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!
Active
$219,000
5916 Lago Vista Way #B-14, Lago Vista, TX 78645
3beds
3baths
1,426sqft
Est.:
Duplex
Built in 1971
-- sqft lot
$-- Zestimate®
$154/sqft
$480/mo HOA
What's special
Brand-new pex plumbingSpectacular rooftop terraceBreathtaking panoramic lake viewsUpgraded electrical panel
- 104 days
- on Zillow |
- 1,641 |
- 126 |
Zillow last checked: 7 hours ago
Listing updated: March 26, 2025 at 04:42pm
Listed by:
Joe Hawes (951) 387-2770,
Venture Partners R.E. (512) 940-3948
Source: Unlock MLS,MLS#: 6952890

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Rooms
- Room types: Master Bedroom, Bedroom, Master Bathroom, Kitchen, Additional Ktch, Living Room
Heating
- Heat Pump
Cooling
- Central Air
Appliances
- Included: Dryer, Electric Range, Microwave, Washer
Features
- Ceiling Fan(s), Quartz Counters, Kitchen Island, Open Floorplan, Primary Bedroom on Main
- Flooring: Vinyl
- Windows: Double Pane Windows
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total interior livable area: 1,426 sqft
Video & virtual tour
Property
Parking
- Parking features: Carport
Accessibility
- Accessibility features: See Remarks
Features
- Levels: Two
- Stories: 2
- Patio & porch: Terrace, See Remarks
- Exterior features: Balcony
- Fencing: None
- Has view: Yes
- View description: Hill Country, Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: None
Lot
- Size: 2,914.16 Square Feet
- Features: Back to Park/Greenbelt, Level, Near Golf Course, Trees-Moderate, Views
Details
- Additional structures: None
- Parcel number: 01748010260000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Foundation: Slab
- Roof: See Remarks
Condition
- Resale
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Not Available, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: BBQ Pit/Grill, Common Grounds, Fishing, Fitness Center, Golf, Park, Picnic Area, Playground, Pool, Sport Court(s)/Facility, Tennis Court(s)
- Subdivision: Overlook Villa West Amd
HOA
- Has HOA: Yes
- Services included: Common Area Maintenance, Landscaping, Sewer, Trash, Water
- HOA fee: $480 monthly
- HOA name: Overlook Villa West
Location
- Region: Lago Vista
Financial & listing details
- Price per square foot: $154/sqft
- Tax assessed value: $206,116
- Annual tax amount: $4,294
- Date on market: 2/5/2025
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Electric utility on property: Yes
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