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$607,729

NAL Estimated Property Value

7316 Tessera Pkwy, Lago Vista, TX, 78645

$670,486 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,950 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$220.34 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesOven, Built-In Gas Range, Dishwasher, Disposal, Exhaust Fan, Microwave, Stainless Steel Appliance(s)
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting, Private Yard
Lot Size15,259 sqft

Building Information

Year Built2016
Stories1
Roof Type105
Garage Spaces4

Land Information

APN01828304270000
Lot Number22R
SubdivisionTessera On Lake Travis Phs 1a Lts 1r-23r
Land UseResidential
Legal DescriptionLOT 22R BLK J TESSERA ON LAKE TRAVIS PHS 1A LTS 1R-23R BLK J
Census Tract036400
Assessed Land Value$137,892
Assessed Improvement Value$469,837
Assessment Year2025

About this property

Welcome to year-round vacation living at 7316 Tessera Parkway! Nestled near the end of Tessera Pkwy, this gorgeous 4 bedroom, 3 full bath home offers a desirable location a stone’s throw from the Lakeside Tessera on Lake Travis amenities with lake access! The home’s 4-car garage gives you all the space you need for storing your vehicles and water toys! The expansive layout showcases numerous living and dining spaces including a separate den, a gorgeous chef’s kitchen with built-in appliances and a large island, a dedicated home office, and an open design that beckons for entertaining! The primary suite provides the owners with a true retreat tucked at the rear of the home for ideal separation. The ensuite bath embraces a spa-like design with a large walk-in shower that overlooks the soaking tub. An abundance of storage space is offered with an elongated dual vanity and two walk-in closets. The home was thoughtfully constructed for seamless indoor and outdoor entertaining. Incredibly well-designed landscaping creates a raised platform for breathtaking views of the Hill Country and Lake Travis from the backyard. With over a 1/3- acre lot, the backyard offers a large section of lush grass perfect for creating your dream outdoor retreat or a pool addition if desired. The community offers access to award-winning Lake Travis schools, a desirable small-town vibe while remaining near everyday conveniences, and unprecedented amenities a few houses down the road from this home. Residents of the community enjoy tranquil hike/bike trails that meander along the water, an infinity pool, lake access for swimming, fishing, water/jet skis and boat dock access, a children's playground, an event pavilion, and volleyball. Enjoy lakeside living at its finest with this prime Lakeside at Tessera location!

Investor Tools

Property Icon
$607,729
Estimated Property Value
$360,534Estimated Mortgage Balance
$247,765Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$670,486
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$993/month
$88/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$607,729
2025
$137,892
$469,837
$607,729
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$607,729

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$371,000
No
First
Sep 10, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$360,534
$247,195
40%
59%
$2,225/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,170/mo
$2,314/mo
$-144/mo
4.3%

City: Lago Vista

7316 Tessera Pkwy | Property Details | No Agent List