Principal + Interest−$4,090
Property Tax (~2.1% TX avg)−$1,312
Insurance (~0.5%)−$312
Est. Monthly Cash Flow $-2,116

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 July 22, 2026.

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