5916 Lago Vista Way Unit B14 Lago Vista, TX 78645
Lago Vista Country Club Estates NeighborhoodEstimated payment $2,053/month
Highlights
- Golf Course Community
- Fitness Center
- Fishing
- Lago Vista Elementary School Rated A-
- Second Kitchen
- Lake View
About This Home
Prime Rental Investment Opportunity with Lake Views!
Don’t miss this incredible opportunity to own a fully remodeled income-producing property in Lago Vista! This home features two separate rental units: a 2-bedroom, 2-bathroom unit renting for $1,395/month and a studio efficiency renting for $925/month—a fantastic return on investment.
No expense was spared in the complete renovation of this property. The flooring, kitchens, and bathrooms have all been beautifully updated, and the home boasts brand-new PEX plumbing, an upgraded electrical panel, and more. Inside and out, this home is like new.
One of the standout features is the spectacular rooftop terrace, offering breathtaking panoramic lake views—a perfect place to relax and unwind.
As part of Overlook Villa West, you’ll enjoy access to the community pool, plus all the incredible amenities of the Lago Vista POA, including:
9 waterfront parks, 4 boat ramps, basketball, tennis, and pickleball courts, a golf course, a disc golf course, 2 fitness centers (one brand new, comparable to a commercial gym), and another community pool.
Live like you’re on vacation year-round while generating consistent rental income—a rare find in Lago Vista!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,294
Year Built
- Built in 1971
Lot Details
- 2,914 Sq Ft Lot
- North Facing Home
- Level Lot
- Wooded Lot
HOA Fees
- $480 Monthly HOA Fees
Property Views
- Lake
- Hills
Home Design
- Duplex
- Slab Foundation
- Stucco
Interior Spaces
- 1,426 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Ceiling Fan
- Double Pane Windows
- Living Room with Fireplace
- Vinyl Flooring
Kitchen
- Second Kitchen
- Electric Range
- Microwave
- Kitchen Island
- Quartz Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 2 Parking Spaces
- Carport
Outdoor Features
- Balcony
- Terrace
Schools
- Lago Vista Elementary And Middle School
- Lago Vista High School
Utilities
- Central Air
- Heat Pump System
- Natural Gas Not Available
- Phone Available
- Cable TV Available
Additional Features
- Sustainability products and practices used to construct the property include see remarks
- Property is near a golf course
Listing and Financial Details
- Assessor Parcel Number 01748010260000
- Tax Block B
Community Details
Overview
- Association fees include common area maintenance, landscaping, sewer, trash, water
- Overlook Villa West Association
- Overlook Villa West Amd Subdivision
Amenities
- Community Barbecue Grill
- Picnic Area
- Common Area
Recreation
- Golf Course Community
- Tennis Courts
- Sport Court
- Community Playground
- Fitness Center
- Community Pool
- Fishing
- Park
- Trails
Pet Policy
- Pets Allowed
- Pet Deposit $400
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $4,014 | $198,455 | $60,000 | $138,455 |
| 2022 | $4,519 | $204,634 | $60,000 | $144,634 |
| 2021 | $3,265 | $131,768 | $18,000 | $113,768 |
| 2020 | $2,465 | $95,747 | $18,000 | $77,747 |
| 2018 | $2,631 | $99,480 | $18,000 | $81,480 |
| 2017 | $2,103 | $82,000 | $18,000 | $64,000 |
| 2016 | $1,773 | $63,753 | $18,000 | $45,753 |
| 2015 | $1,669 | $61,370 | $18,000 | $43,370 |
| 2014 | $1,669 | $62,934 | $18,000 | $44,934 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/05/2025 02/05/25 | For Sale | $219,000 | -- | $154 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | Independence Title | |
| Warranty Deed | -- | Independence Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $90,750 | Purchase Money Mortgage |
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 6952890
APN: 178054
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