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$503,000

203 Palazza Alto DR, Lakeway, TX, 78734

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Exterior FeaturesNone
Lot Size1.00 acres

Land Information

APN0139680907
Lot Number54
SubdivisionBella Montagna Estates (Formerly Round M
Land UseVacant Residential Lot
Legal DescriptionLOT 54 BELLA MONTAGNA ESTATES (FORMERLY ROUND MOUNTAIN ESTATES 2)
Census Tract033600
Assessed Land Value$480,000
Assessment Year2025

About this property

Welcome to Bella Montagna, a high-end gated community of Lakeway. Build on 1+ acre and enjoy majestic Hill Country and water views, with the highly preferred north south orientation. Excellent location close to; highly-rated Lake Travis schools, parks, greenbelts, pools, golf, tennis, pickleball, retail, marinas, and pools. This lot has everything you need. It's private, but also in an intimate 84 lot neighborhood so you will have that community feel and you'll enjoy getting to know your new neighbors. Bella Montagna has custom-built and designed homes featuring stunning hill country views. . Choose your custom builder with no timeframe to build. Low tax rate of approximately 1.75%. Owner has working plans and are available to view upon request.

Investor Tools

Property Icon
$503,000
Estimated Property Value
$0Estimated Mortgage Balance
$147,412Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,174 /month
Positive
Cash Flow Estimate:
$1,058 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$210/month
$1,440/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$480,000
2025
$480,000
N/A
$480,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$480,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of Bastrop
Arm (Adjustable Rate Mortgage)
$360,000
No
First
Feb 24, 2025
Feb 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$355,588
$147,412
29%
71%
$2,451/mo

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.

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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: Lakeway

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