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$440,226

NAL Estimated Property Value

8303 Prairie Rye Dr, Lago Vista, TX, 78645

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,101 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$237.51 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Free-Standing Electric Range
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size6,181 sqft

Building Information

Year Built2019
Stories2
Roof Type105
Garage Spaces1

Land Information

APN01868311100000
Lot Number10
SubdivisionTessera On Lake Travis Phs 3a2
Land UseResidential
Legal DescriptionLOT 10 BLK E TESSERA ON LAKE TRAVIS PHS 3A2
Census Tract036400
Assessed Land Value$91,812
Assessed Improvement Value$348,414
Assessment Year2025

About this property

Beautiful and bright, like-new 3/2 open concept home in the 875-acre, Master-Planned Community of Tessara in lovely Lago Vista is the perfect place to call home! Beyond the entryway is the stunning, 2-story family room. The dining room is accented with an upgraded bay window while the kitchen boasts an upgraded and enlarged island. Also located on the lower level is the lovely Primary Suite with spacious walk-in closet and showcasing a spa-like shower with upgraded mud-set tile as well as upgraded bathroom bay window. Secondary bedrooms and full bath plus an impressive theatre room wired with 5.1 surround sound highlight the second level. While upstairs, be sure and notice the attractive and upgraded second level railing. Certainly don’t miss the covered back patio with backyard that overlooks a lush and sprawling greenbelt. You’ll love the perks of the Tessara Life: resort-style pool, playground, boat launch, Lakeside Beach, hike and bike trails, event pavilion and more… all with the breathtaking backdrop of Lake Travis. Life is good!

Investor Tools

Property Icon
$440,226
Estimated Property Value
$343,736Estimated Mortgage Balance
$97,135Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$805/month
$63/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,457
$440,226
2025
$91,812
$348,414
$440,226
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,457
$440,226

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometown Lenders Inc
Conventional
$375,000
No
First
Nov 16, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$343,736
$96,490
21%
78%
$2,249/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,170/mo
$2,312/mo
$-142/mo
5.9%

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.

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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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8303 Prairie Rye Dr | Property Details | No Agent List