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$550,000

21201 Palomino Cv, Lago Vista, TX, 78645

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,052 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$268.03 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Microwave, Electric Oven, Plumbed For Ice Maker, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer, Electric Water Heater
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Lot Size14,850 sqft

Building Information

Year Built1984
Stories2
Roof Type112
Garage Spaces4

Land Information

APN0178780103
Lot Number1020
SubdivisionBar-K Ranches Plat 1
Land Use1 Family Dwelling
Legal DescriptionLOT 1020 BAR-K RANCHES PLAT 1
Census Tract037300
Assessed Land Value$55,697
Assessed Improvement Value$456,241
Assessment Year2025

About this property

Tucked at the end of a private cul-de-sac, this exceptional Hill Country retreat offers sweeping panoramic views of Lake Travis, elevated outdoor living, and a rare combination of amenities. Enjoy breathtaking scenery from the expansive deck overlooking the lake and rolling Hill Country—ideal for quiet mornings or sunset gatherings. The home offers approximately 2,052 square feet of living space plus a 1,000-square-foot finished basement, providing exceptional flexibility for a game room, home office, gym, or additional living area. With 4 bedrooms, 2 full bathrooms, and a half bath in the basement, the layout comfortably accommodates family and guests. At the center of the home is a beautifully remodeled kitchen featuring premium appliances, including a built-in Sub-Zero refrigerator and freezer, Bosch range and microwave, and high-end finishes throughout. A standout feature is the approximately 1,000sf insulated, air-conditioned workshop with its own half bath and a 500sf loft—ideal for hobbies, creative work, or professional use. Fully paid-off solar panels on the workshop help power the entire property, offering the potential for significantly reduced electric bills. Covered RV and boat parking, plus a rear driveway, provides ample space for vehicles, boats, and recreational equipment. The landscaped exterior is designed for Texas living, featuring a high-end swim spa for year-round relaxation or exercise. The exterior has been recently painted, and a durable metal roof adds long-term peace of mind. Located within the Lago Vista POA, residents enjoy access to nine waterfront parks, multiple boat ramps, two fitness centers, a swimming pool, pickleball, tennis and basketball courts, disc golf, golf, and more. With panoramic lake views, expanded living space, a rare workshop, solar efficiency, and resort-style amenities, this property delivers a truly elevated Hill Country lifestyle.

Investor Tools

$0Estimated Mortgage Balance
$39,096Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Mungia Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$836/month
$260/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$301,959
2025
$55,697
$456,241
$511,938
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$301,959

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$468,000
100%
0%
$0/mo

City: Lago Vista