5802 Circulo DR #4D, Lago Vista TX 78645
MLS #247239256 · JPAR Round Rock · Nissa Lesage
About this home
Welcome to this beautifully renovated three-level condo in The Overlooks of Lago Vista, where flexible living meets laid-back Hill Country charm. With two separate living units under one taxing entity, this unique property offers endless possibilities for homeowners, investors, or anyone dreaming of a home that can help pay for itself. The lower-level studio has a private entrance, living area, divider-defined sleeping space, full kitchen with bar seating, and full bathroom. It is currently rented month-to-month for $1,050. Renter can be out in 30 days, OR you can extend the lease term. The upper residence offers two bedrooms, two full bathrooms, spacious living and dining areas, and a full kitchen. Standout features include a suspended fireplace, renovated kitchen, dual closets in the primary bedroom, and updated bathrooms. Full of character and natural light, this inviting space feels equally suited for quiet mornings at home or evenings spent entertaining. The third-story open terrace is finished with artificial turf and deck tiles, creating a private escape above it all. Sip your morning coffee, unwind with a glass of wine, or take in the beautiful Hill Country and Lago Vista views as the sun goes down. For a cash buyer, the existing $1,050 monthly studio rent could potentially cover the property’s monthly overhead, allowing the owner to live upstairs without a mortgage payment. The upper unit may also have rental potential of approximately $1,400–$1,600 per month, creating an opportunity for considerable income when both units are rented. The community HOA is $341 a month PLUS WATER, SEWER AND TRASH - approximately $425–$475 per month with normal usage. This HOA is separate from the Lago Vista Property Owners Association. Buyers may check with LVPOA regarding the availability of a public park and recreation pass.
Property details
- Property type
- Residential · Condominium
- Status
- Active
- Year built
- 1971
- Full baths
- 3
- Lot size
- 0.0669
- Subdivision
- Overlook Villa West Amd
- MLS area
- LN
- MLS #
- 247239256
Features
Interior features
- Breakfast Bar
- Recessed Lighting
- Wired for Data
Exterior features
- None
Additional details
- Parking
- Attached, Carport
- Garage spaces
- 0
- Roof
- Tar/Gravel
- Foundation
- Slab
- HOA
- $430 / monthly
- Annual tax
- $3,740
Location
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Schools
Assigned schools per the MLS.
- School district
- Lago Vista ISD
- Elementary
- Lago Vista
- Middle
- Lago Vista
- High
- Lago Vista
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Getting around
- Downtown Austin
- 19.8 mi
- Austin-Bergstrom Airport
- 26.4 mi
Straight-line distance, not drive time.
Market insights
Compared with 521 active homes in ZIP 78645 · HomeLocating listings
At $195,000, this home is priced 60% below the $489,000 median across 521 active homes in ZIP 78645.
Estimated monthly payment
Home price
$195,000
Down payment
20% ($39,000)
Loan details
30-yr fixed, 6.50%
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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.
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Listing courtesy of JPAR Round Rock · Nissa Lesage
Listing data last updated Oct 2, 2026, 11:46 PM
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