Active Listing  ·  34 days on market

3800 Annapolis Cv

Lago Vista, TX 78645
$389,900
3 Bed 3 Bath 1,862 sqft $209/sqft Built 2015 0.22 acres 2-Car Garage Pool Highland Lake Estates Sec 04

Welcome to this beautiful single-story home nestled on a corner cul-de-sac lot in Lago Vista! Offering 3 bedrooms, 2.5 baths, and two spacious living areas, this home combines comfort, functionality, and the relaxed lake lifestyle. The kitchen features granite countertops, a breakfast bar, pantry, recessed lighting, refrigerator, and a new stove, opening seamlessly to the family room for easy everyday living and entertaining. The spacious primary suite features a walk-in closet and private bath with dual vanities, a soaking tub, and separate walk-in shower.

Thoughtful features and updates include a 1-year-old A/C system, water softener, tankless water heater, remote-control ceiling fans, epoxy garage flooring, attic storage above the garage, and an extended driveway. Outside, enjoy the patio, storage shed, hummingbird-friendly flowers, peach tree, and spacious backyard.

Enjoy the Lago Vista lifestyle with access to private lakes, with the nearest approximately one mile away, along with a community gym and a community pool approximately two miles away. Additional recreational opportunities include parks, playgrounds, fishing, golf courses throughout the neighborhood, and frisbee golf conveniently located along the way to the lake. A wonderful opportunity to enjoy Hill Country living with recreation and lake amenities close to home!

At $209/sqft, this home is 19% 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

3800 Annapolis Cv, Lago Vista, TX 78645

Property Details

Price $389,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,862 sqft
Lot Size 0.22 acres (9,452.52 sqft)
Year Built 2015
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Highland Lake Estates Sec 04
County Travis
Zip Code 78645
$/sqft $209/sqft
Days on Market ,
HOA $150/Annually
Annual Tax Est. $9,083.09
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243986348
List Date August 20, 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
4112 Rockwood Dr
Lago Vista
$399,000 $208 3 bd / 2 ba 1,917 sqft , 2026-03-27
21201 Kiowa Cv
Lago Vista Country Club Estate
$400,000 $174 4 bd / 3 ba 2,293 sqft , 2026-04-28
21105 Newport Cv
Highland Lake Estates Sec 32
$419,000 $234 3 bd / 2 ba 1,793 sqft , 2026-08-22
20506 National Dr
Lago Vista Country Club Estate
$355,000 $193 4 bd / 2 ba 1,843 sqft , 2026-01-15
20900 Boggy Ford Rd
Country Club Estates Sec 09
$429,000 $212 3 bd / 3 ba 2,021 sqft , 2026-06-20

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
$1,872/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
$77,980
20% conventional investment loan

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

Estimated Gross Rent+$1,872
Principal + Interest−$2,128
Property Tax (~2.1% TX avg)−$682
Insurance (~0.5%)−$162
Est. Monthly Cash Flow $-1,100

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 11, 2026.

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