Active Listing  ·  35 days on market

7717 Pace Ravine Dr

Lago Vista, TX 78645
$459,000
4 Bed 3 Bath 2,847 sqft $161/sqft Built 2020 0.15 acres 2-Car Garage Pool Tessera/Lk Travis Ph 1B1

Nestled in Lakeside at Tessera in Lago Vista, this beautifully designed two-story home combines spacious living with scenic Hill Country surroundings along the north shore of Lake Travis. Featuring 4 bedrooms, 3 full baths, two generous living areas & a dedicated media room, this flexible floor plan is perfect for everyday living & entertaining.

Step into a welcoming front porch leading into a grand entry & open-concept layout that flows naturally, creating ideal gathering spaces for family & guests. A chef-inspired luxurious kitchen anchors the home with elegant quartz counters, grand center island & convenient bar seating. Soaring ceilings in the living room add a sense of openness, while large windows overlooking the backyard bring in natural light. Located on the main floor, the spacious primary suite offers a private retreat with bay windows & high ceilings. Spa-like comfort awaits in the en-suite bath, complete with soaking tub, separate walk-in shower, dual vanities & generous walk-in closet.

A guest bedroom on the main level provides accommodations for guests or a home office. Upstairs features two additional bedrooms, full bath, a secondary living area, & a dedicated media room perfect for movie nights & game days. Ample storage throughout the home adds practical convenience.

Revel in outdoor living in the spacious backyard, where a covered patio provides space to enjoy the beautiful surroundings year-round. Peaceful greenspace behind the property offers tree-lined views, added privacy & no neighbors directly behind the home.

Enjoy access to resort-style amenities including a stunning pool with sweeping lake views, pavilion, playground & private boat ramp. Some amenities have shared use with the community & public. Scenic trails wind throughout the community, showcasing beautiful Hill Country scenery & breathtaking views. Tessera offers direct access to Lake Travis, where you can enjoy the water & relax in the lake life experience.

At $161/sqft, this home is 37% 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

7717 Pace Ravine Dr, Lago Vista, TX 78645

Property Details

Price $459,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,847 sqft
Lot Size 0.15 acres (6,534 sqft)
Year Built 2020
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Tessera/Lk Travis Ph 1B1
County Travis
Zip Code 78645
$/sqft $161/sqft
Days on Market ,
HOA $95/Monthly
Annual Tax Est. $10,253
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242565033
List Date August 19, 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 →

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 · August 19, 2026 $469,000
Current ask $459,000
Reduced $10,000 (-2.1%) 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
8521 Pine Muhly Dr
Tessera On Lake Travis
$459,950 $228 4 bd / 2 ba 2,015 sqft , 2026-06-05
8510 Red Bottle Brush Rd
Tessera/Lk Travis Ph 4A
$459,950 $228 4 bd / 2 ba 2,015 sqft , 2026-06-05
22108 Cross Timbers Bnd
Tessera On Lake Travis Ph 1A
$460,000 $199 3 bd / 2 ba 2,306 sqft , 2026-05-29
7805 Turnback Ledge Trl
Tessera On Lake Travis Ph 1A
$455,000 $181 4 bd / 2 ba 2,516 sqft , 2026-01-07
22809 Golden Daisy Ln
Tessera/Lk Travis Ph 2a
$455,000 $216 4 bd / 3 ba 2,103 sqft , 2026-09-02

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
$2,203/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
$91,800
20% conventional investment loan

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

Estimated Gross Rent+$2,203
Principal + Interest−$2,505
Property Tax (~2.1% TX avg)−$803
Insurance (~0.5%)−$191
Est. Monthly Cash Flow $-1,296

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 22, 2026.

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