About This Home

Must see !! Gorgeous 1 story with exceptional designs and finishes. This beautiful family retreat has it all. From an office with barn doors, marble floors, designer ceiling accents to modern designer light fixtures this home combines all those features. Sitting on an elevated oversized lot, this property offers beautiful, panoramic views. The home features 4 bedrooms with 4 full bathrooms, multiple suites which could accommodate family and friends staying over. An open floorplan makes it the ideal entertainer.

At $282/sqft, this home is priced 10% 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

3706 Austin Cv, Lago Vista, TX 78645

Open in Google Maps ↗ Get Directions ↗

Property Details

Price $750,000

Status Active Listing

Beds 5

Full Baths 4

Half Baths ,

Living Area 2,660 sqft

Lot Size 0.26 acres (11,273.33 sqft)

Year Built 2023

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Highland Lake Estates

County Travis

Zip Code 78645

$/sqft $282/sqft

Days on Market ,

HOA $240/Annually

Annual Tax Est. $11,154.63

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT229920124

List Date May 13, 2026

Elementary School Lago Vista

Middle School Lago Vista

High School Lago Vista

School District ,

Have Questions About This Property?

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 →

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

3714 PARLIAMENT Cv
Highland Lake Estates Sec 23 $750,000 $323 4 bd / 3 ba 2,320 sqft , 2025-07-29

3211 Constitution Dr
Highland Lake Estates Sec 06 $749,500 $261 4 bd / 3 ba 2,868 sqft , 2026-02-11

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

$3,600/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

$150,000

20% conventional investment loan

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

Estimated Gross Rent+$3,600

Principal + Interest−$4,093

Property Tax (~2.1% TX avg)−$1,313

Insurance (~0.5%)−$313

Est. Monthly Cash Flow $-2,119

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

About the Author

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 5, 2026.

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

3706 Austin Cv

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Lago Vista, TX

More Luxury Homes in Lago Vista

Explore Austin Real Estate