Active Listing  ·  76 days on market

7801 Turnback Ledge Trl

Lago Vista, TX 78645
$575,000
4 Bed 3 Bath 3,004 sqft $191/sqft Built 2016 0.23 acres 2-Car Garage Pool Tessera On Lake Travis Ph 1a

Luxury Lake Travis living awaits in this stunning Highland Home located in the highly sought-after Tessera on Lake Travis! This beautifully designed 4-bedroom, 3-bath home with a dedicated study and media room offers gorgeous Lake Travis and Hill Country views. Thoughtfully upgraded throughout, you'll find warm wood flooring, brick accent walls, wood beam ceiling accents, designer lighting, ceiling fans, custom window treatments, & an open-concept layout perfect for entertaining. The chef's kitchen features a large island with pendant lighting, granite countertops, under-cabinet lighting, abundant cabinetry, & overlooks the spacious family room with a floor-to-ceiling stone wood-burning fireplace. Refrigerator, washer, dryer, mounted TVs, media equipment, theater seating, and surround sound all convey! The private owner's retreat includes a sitting area, barn-door entry to the luxurious bath, dual vanities, soaking tub, separate shower, & an oversized walk-in closet. The study offers custom built-in bookcases, while the laundry room includes a utility sink for added convenience. Step outside to an oversized backyard with plenty of room for a future pool and enjoy the covered Texas porch featuring custom motorized retractable privacy screens—ideal for relaxing or entertaining year-round. Durable four-side brick and stone construction completes this exceptional home. Tessera is one of Lake Travis' premier lakefront communities, offering resort-style amenities including an infinity-edge pool, private lakeside beach, playground, event pavilion, volleyball courts, hiking and biking trails, private boat launch, fishing dock, and direct lake access. Located in acclaimed Lago Vista ISD and just minutes from golf courses, wineries, breweries, waterfront restaurants, marinas, and Balcones Canyonlands National Wildlife Refuge, you'll enjoy endless opportunities for boating, fishing, kayaking, paddleboarding, hiking, and everything the Lake Travis lifestyle has to offer.

At $191/sqft, this home is 26% 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

7801 Turnback Ledge Trl, Lago Vista, TX 78645

Property Details

Price $575,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 3,004 sqft
Lot Size 0.23 acres (10,105.92 sqft)
Year Built 2016
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Tessera On Lake Travis Ph 1a
County Travis
Zip Code 78645
$/sqft $191/sqft
Days on Market ,
HOA $62/Monthly
Annual Tax Est. $11,378
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232560813
List Date July 9, 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 · July 9, 2026 $599,900
Current ask $575,000
Reduced $24,900 (-4.2%) 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
7425 Pace Ravine Dr
Tessera On Lake Travis Ph 1A
$579,900 $197 3 bd / 3 ba 2,944 sqft , 2026-04-08
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
$2,760/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
$115,000
20% conventional investment loan

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

Estimated Gross Rent+$2,760
Principal + Interest−$3,138
Property Tax (~2.1% TX avg)−$1,006
Insurance (~0.5%)−$240
Est. Monthly Cash Flow $-1,624

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 5, 2026.

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