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$249,000

20980 Waterside DR 40, Lago Vista, TX, 78645

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,540 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$161.69 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Exhaust Fan, Microwave, Oven, Range
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size7,954 sqft

Building Information

Year Built2002
Stories2
Roof Type105
Garage Spaces1

Land Information

APN01608804410000
Lot Number40
SubdivisionWaterside Oaks Condominium Amended
Land UseResidential
Legal DescriptionUNT 40 WATERSIDE OAKS CONDOMINIUM AMENDED PLUS 2.3255 % INT IN COM AREA
Census Tract037400
Assessed Land Value$23,866
Assessed Improvement Value$312,271
Assessment Year2025

About this property

Brand new HVAC installed! Welcome to this cozy, Lock & Leave condo in the gated Waterside community, ideal for a relaxed life near Lake Travis! Enjoy the spacious living room with its high ceilings, plenty of natural light, and a warm electric fireplace with a unique tile design and wooden mantel. The kitchen is practical and welcoming, featuring granite countertops, updated cabinet hardware, a modern sink and faucet, and efficient light fixtures, all set against gorgeous painted cabinets. The main bedroom is a comfortable space with its own balcony, providing a peaceful view. The adjoining bathroom has been updated with a barn door, a large walk-in shower, and large vanity. Living in Waterside means enjoying the outdoors with a pool, a grill area, and beautiful lawns with trees, plus special access to the lake. This condo is conveniently located near parking and comes with a one-car garage for added ease. The community is quiet and private, as short-term rentals are not allowed. Being part of Waterside Oaks COA and Lago Vista POA also means access to all the parks and facilities in Lago Vista, including lakefront areas, a campground, and extra pools. Life in Lago Vista includes being in a well-regarded school district, with local wineries, golf courses, marinas, and arts to explore. It's also just a short drive to downtown Austin and The Domain for work and more fun! For a small monthly fee, you can enjoy extra perks of the Lago Vista POA like access to nine private waterfront parks, sports courts, boat ramps, camping sites, disc golf, and fishing. This Lago Vista condo is perfect for a comfortable and peaceful lifestyle by the lake.

Investor Tools

$187,363Estimated Mortgage Balance
$148,774Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,017 /month
Positive
Cash Flow Estimate:
$672 /month

Interested in this property?

Danielle Babin

Keller Williams Realty-RR WC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$780/month
$325/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,682
$336,137
2025
$23,866
$312,271
$336,137
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,682
$336,137

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$200,000
No
First
Jan 26, 2023
Feb 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$187,363
$148,774
44%
56%
$1,200/mo

Learn About the Market: Opportunity in Texas

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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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20980 Waterside DR 40 | Property Details | No Agent List