5920 Lago Vista Way Unit C-23, Lago Vista, TX 78645

$240,000
3
BD
3
BA
1,576
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$240,000
Status
ACTIVE
MLS#
6625036
Days on Market
15
Bedrooms
3
Bathrooms
3
Living Area
1,576
Lot Size
3,036
Area
Northwest Travis Co.
Unit
C-23

Property Description

AMAZING TURN KEY READY, FULLY RENOVATED INVESTMENT OPPORTUNITY. Cash flow positive. TWO UNITS, COMBINED $2345/MONTHLY RENT! UP/DOWN DUPLEX!! BOTH UNITS ARE UNDER 12 MONTH LEASE TO WELL QUALIFIED TENANTS. Upstairs 3 bedroom unit is RENTED @ $1395/month through July 2025. Lower studio unit IS RENTED @ $950/Month Downstairs is a "turnkey ready" studio unit, fully remodeled with new flooring, paint, shower, bathroom vanity, new toilet, lighting, kitchen cabinets, appliances and AC unit. Comparable units lease for $1k plus. The upper unit (Also completely gutted and remodeled) is 3 bedrooms and 2 full bathrooms with high ceilings and plenty of windows. Brand new HVAC system, brand new kitchen (including new cabinets and counters), brand new bathrooms, new vanities, new toilets, new flooring, new paint, new appliances and fixtures. Both units share a laundry room (including brand new washer/dryer) that is located in the carport. Both units include brand new fridges. On the third floor is a gorgeous rooftop terrace accessible by both units. 2 Brand New Tankless Water Heaters. New Sink Plumbing. New outlets and light switches throughout. Overlook Villa offers common area maintenance, fenced pool and fenced hot tub. Lago Vista POA offer multiple boat launches, parks, sport course, marina, sport fields, multiple meeting/community facilities, fitness and fishing hole. Well located near the Lake, Golf Course and Lago Vista Elementary. Quick access to Lohman Ford, making it easy to get to 1431. Don't miss on this "turnkey" investment or primary residence!

Additional Information

Taxes
$3,806
Tax Year
2026
HOA Name
Overlook Villas North & LVPOA
Year Built
1971
Parking Spaces
2
Exterior Features
Exterior Steps, See Remarks
Interior Features
Built-in Features, Ceiling Fan(s), Ceiling-High, Quartz Counters, Kitchen Island
Roof
Membrane
Appliances
Dryer, Electric Range, Oven, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Electric Water Heater
Construction
Concrete
Region
Northwest Travis Co.
View
Lake/River
School District
Lago Vista ISD
Elementary School
Lago Vista
High School
Lago Vista
Middle School
Lago Vista
Sewer
Public Sewer
Stories
2
Street Name
Lago Vista Way
Street Number
5920
Neighborhood
Overlook Villa North
Unit
C-23
Water
Public
Guest Accommodations
None
Acres
0.07
County
Travis
Floor
See Remarks
Heating
Central
Lot Description
Near Golf Course

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Agent Realty. Contact: almasilbert@gmail.com

Brought to you by the Austin Board of REALTORS® All visitors are subject to ABoR Terms and Conditions of Use.