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$159,800

21808 Mockingbird/Falcon ST, Lago Vista, TX, 78645

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

21808 Mockingbird AND 21807 Falcon Lane (2 LOTS/FRONT=Mockingbird TO BACK=Falcon) (replat of Lot 7A (combining Lots 7 and 20 creating an oversized 0.56-acre homesite with dual street frontage on Falcon Lane and Mockingbird Street) this replatted double lot in Emerald Bend is ready for your custom Lake Travis retreat! This elevated 0.56-acre homesite offers dual street frontage adds flexible building orientation, and potential Lake Travis & Hill Country if you nail the final home placement and design (see building plans with the addition of a workshop/casita for a moneymaker STR as options). These building plans along with the replat will save you thousands! Custom architectural home plans, designed specifically for the property, are included with the sale and feature an optional casita layout. The sellers combined two separate lots into one oversized homesite for their planned forever home, but a change in circumstances shifted their plans, creating a unique opportunity for the next owner. The 722' contour line crosses the property, helping create a naturally elevated homesite that takes advantage of the surrounding views and terrain. Opportunities like this, oversized lots with included custom plans in Emerald Bend, rarely come available. Build with the builder of your choice and on your own timeline, with short-term rentals allowed in Lago Vista. Utilities are available through the City of Lago Vista. Plans will require final engineering and city permitting prior to construction. Located in a sought-after area of Lago Vista and zoned to acclaimed LVISD schools, residents enjoy easy access to Lake Travis, marinas, golf courses, wineries, waterfront parks, hiking trails, and local entertainment, all within commuting distance to Austin and The Domain. Ownership also includes access to Lago Vista POA amenities, including private waterfront parks, boat ramps, fitness center, pool, sports courts, playgrounds, campground, fishing areas, marinas, and more.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$959 /month
Positive
Cash Flow Estimate:
$320 /month

Interested in this property?

Monica Nelson

eXp Realty, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$250/month
5.947%

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: Lago Vista

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21808 Mockingbird/Falcon ST | Property Details | No Agent List