This home is no longer an active listing on the MLS. It may have sold, been withdrawn, or had its listing expire — we don’t have confirmed sold data, so we won’t guess. The price below is the last listed price, kept for reference only.
5920 Lago Vista WAY #C-23, Lago Vista TX 78645
MLS #246038957 · Agent Realty · Alma Silbert
About this home
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 details
- Property type
- Residential · Condominium
- Status
- Active
- Year built
- 1971
- Full baths
- 3
- Lot size
- 0.0697
- Subdivision
- Overlook Villa North
- MLS area
- LN
- MLS #
- 246038957
Features
Interior features
- Built-in Features
- Ceiling Fan(s)
- High Ceilings
- Quartz Counters
- Kitchen Island
Exterior features
- Exterior Steps
- See Remarks
Additional details
- Parking
- Additional Parking, Attached Carport, Covered
- Garage spaces
- 0
- Roof
- Membrane
- Foundation
- Slab
- HOA
- $390 / monthly
- Annual tax
- $3,806
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
Market insights
Compared with 526 active homes in ZIP 78645 · HomeLocating listings
At $240,000, this home is priced 51% below the $489,925 median across 526 active homes in ZIP 78645.
Estimated monthly payment
Home price
$240,000
Down payment
20% ($48,000)
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 Agent Realty · Alma Silbert
Listing data last updated Sep 2, 2026, 1:16 PM
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