Active Listing  ·  168 days on market

7425 Pace Ravine Dr

Lago Vista, TX 78645
$579,900
3 Bed 3 Bath 2,944 sqft $197/sqft Built 2017 0.21 acres 2-Car Garage Pool Tessera On Lake Travis Ph 1A

Lake views, greenbelt privacy, and space where it actually matters. This well-maintained all-brick home in Lakeside at Tessera offers 2,933 sq ft of thoughtfully designed living with a layout that checks every box. This home also features outdoor living at it's finest, with outdoor kitchen space, covered patio and beautiful yard with wrought iron fencing.

Backing to a peaceful greenbelt and positioned to capture lake views, the home blends indoor comfort with the kind of setting buyers are looking for in Lakeside at Teserra. Inside, you’ll find a spacious living area with fireplace, a large primary suite, and a dedicated home office with lake views that makes working from home feel like a retreat.

The bonus room adds incredible flexibility, complete with a dry bar, large closet, and lake views—ideal for a second living area, game room, or guest retreat. Storage is abundant throughout, including a huge laundry room and oversized pantry that make everyday living easier.

GARAGE has 8' garage door opening and 3' extension in depth. This allows 3/4 ton truck and/or boat parking in the garage. Also has built in storage shelving on three sides.

Established landscaping makes this backyard feel like your private oasis and the location puts you just moments from community amenities, including the pool and lake access.

A rare combination of space, views, and condition in one of Lago Vista’s most desirable communities. Lago Vista is a great central location to Austin, The Domain, Marble Falls, all located about 40-45 minutes away. Make this home your new homebase to your new lake life!

At $197/sqft, this home is 23% 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

7425 Pace Ravine Dr, Lago Vista, TX 78645

Property Details

Price $579,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,944 sqft
Lot Size 0.21 acres (9,099.68 sqft)
Year Built 2017
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Tessera On Lake Travis Ph 1A
County Travis
Zip Code 78645
$/sqft $197/sqft
Days on Market ,
HOA $95/Monthly
Annual Tax Est. $8,476
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT224817583
List Date April 8, 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.

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
7801 Turnback Ledge Trl
Tessera On Lake Travis Ph 1a
$575,000 $191 4 bd / 3 ba 3,004 sqft , 2026-07-09
7430 Pace Ravine Dr
Tessera On Lake Travis Ph 1A
$569,000 $214 4 bd / 3 ba 2,658 sqft , 2026-07-29
8116 Royal Mint Cv
Lakeside At Tessera On Lake Travis
$594,749 $191 4 bd / 4 ba 3,110 sqft , 2026-09-10
8112 Royal Mint Cv
Lakeside At Tessera On Lake Travis
$599,348 $196 4 bd / 4 ba 3,051 sqft , 2026-09-10
8124 Royal Mint Cv
Lakeside At Tessera On Lake Travis
$629,699 $210 4 bd / 4 ba 3,000 sqft , 2026-09-10

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
$2,784/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
$115,980
20% conventional investment loan

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

Estimated Gross Rent+$2,784
Principal + Interest−$3,165
Property Tax (~2.1% TX avg)−$1,015
Insurance (~0.5%)−$242
Est. Monthly Cash Flow $-1,638

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 20, 2026.

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