Active Listing  ·  259 days on market

7805 Turnback Ledge Trl

Lago Vista, TX 78645
$455,000
4 Bed 2 Bath 2,516 sqft $181/sqft Built 2017 0.21 acres 3-Car Garage Pool Tessera On Lake Travis Ph 1A

Motivated sellers! Welcome to this immaculate, light-filled home in the highly sought-after Lakeside at Tessera community. Situated on a generous 9,087 sq ft lot, this one-of-a-kind, Highland Home residence in the development is 2516 sq ft and single-level. It offers 4 bedrooms and 2 full bathrooms with a thoughtfully planned layout that balances openness and privacy. The open-concept living, dining, and kitchen areas are ideal for both everyday living and entertaining, filled with natural light and framed by serene views that create a calm, welcoming atmosphere. The home features a desirable separation of space with the primary suite privately positioned away from the secondary bedrooms - perfect for relaxation and retreat. Meticulously maintained and move-in ready, this home exudes a fresh, peaceful, and effortlessly elegant feel throughout. A 3-car tandem garage provides exceptional storage and parking flexibility. Step outside to the covered patio, where you can unwind or entertain while taking in the beautiful, tranquil views. The large, private backyard is ready to enjoy as-is or offers the perfect canvas to add your own personal touches - whether a garden, play space, or future outdoor upgrades. Living in Lakeside at Tessera means enjoying resort-style amenities, including a private boat ramp and day dock on Lake Travis, a pool and pavilion with stunning lake views, a playground, and walking/hiking trails woven throughout the community. This home offers not just a place to live, but a lifestyle defined by nature, comfort, and connection. 7805 Turnback Ledge Trail is a rare opportunity to enjoy refined living on Lake Travis.

At $181/sqft, this home is 30% 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

7805 Turnback Ledge Trl, Lago Vista, TX 78645

Property Details

Price $455,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 2,516 sqft
Lot Size 0.21 acres (9,086.62 sqft)
Year Built 2017
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Tessera On Lake Travis Ph 1A
County Travis
Zip Code 78645
$/sqft $181/sqft
Days on Market ,
HOA $95/Monthly
Annual Tax Est. $11,009.51
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT214722625
List Date January 7, 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 · January 7, 2026 $599,000
Previous ask $484,000
Current ask $455,000
Reduced $144,000 (-24.0%) 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
22809 Golden Daisy Ln
Tessera/Lk Travis Ph 2a
$455,000 $216 4 bd / 3 ba 2,103 sqft , 2026-09-02
7717 Pace Ravine Dr
Tessera/Lk Travis Ph 1B1
$459,000 $161 4 bd / 3 ba 2,847 sqft , 2026-08-19
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

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
$2,184/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
$91,000
20% conventional investment loan

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

Estimated Gross Rent+$2,184
Principal + Interest−$2,483
Property Tax (~2.1% TX avg)−$796
Insurance (~0.5%)−$190
Est. Monthly Cash Flow $-1,285

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 12, 2026.

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