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$400,000

21107 Santa Monica Ave, Lago Vista, TX, 78645

On MarketInfo
Beds5 Beds
Baths4 Bath
Baths4,598 Sq Ft
MultipleParcelsMultipleParcels
price_per_sqft$234.67 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Must-SellDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Exterior FeaturesBoat Ramp
Lot Size21,275 sqft

Building Information

Year Built2024
Garage Spaces4

Land Information

APN0160900312
SubdivisionLaverne Resubd Of Lt 30011a Resub Of Pt
Land Use1 Family Dwelling
Legal DescriptionLAVERNE RESUBD OF LT 30011A RESUB OF PT HIGHLAND LAKE ESTATES SEC 30 LOT 30011AB
Census Tract037400
Assessed Land Value$216,348
Assessment Year2025

About this property

The property at 21107 Santa Monica Ave, Lago Vista, TX 78645, is a 1.26-acre lot in the sought-after Highland Lake Estates neighborhood, offering potential for two custom homes or two duplexes per lot. Architectural plans are included, making it ideal for developers or investors. Key Features of Lago Vista: Recreation: Nestled on the north shore of Lake Travis, Lago Vista offers outdoor activities like boating, fishing, hiking, and golfing. Community Amenities: Parks, cultural events, and a welcoming community. Lake Access: Close to: Arkansas Bend Park (5 miles) with boat ramps and docks. Gloster Bend Recreation Area (6 miles), ideal for water activities. Development Potential: This lot is approved for two luxury homes or two duplexes per subdivided lot, with permits and plans ready for turnover: Custom Design Features: Plans for three-story homes, including: Boat garages and three-car garages, catering to lake lifestyle needs. Floodplain Consideration: While part of the lot is in a floodplain, all designs meet local regulations, ensuring safety and compliance. Proximity to Boating Facilities: Located near Lake Travis, this property provides easy access to boat ramps for seamless lake enjoyment. Investment Highlights: This turnkey development opportunity blends modern luxury with lakeside convenience. With architectural plans included, buyers can move forward immediately and maximize the property's potential

Investor Tools

$0Estimated Mortgage Balance
$1,089,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,534 /month
Positive
Cash Flow Estimate:
$2,178 /month

Interested in this property?

Sudhakar Karumuri

Key Realty Austin

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$717/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$216,348
2025
$216,348
N/A
$216,348
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$216,348

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,089,000
100%
0%
$0/mo

City: Lago Vista