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$552,854

21020 Nimitz Ave, Lago Vista, TX, 78645

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,836 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$353.98 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

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

Exterior

Lot Size30,279 sqft

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces7

Land Information

APN01648807540000
Lot Number32056A
SubdivisionHighland Lake Estates Sec 32 Amd Plat Of
Land UseResidential
Legal DescriptionLOT 32056A HIGHLAND LAKE ESTATES SEC 32 AMD PLAT OF LOTS 32055 & 32056A
Census Tract037400
Assessed Land Value$68,820
Assessed Improvement Value$484,034
Assessment Year2025

About this property

Do you have an RV, Motor home, or Boat & enjoy the evening listening to a stream & waterfall?This 3 BR, 2 BA, 1836 sq ft home on 3/4 ac is enclosed by iron fence is perfect! Wildflowers abound w/Hibiscus, Bradford Pear, beautiful Oaks & more.A succulent garden beside a Gazebo w/walkways to a 1,000 sq ft hobby room/office + woodworking shop. The shop has two 8' garage doors. The hobby room/office has a window unit for this separate space which has a front door entry. The woodworking shop has lots of bench space & a large-capacity air compressor conveys. The 3rd building is a 30'W x 50'L x 15'H fully insulated metal building w/a a limestone front. It is wired for a 50 amp RV hookup & has many electrical outlets. A separate driveway provides entrance through a 12'W x 14'H automatic roll-up door. The many plants & trees on the property are protected from the deer by a black decorative iron fence w/4 lockable gates. There are multiple irrigation zones. Near the Gazebo, there is a gently flowing stream powered by a timed pump & waterfall dropping into a pool approximately 12' in diameter x 2' deep with lily pads. A limestone wall of approximately 18"H separates the two-tiered yard & provides a ledge for potted plants to be enjoyed from the Pergola-covered terracotta tiled back patio. Hummers & a wide variety of birds frequent the backyard. The open kitchen has countertops of man-made stone w/tile backsplash & a small central island. A large floor-to-ceiling limestone-faced fireplace insert has a custom cedar mantle. The house has 3 BR w/engineered hardwood floors, 2 BA & ½ bath in the shop. The large master BR has an en suite w/a large walk-in travertine tiled shower, a walk-in closet & 2 sinks w/marble countertops. The 2nd BR features a small walk-in closet & lots of natural light. The third BR is currently an office & has a Queen Murphy bed which conveys. This corner lot property is truly unique & offers just about everything for a family who enjoys an active lifestyle.

Investor Tools

Property Icon
$552,854
Estimated Property Value
$640,000Estimated Mortgage Balance
$0Estimated Equity
-16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,899 /month
Positive
Cash Flow Estimate:
$1,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$903/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$552,854
2025
$68,820
$484,034
$552,854
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$552,854

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amerifirst Financial Inc
Va
$640,000
Yes
First
Sep 2, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$597,443
N/A
0%
108%
$3,838/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.

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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: Lago Vista

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21020 Nimitz Ave | Property Details | No Agent List