




$515,000
20201 Park Strip ST A - B, Lago Vista, TX, 78645
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About this property
Discover a unique opportunity to own a home in the growing Lago Vista community while enjoying the added benefit of rental income from the adjoining residence. This recently built duplex offers 3,022 total square feet, with two thoughtfully designed 1,511-square-foot residences—each featuring 3 bedrooms, 2 bathrooms, a private fenced yard, and its own garage and driveway. Perfect for an owner-occupant looking to live in one side while renting the other, the property provides the feel and privacy of a single-family home with the added advantage of income-producing potential. Each single-story residence features an open-concept living, dining, and kitchen area with recessed lighting and wood-look vinyl flooring. The kitchens are equipped with a cooktop, electric oven, dishwasher, microwave, refrigerator, and pantry. Each home also includes central heating and air conditioning, a dedicated laundry room with washer/dryer hookups, and a private fenced backyard ideal for relaxing, entertaining, or pets. Whether you're looking for a primary residence with the potential to offset your monthly housing costs, a multigenerational living arrangement with separate residences, or a long-term real estate investment, this property offers exceptional flexibility. Enjoy modern living in Lago Vista along with access to the desirable Lake Travis lifestyle—all while owning a property that can provide income from your own backyard. Schedule a showing today and explore the possibilities of making one side your home while putting the other side to work for you.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Lago Vista
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