5920 Lago Vista WAY # 23, Lago Vista TX 78645

Lago Vista, TX 78645 | Overlook Villa North

Why It May Not Have Sold

The following is speculative analysis based on publicly available market data. There are many reasons a home may not sell that aren't reflected in MLS data, including personal circumstances, property condition, title issues, or simply a change of plans. This analysis looks only at market positioning factors.

$170,000 Ed's Estimate: $270,086 $437,477
Lowest Comp Recommended List: $265,000 to $275,000 Highest Comp

Listing History

$240,000 List Price
$315,592 Comp Value
0 Price Reductions

This property was listed at $240,000 and withdrawn after 19 days on market. This listing activity factors into the valuation.

This home was listed at $240,000 and was on the market for 19 days before being withdrawn. Based on comparable sales, the market data suggests a value closer to $270,086. Here are some factors that may have played a role: At the time, there appear to have been 1 similar homes available at lower price points, which may have given buyers other options. Built in 1971, this home may have faced competition from newer construction in the area priced similarly. Being 150 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 1971 (23 years older than comps) is factored into the value estimate. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus
3 Beds
3 Baths 3 Full
1,576 Sq Ft
0.0697 Acres
1971 Built

About This Property

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!

Property Highlights

View Hill Country, Lake

Features

  • Built-in Features
  • Ceiling Fan(s)
  • High Ceilings
  • Quartz Counters
  • Kitchen Island

Location

Schools

School District Lago Vista ISD
Elementary Lago Vista
Middle School Lago Vista
High School Lago Vista

Property Details

Property Type Residential
Construction Concrete
Roof Membrane
Foundation Slab
Levels Two
Flooring See Remarks
Cooling Central Air, Wall/Window Unit(s)
Heating Central
Exterior Exterior Steps, See Remarks
County Travis
MLS # 6625036
Parking 2 spaces: Additional Parking, Attached Carport, Covered
Windows Screens

Lot, Outdoor & Utilities

Lot Features Near Golf Course
Patio & Porch Terrace
Water Public
Sewer Public Sewer
Utilities Cable Available, Electricity Available, Water Connected

HOA & Community

HOA Fee $390 /Monthly
HOA Name Overlook Villas North & LVPOA
HOA Includes Common Area Maintenance, Maintenance Structure, Trash
Community Features Lake, Park, Pool, See Remarks

Tax Information

Annual Taxes (MLS) $3,806 (2026)
Assessed Value $161,082
Exemptions None

Listing History

MLS# 6737131 33 days
Sep 22, 2026 Off Market
Aug 24, 2026 Price Change $949
Aug 20, 2026 Listed $1,000

Frequently Asked Questions About 5920 Lago Vista WAY # 23, Lago Vista TX 78645

When was 5920 Lago Vista WAY # 23, Lago Vista TX 78645 built?

5920 Lago Vista WAY # 23, Lago Vista TX 78645 was built in 1971. It is concrete construction with 1,576 square feet on a 0.0697 acre lot.

How much does 5920 Lago Vista WAY # 23, Lago Vista TX 78645 cost?

5920 Lago Vista WAY # 23, Lago Vista TX 78645 is currently off market.

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