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$324,000

5505 Thunderbird, Lago Vista, TX, 78645

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,914 Sq Ft
DuplexDuplex
price_per_sqft$208.46 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Oven, Range, Free-Standing Electric Range, Refrigerator, Electric Water Heater
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size11,461 sqft

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces2

Land Information

APN01727802010000
Lot Number523
SubdivisionLago Vista Travis Plaza
Land UseResidential
Legal DescriptionLOT 523 LAGO VISTA TRAVIS PLAZA & ABS 2631 SUR 100 SWISHER M A ACR .0201
Census Tract037300
Assessed Land Value$53,815
Assessed Improvement Value$245,695
Assessment Year2025

About this property

Welcome to 5505 Thunderbird, a duplex in the heart of Lago Vista. Great investment opportunity! Both units are currently leased. Each unit has 3 bedrooms, 2 bathrooms, a wood burning fireplace and a 1 car garage. No carpet, and private, fenced backyards. Roof was just replaced. HVAC units replaced in 2014 and 2016, and dishwashers replaced within 2 years. As a Lago Vista POA member, owners have access to so many amenities for just $200/year! Besides the private parks, there are 4 members-only boat ramps, a pool, fitness center, fishing well, marina, tennis courts, pickleball courts and so much more!

Investor Tools

Property Icon
$324,000
Estimated Property Value
$0Estimated Mortgage Balance
$324,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$763/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,537
$299,510
2025
$53,815
$245,695
$299,510
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,537
$299,510

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$348,000
100%
0%
$0/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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5505 Thunderbird | Property Details | No Agent List