2 bed, 3 bath, 1,526 sqft on 0.07 acres in Lago Vista. Lago Vista, TX 78645. $195,000. Lago Vista ISD.
About This Home
Welcome to this beautifully renovated three-level condo in The Overlooks of Lago Vista, where flexible living meets laid-back Hill Country charm. With two separate living units under one taxing entity, this unique property offers endless possibilities for homeowners, investors, or anyone dreaming of a home that can help pay for itself.
The lower-level studio has a private entrance, living area, divider-defined sleeping space, full kitchen with bar seating, and full bathroom. It is currently rented month-to-month for $1,050. Renter can be out in 30 days, OR you can extend the lease term.
The upper residence offers two bedrooms, two full bathrooms, spacious living and dining areas, and a full kitchen. Standout features include a suspended fireplace, renovated kitchen, dual closets in the primary bedroom, and updated bathrooms. Full of character and natural light, this inviting space feels equally suited for quiet mornings at home or evenings spent entertaining.
The third-story open terrace is finished with artificial turf and deck tiles, creating a private escape above it all. Sip your morning coffee, unwind with a glass of wine, or take in the beautiful Hill Country and Lago Vista views as the sun goes down.
For a cash buyer, the existing $1,050 monthly studio rent could potentially cover the property’s monthly overhead, allowing the owner to live upstairs without a mortgage payment. The upper unit may also have rental potential of approximately $1,400–$1,600 per month, creating an opportunity for considerable income when both units are rented.
The community HOA is $341 a month PLUS WATER, SEWER AND TRASH - approximately $425–$475 per month with normal usage. This HOA is separate from the Lago Vista Property Owners Association. Buyers may check with LVPOA regarding the availability of a public park and recreation pass.
- Property Type
- Residential
- Year Built
- 1971
- Lot Size
- 0.07 acres
- Price / Sq Ft
- $128
- HOA
- $430/mo
Listing information last updated September 19, 2026.
Listed by JPAR Round Rock
MLS# 7266258 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Breakfast Bar
- Recessed Lighting
- Wired for Data
- Electric Range
- Freezer
- Free-Standing Electric Oven
- Free-Standing Refrigerator
- Washer
- Dryer Stacked
- Tile
- Vinyl
- Heating
- Electric
- Cooling
- Electric,Wall/Window Unit(s)
Exterior & Lot
- Stucco
- Curbs
- Trees-Medium (20 Ft - 40 Ft)
- Slab
- Deck
- Front Porch
- Roof
- Tar/Gravel
- Lot Size
- 0.07 Acres
- Attached
- Carport
Financial
- HOA Fee
- $430 / mo
- Original List Price
- $195,000
- Price per Sq Ft
- $128
Utilities
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 5802 Circulo DR Unit #4D, whoever represented it.
- ActiveListed 2026Current price: $195,000Original list: $195,000MLS 7266258
- Listed · September 18, 2026$195,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listed with current price, original ask, and market time.
- Current list
- $195,000
- Original list
- $195,000
- Price movement
- No verified reduction
- Listed / DOM
- Sep 18, 2026 · 33 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $175,838
- Assessment Year
- 2025
- Year Built
- 1971
- Parcel ID
- 000000178034
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-14.9% | — | $175,838 | $60,000 | $115,838 |
2024-3.0% | — | $206,704 | $60,000 | $192,491 |
2023+54.1% | — | $213,038 | $60,000 | $159,898 |
2022+29.5% | — | $138,290 | $60,000 | $153,038 |
2021 | — | $106,808 | $18,000 | $120,290 |
Zoned Schools
Lago Vista
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.
Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-10-17T16:07:12.116+00:00; normalized from monthly dues.
20% ($39K)
Adjustable assumption - not a lending recommendation.
$195,000
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Keenan Market Position
A sourced read on Lago Vista pricing, timing, and property scale. No automated valuation claim.
List price
$195,000
Price per sqft
$128/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
33 days
Original to current
No verified reduction
$195K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 17, 2026.
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