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$322,000

NAL Estimated Property Value

3605 Red Bird Trl, Lago Vista, TX, 78645

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,079 Sq Ft
price_per_sqft$144.3 / sqft
Year BuiltBuilt in 1996

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Half 2Bathrooms Half 2
AppliancesDishwasher, Free Standing Range, Water Softener Owned, Self Cleaning Oven
FlooringCarpet, Tile

Exterior

Exterior FeaturesNone
Lot Size42,340 sqft

Building Information

Year Built1996
Stories1

Land Information

APN01587004010000
Lot Number94&95
SubdivisionLodge Acres Annex No 1
Land UseResidential
Legal DescriptionLOT 94&95 LODGE ACRES ANNEX NO 1
Census Tract037600
Assessed Land Value$143,119
Assessed Improvement Value$24,747
Assessment Year2025

About this property

3605 Red Bird Trl offers a rare opportunity to own nearly an acre of unrestricted land in Lago Vista. Sitting on a private corner lot, this 4 bedroom, 2 bathroom home combines privacy, flexibility, and convenience just minutes from Lake Travis. The home has been repainted inside and out in the past few years and features several updates throughout. Multiple sheds on the property provide plenty of storage or workspace, and the back portion of the lot has been cleared and is ready for a second dwelling, guest house, or workshop—making it ideal for multi-use, STR, or multigenerational setups. The home can be sold furnished or unfurnished, offering a turnkey option for those looking to move in quickly or start generating rental income right away. With no HOA and no restrictions, you're free to build, expand, or simply enjoy the space as it is. Whether you’re looking for a primary residence, weekend retreat, or investment property, this one checks the boxes. Located in the growing lakeside community of Lago Vista, residents enjoy easy access to Lake Travis for boating, fishing, and swimming, along with nearby Arkansas Bend Park for camping and outdoor recreation. The area is known for its scenic hill country views, relaxed lifestyle, and proximity to Austin—making it a popular spot for both full-time residents and vacationers alike. This is your chance to own a slice of the Hill Country with room to breathe and the freedom to make it your own.

Investor Tools

Property Icon
$322,000
Estimated Property Value
$226,590Estimated Mortgage Balance
$96,219Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,932 /month
Positive
Cash Flow Estimate:
$644 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$394/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,117
$167,866
2025
$143,119
$24,747
$167,866
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,117
$167,866

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$242,730
No
First
Aug 31, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$226,590
$95,410
29%
70%
$1,456/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: Lago Vista

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3605 Red Bird Trl | Property Details | No Agent List