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$149,603

NAL Estimated Property Value

5802 Circulo DR 2B, Lago Vista, TX, 78645

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths988 Sq Ft
price_per_sqft$191.3 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Range, Refrigerator
FlooringVinyl

Exterior

Exterior FeaturesSee Remarks
Lot Size2,914 sqft

Building Information

Year Built1971
Stories2
Roof Type183
Garage Spaces1

Land Information

APN0174801009
Lot Number2
SubdivisionOverlook Villa West Amended
Land UseTownhomes
Legal DescriptionUNT 2 BLD A OVERLOOK VILLA WEST AMENDED PLUS 3.333 % INT IN COM AREA
Census Tract037300
Assessed Land Value$60,000
Assessed Improvement Value$89,603
Assessment Year2025

About this property

Don't miss the opportunity to acquire this exquisite condominium in The Overlooks. This two-story residence boasts an expansive, open floor plan, featuring a tastefully designed living room and kitchen on the lower level. Ascend the spiral staircase to discover a versatile space, ideal for an office or second bedroom, leading to the luxurious primary bedroom complete with a stunning ensuite bathroom. Meticulously renovated throughout, this end unit offers enhanced privacy, complemented by a sliding door opening onto a serene grassy area, providing the ambiance of a spacious backyard. Nestled within the prestigious Lago Vista community, residents enjoy access to a plethora of amenities including golf courses, waterfront parks, tennis and basketball courts, as well as frisbee golf facilities, ensuring a lifestyle akin to perpetual vacation living.

Investor Tools

Property Icon
$149,603
Estimated Property Value
$143,156Estimated Mortgage Balance
$6,447Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,134 /month
Positive
Cash Flow Estimate:
$378 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$62/month
$372/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$149,603
2025
$60,000
$89,603
$149,603
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$149,603

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loanpeople Llc
Conventional
$145,500
No
First
May 20, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$143,156
$6,447
4%
96%
$873/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
$1,245/mo
+$195/mo
11.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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5802 Circulo DR 2B | Property Details | No Agent List