5920 Lago Vista WAY # 23, Lago Vista TX 78645, Lago Vista, TX 78645
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!
Basic Property Information
<strong>Dwelling Size - </strong> 1,576 ft2
From Public Records
<strong>Year Built - </strong> 1971
<strong>Stories - </strong> Two
<strong>Foundation - </strong> Slab
<strong>Garage - </strong> 0
Additional Parking, Attached Carport, Covered
<strong>Roof - </strong> Membrane
<strong>Lot Size Acres - </strong> 0.0697
<strong>Waterfront Features - </strong> None
Bedrooms - 3
<strong>Main Level Bedrooms - </strong> 3
<strong>Bathrooms - </strong> 3
<strong>Full - </strong> 3
<strong>Half - </strong> 0
<strong>Living Rooms - </strong> 2
<strong>Dining Rooms - </strong> 1
<strong>Fireplaces - </strong> 0
<strong>Pool on Property- </strong> None
School District
<strong>School District - </strong> Lago Vista ISD
<strong>Elementary - </strong> Lago Vista
<strong>Middle - </strong> Lago Vista
<strong>Senior High - </strong> Lago Vista
Home Owners Association
<strong>Home Owners Association - </strong> Overlook Villas North & LVPOA
<strong>Fee - $</strong> 390
<strong>Frequency - </strong> Monthly
<strong>Includes - </strong> Common Area Maintenance, Maintenance Structure, Trash
Amenities and Features
Other Features
Built-in Features
Ceiling Fan(s)
Dryer
Electric Range
Electric Water Heater
Electrical Utility Available
Exterior Steps
Garage Attached
High Ceilings
Home Owners Association
Kitchen Island
Oven
Quartz Counters
Range
Refrigerator
See Remarks
Stainless Steel Appliance(s)
Washer
Utilities
Heating: Central Cooling: Central Air, Wall/Window Unit(s) Cable Available, Electricity Available, Water Connected
<strong>Community Features - </strong> Lake, Park, Pool, See Remarks
Walk Score
Based on information from the Austin Board of REALTORS® for the period 10/13/2026 through 10/13/2026. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.
This could be and investment with 2 units or live in one and rent the other, Condo is part ...
This could be and investment with 2 units or live in one and rent the other, Condo is part of the Lago Vista POA so has all the Parks and boat launches and adva ...