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$498,860
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PLEASE NOTE: New revised pricing, please note the revised legal description reflecting the house with appx. .44 acres. Potential boundary lines for house and .44 acres marked w/ flags on the ground and in red-lined aerial view pictures. The property will be replatted and new surveys once a buyer is under contract & secured moving forward. Please disregard current fencing which will be removed with replat. The additional land is available for purchase separately once it’s replatted. Seller will consider owner financing with terms. (See MLS documents with potential terms) Enjoy beautiful views of Lake Travis and the Hill Country from the expansive front porch of this charming 1-story ranch-style home on appx half an acre in the heart of Lago Vista. With 3,499 sq. ft. of living space, this home offers 4 bdrms, 4 baths, 2 living areas, 2 dining areas, a game room/media room, office, and sunroom. The kitchen flows effortlessly into the living & dining areas, ideal for entertaining, features granite countertops, center island, custom cabinets and pantry with pull-out drawers & shelves, and double ovens. The living room showcases a brick fireplace, large windows providing views of the Lake & Hill Country, though the lake's current low levels limit the views. The spacious primary suite also enjoys scenic vistas, and the en-suite bath offers double vanities, granite countertops, and a separate tub and shower. This property is a perfect multi-generational or potential multifamily home. Recent updates include a new metal roof and two replaced A/C units. The home is located just a short walk from the lake and waterfront parks. This property also offers the potential for a short-term rental (STR). Lago Vista offers a wealth of amenities, including private waterfront parks, boat ramps, a pool, fitness centers, hiking trails, and pickleball. This home combines serene living with easy access to the city.
Property Type
Residential
Year Built
1983
Lot Size
0.44 acres
$/Sq Ft
$143
Listed by Compass RE Texas, LLC
Verified property facts
20632 Highland Lake Dr is listed at $498,860 with 4 bedrooms, 4 full bathrooms, 3,499 square feet, 0.44-acre lot.
20632 Highland Lake Dr is zoned for Lago Vista ISD with assigned schools: Lago Vista (6/10) (elementary), Lago Vista (6/10) (middle), Lago Vista (6/10) (high). School assignments should be verified directly with the district.
20632 Highland Lake Dr is a Residential built in 1983 featuring 4 bedrooms, 4 full bathrooms, 3,499 square feet, 0.44-acre lot.
20632 Highland Lake Dr is listed by Compass RE Texas, LLC. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using public records data reviewed as of Apr 25, 2026.
This page does not assume a mortgage rate or publish a monthly payment for 20632 Highland Lake Dr. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
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Property Details
1 record on file
Every recorded listing, sale, and lease at 20632 Highland Lake Dr, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-22.7% | — | $653,499 | — | — |
2024-3.6% | — | $845,470 | $103,125 | $613,364 |
2023+85.7% | — | $877,125 | $113,438 | $732,032 |
2022 | — | $472,295 | $113,438 | $763,687 |

Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($100K)
Adjustable assumption - not a lending recommendation.
$498,860
Luxury property intelligence
A sourced read on Highland Lake Estates Sec 18 pricing, timing, and property scale. No automated valuation claim.
List price
$498,860
Price per sqft
$143/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
$170.1K reduction
$669K original
Active inventory context
Ask for current inventory
Source: Public records and Keenan Group review as of Apr 25, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
As of Apr 25, 2026, 20632 Highland Lake Dr is offered at $498,860. The current MLS snapshot shows 248 active listings in 78645. Keenan Group has completed 6 verified transactions in 78645 within its 1,000+ completed transactions and $1B+ career volume across Austin.
20632 Highland Lake Dr was built in 1983 (43 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
5 events on record
Current Price
$498,860
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-22.7% | — | $653,499 | — | — |
2024-3.6% | — | $845,470 | $103,125 | $613,364 |
2023+85.7% | — | $877,125 | $113,438 | $732,032 |
2022 | — | $472,295 | $113,438 | $763,687 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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