Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View

$504,096

8119 Prairie Rye Dr, Lago Vista, TX, 78645

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,359 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$184.4 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesOven, Cooktop, Dishwasher, Disposal, Gas Cooktop, Microwave, Stainless Steel Appliance(s), Tankless Water Heater
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Lot Size8,255 sqft

Building Information

Year Built2021
Stories2
Roof Type105
Garage Spaces1

Land Information

APN01868305200000
Lot Number20
SubdivisionTessera On Lake Travis Phs 3a1
Land UseResidential
Legal DescriptionLOT 20 BLK B TESSERA ON LAKE TRAVIS PHS 3A1
Census Tract036400
Assessed Land Value$102,509
Assessed Improvement Value$401,587
Assessment Year2025

About this property

Welcome to 8119 Prairie Rye Drive, a modern retreat in the coveted Lakeside at Tessera on Lake Travis community. This spacious home sits on a generous 1/3-acre corner lot, offering enhanced privacy, ample yard space, and curb appeal. Step into your own outdoor oasis with a recently extended paver patio (updated July 2025), complete with a circular fire pit - perfect for evening gatherings under Texas' breathtaking sunsets. Inside, soaring high ceilings and expansive large windows flood the open-concept layout with natural light, creating an airy, inviting atmosphere. The main level features elegant tile flooring throughout, a gourmet kitchen boasting premium granite/quartz countertops, white shaker cabinets, a large island with pendant lighting, and top-of-the-line stainless appliances. Adjacent is a versatile downstairs room that serves as a dedicated office or could easily convert to a 4th bedroom. The primary living area seamlessly flows to the dining space, ideal for entertaining. Upstairs, discover a second living room, complete with fresh new carpet (installed October 2025) for cozy movie nights or playtime. The three bedrooms include a primary suite with spa-like en-suite bath, plus striking accent walls adding a touch of contemporary flair. With 2.5 baths total, energy-efficient windows and doors, and a tankless water heater, this home combines style, comfort, and low-maintenance living. Nestled in Lakeside at Tessera on Lake Travis, enjoy resort-style amenities including an infinity-edge pool with waterfall features and sun deck, clubhouse, sports courts, playground, park, miles of scenic hiking and biking trails, over a mile of private shoreline, a resident-only boat launch, and a private beach area. Proximity to Lake Travis means easy access to boating, fishing, and water adventures. This home's prime location, modern updates, and community perks make it a rare gem!

Investor Tools

Property Icon
$504,096
Estimated Property Value
$276,000Estimated Mortgage Balance
$179,150Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,025 /month
Positive
Cash Flow Estimate:
$1,008 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,036/month
$85/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,917
$504,096
2025
$102,509
$401,587
$504,096
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,917
$504,096

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Spring Eq Llc
Credit Line (Revolving) / Heloc
$50,000
No
First
Aug 25, 2025
Sep 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$399,560
$104,536
20%
79%
$2,415/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,170/mo
$2,500/mo
$-330/mo
5.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

8119 Prairie Rye Dr | Property Details | No Agent List