Active Listing  ·  230 days on market

3801 Boone Dr

Lago Vista, TX 78645
$799,000
4 Bed 3 Bath 2,990 sqft $267/sqft Built 2015 0.24 acres 2-Car Garage Pool Highland Lake Estates

"TIMELESS APPEAL" An Amazing Home Worth Seeing! "1 MILE FROM CODY PARK", one of the top parks in Lago Vista! Swim, Boat and Picnic everyday! Featuring timeless Hill Country architecture and impeccable craftsmanship, this corner-lot custom residence is a serene oasis, offering resort-style tranquility with clean lines, elegant proportions, & a thoughtfully curated floor plan designed for memorable celebrations, private escape, and effortless luxury. A beautiful arched doorway & welcoming foyer set the tone for the design-focused character found throughout. An open ceiling design with a substantial wood beam anchors the main living space, and large sliding glass doors open to the outdoor living area for easy indoor–outdoor flow. The backyard & patio frame a view of the Texas Hill Country! At the heart of the home is the gourmet kitchen with an oversized island, soft-close drawers, glass-front upper cabinets, abundant storage, & a dedicated coffee bar. Open to the living and dining areas, the layout supports everyday routines and big gatherings! The main living space also features a striking stone fireplace surround, prepped for completion with firebox, flue, rain cap, and insulation still to be installed. The spacious primary suite is located on the first floor and provides a private retreat, an oversized ensuite bath with a soaking tub, and a generous walk-in closet. Also on the main level, a flex room offers versatility for a home office, gym, nursery, or additional living space. A custom wood staircase and ornate handrail complement the home’s solid design. Heading upstairs, an open living/versatile area, currently a den area, could be adapted to fit your needs! Down the hall, two secondary bedrooms share a Jack and Jill bathroom, ideal for family or guests! Lago Vista lifestyle with access to nine waterfront parks, 4 boat ramps, golf course, tennis & pickleball courts, playgrounds, a fishing well, & a general aviation airport...True Lake Living!

At $267/sqft, this home is priced 4% 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

3801 Boone Dr, Lago Vista, TX 78645

Property Details

Price $799,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,990 sqft
Lot Size 0.24 acres (10,454.4 sqft)
Year Built 2015
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Highland Lake Estates
County Travis
Zip Code 78645
$/sqft $267/sqft
Days on Market ,
HOA $240/Annually
Annual Tax Est. $9,860
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT217364125
List Date February 5, 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 · February 5, 2026 $850,000
Previous ask $833,000
Current ask $799,000
Reduced $51,000 (-6.0%) 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
3706 Austin Cv
Highland Lake Estates
$750,000 $282 5 bd / 4 ba 2,660 sqft , 2026-05-13
3211 Constitution Dr
Highland Lake Estates Sec 06
$749,500 $261 4 bd / 3 ba 2,868 sqft , 2026-02-11
3501 Constitution Dr
Highland Lake Estates Sec 05
$749,000 $244 3 bd / 3 ba 3,066 sqft , 2026-06-12
3206 Marshall Ave
HIGHLAND LAKE ESTATES
$849,000 $278 4 bd / 4 ba 3,050 sqft , 2025-10-23
21508 Lake Park Dr
Country Club Estates Sec 05
$850,000 $238 3 bd / 3 ba 3,578 sqft , 2026-09-12

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
$3,835/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
$159,800
20% conventional investment loan

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

Estimated Gross Rent+$3,835
Principal + Interest−$4,360
Property Tax (~2.1% TX avg)−$1,398
Insurance (~0.5%)−$333
Est. Monthly Cash Flow $-2,256

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 8, 2026.

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