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$225,643

NAL Estimated Property Value

5914 Lago Vista WAY C23, Leander, TX, 78645

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,728 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$101.27 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Refrigerator
FlooringVinyl

Exterior

Exterior FeaturesNone
Lot Size2,914 sqft

Building Information

Year Built1971
Stories2
Roof Type183
Garage Spaces2

Land Information

APN01748010170000
Lot Number23
SubdivisionOverlook Villa West Amended
Land UseTownhomes
Legal DescriptionUNT 23 BLD C OVERLOOK VILLA WEST AMENDED PLUS 3.333 % INT IN COM AREA
Census Tract037300
Assessed Land Value$60,000
Assessed Improvement Value$166,662
Assessment Year2024

About this property

Tenant upstairs and requires a 24 hour notice. Great opportunity for an investor or a buyer looking for a place to live with some extra rental income. Upstairs is the main unit with 2+ bedrooms and 2 baths. Kitchen has been updated with granite countertops and all appliances. Beautiful flooring thru out. Downstairs is an efficiency that has granite countertops and appliances (including a dishwasher), Walk in closet and full bath. Laundry room is downstairs and includes a washer and dryer. Laundry room is shared for both units. Large rooftop terrace to enjoy the beautiful hill country views. Legal description says C23, but actual unit number is E23. Both unites are metered (electric) separate. Condo fees vary month to month. $341 month plus pro-rata share of water/trash/sewer from city (based on usage).Access to Lago parks, and many more amenities!

Investor Tools

Property Icon
$225,643
Estimated Property Value
$121,386Estimated Mortgage Balance
$104,257Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,354 /month
Positive
Cash Flow Estimate:
$451 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$486/month
$341/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,701
$225,643
2024
$60,000
$166,662
$226,662
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,701
$225,643

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$123,750
No
First
Apr 30, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$121,386
$104,257
46%
54%
$742/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: Leander

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5914 Lago Vista WAY C23 | Property Details | No Agent List