Active Listing  ·  111 days on market

8502 Red Bottle Brush Rd

Lago Vista, TX 78645
$439,950
3 Bed 2 Bath 1,846 sqft $238/sqft Built 2023 0.15 acres 2-Car Garage Pool New Construction Tessera/Lk Travis Ph 4A

*HUGE BUYER INCENTIVES*-This weekend only, 4.75% (OAC)+ Closing Costs! Also, FREE cabinet hardware upgrade on every home under contract before Sunday, Aug 23rd at midnight!

*NEW CONSTRUCTION* - AVAILABLE NOW!

Discover unparalleled comfort and modern elegance in this captivating single-story residence, ideally situated in the vibrant community of LAKESIDE AT TESSERA. A warm entry welcomes residents into a long hall, illuminated by elegant recessed lighting, setting the stage for the sophisticated interiors within. The heart of this home is its open-concept kitchen, where culinary dreams come alive with sleek stainless steel appliances, including a dishwasher, gas range, double oven, and microwave. A spacious kitchen island and stunning counters provide ample workspace, seamlessly connecting to the living areas, perfect for entertaining. The great room, bathed in natural light, features vaulted ceilings, ceiling fans, and a modern fireplace, offering a perfect blend of style and comfort. Retreat to one of three well-lit bedrooms, each featuring plush carpeting and generous closet space, ensuring a comfortable sanctuary for all. The luxurious primary bathroom offers a spa-like experience with a freestanding soaking tub, a glass-enclosed walk-in shower, and a sleek double vanity, complemented by ceramic tile flooring. The additional bathroom is equally well-appointed, featuring a tile-surrounded bathtub and shower, along with a double vanity. A functional pantry with ample built-in shelving provides generous storage, enhancing the home's practicality. This residence provides a harmonious blend of luxurious finishes and thoughtful design, ensuring a lifestyle of ease and sophistication in a desirable Leander location.

Photos may not be of actual home but of the same floor plan.

At $238/sqft, this home is 7% 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

8502 Red Bottle Brush Rd, Lago Vista, TX 78645

Property Details

Price $439,950
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,846 sqft
Lot Size 0.15 acres (6,368.47 sqft)
Year Built 2023
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Tessera/Lk Travis Ph 4A
County Travis
Zip Code 78645
$/sqft $238/sqft
Days on Market ,
HOA $936/Annually
Annual Tax Est. $8,192.85
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT232658970
List Date June 4, 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 · June 4, 2026 $484,950
Previous ask $453,450
Current ask $439,950
Reduced $45,000 (-9.3%) 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
8507 Pine Muhly Dr
Lakeside at Tessera on Lake Travis
$439,950 $238 3 bd / 2 ba 1,846 sqft , 2026-06-04
8119 Purple Aster Pass
Tessera/Lk Travis Ph 1B2
$447,700 $198 3 bd / 3 ba 2,256 sqft , 2026-06-03
22601 Maidengrass Ln
Tessera/Lk Travis Ph 3A2
$425,000 $189 4 bd / 3 ba 2,248 sqft , 2026-09-02
22809 Golden Daisy Ln
Tessera/Lk Travis Ph 2a
$455,000 $216 4 bd / 3 ba 2,103 sqft , 2026-09-02
8521 Pine Muhly Dr
Tessera On Lake Travis
$459,950 $228 4 bd / 2 ba 2,015 sqft , 2026-06-05

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
$2,112/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
$87,990
20% conventional investment loan

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

Estimated Gross Rent+$2,112
Principal + Interest−$2,401
Property Tax (~2.1% TX avg)−$770
Insurance (~0.5%)−$183
Est. Monthly Cash Flow $-1,242

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 →