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$355,000

NAL Estimated Property Value

2005 American Dr, Lago Vista, TX, 78645

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,813 Sq Ft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size9,470 sqft

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces1

Land Information

APN01628802850000
Lot Number26031
SubdivisionHighland Lake Estates Sec 26 Amended
Land UseResidential
Legal DescriptionLOT 26031 HIGHLAND LAKE ESTATES SEC 26 AMENDED
Census Tract037400
Assessed Land Value$44,413
Assessed Improvement Value$334,069
Assessment Year2025

About this property

Buildable Lot. No restrictions on when or who to build with. Enjoy the incredible lake amenities with access to lake parks, boat ramps, parks, golf courses, gym, pool, fishing hole, and more! Buyer to verify utility information as this is subject to change with cityRestrictions: Yes

Investor Tools

Property Icon
$355,000
Estimated Property Value
$137,495Estimated Mortgage Balance
$217,505Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,130 /month
Positive
Cash Flow Estimate:
$710 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$304/month
$130/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,869
$244,300
2025
$44,413
$334,069
$378,482
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,869
$244,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$150,000
No
First
Dec 15, 2021
Jan 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$137,495
$222,505
61%
39%
$900/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,170/mo
$1,030/mo
+$1,140/mo
7.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lago Vista

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2005 American Dr | Property Details | No Agent List