Active Listing  ·  271 days on market

5704 Roundup Way

Lago Vista, TX 78645
$324,999
3 Bed 3 Bath 1,692 sqft $192/sqft Built 2016 0.28 acres 2-Car Garage Pool Lago Vista Country Club Estate

Lake life, peaceful surroundings, and outstanding investment potential come together at 5704 Roundup Way in Lago Vista. Whether you’re searching for a full-time residence, weekend getaway, or income-producing short-term rental, this home offers the flexibility buyers are looking for. With soaring 10-foot ceilings, an open-concept layout, an entertainer’s kitchen, and a finished garage that can serve as a game room, media room, or additional living space, it’s designed for both relaxation and entertaining.

Step outside to enjoy one of the home’s most memorable features—a private backyard where deer gather almost every evening, creating a truly unforgettable Hill Country experience. Imagine unwinding on the patio as wildlife visits at sunset, offering the peaceful setting buyers dream about.

Located in the sought-after Lago Vista community near Lake Travis, residents enjoy access to parks, boat ramps, golf, hiking, and waterfront amenities. With its inviting layout, unique outdoor experience, and strong short-term rental potential, this property is an exceptional opportunity for homeowners and investors alike.

At $192/sqft, this home is 25% 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

5704 Roundup Way, Lago Vista, TX 78645

Property Details

Price $324,999
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,692 sqft
Lot Size 0.28 acres (12,109.68 sqft)
Year Built 2016
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lago Vista Country Club Estate
County Travis
Zip Code 78645
$/sqft $192/sqft
Days on Market ,
HOA $240/Annually
Annual Tax Est. $8,802.13
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT214786965
List Date December 26, 2025
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.

Schedule a Call →

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 · December 26, 2025 $380,000
Previous ask $325,000
Current ask $324,999
Reduced $55,001 (-14.5%) 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
20701 Camel Back St
Lago Vista Country Club Estate
$334,900 $190 3 bd / 2 ba 1,759 sqft , 2026-07-15
20812 Buena Vis
Lago Vista Sec 03 Ph 03
$349,950 $176 3 bd / 3 ba 1,985 sqft , 2026-06-21
20506 National Dr
Lago Vista Country Club Estate
$355,000 $193 4 bd / 2 ba 1,843 sqft , 2026-01-15
5302 Thunderbird St
Lago Vista
$364,900 $201 3 bd / 2 ba 1,813 sqft , 2026-04-16

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
$1,560/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
$65,000
20% conventional investment loan

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

Estimated Gross Rent+$1,560
Principal + Interest−$1,774
Property Tax (~2.1% TX avg)−$569
Insurance (~0.5%)−$135
Est. Monthly Cash Flow $-918

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 17, 2026.

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