5918 Lago Vista WAY #D33, Lago Vista, TX 78645 (MLS # 9359303)
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One of Lago Vista's best income-producing opportunities! This beautifully remodeled property features two separate units: a two-bedroom, two-bath residence typically rents for $1,600 per month and a studio that typically rents for $800 per month. Both units have been thoughtfully updated and feel virtually brand-new. Enjoy an incredible rooftop terrace with panoramic Hill Country views"”perfect for relaxing or entertaining. With an affordable entry point and strong rental income, this property offers excellent potential to offset the mortgage while generating positive cash flow. Short term rentals are not allowed which gives your long term tenants peace and quiet. Located in The Overlook, residents enjoy access to a private community pool, plus Lago Vista POA amenities including nine waterfront parks, four boat ramps, fitness centers, pickleball, tennis and basketball courts, and endless opportunities for lake living. A rare combination of modern updates, income potential, and resort-style amenities!
| LAST UPDATED | 9/14/2026 | TRACT | Overlook Villa North |
|---|---|---|---|
| YEAR BUILT | 1971 | COMMUNITY | Overlook Villa North |
| COUNTY | Travis | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Lago Vista |
|---|---|
| Jr. High School | Lago Vista |
| High School | Lago Vista |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Insurance, Trash, Water |
| APPLIANCES | Built-In Electric Range, Dishwasher, Microwave |
| AREA | LN |
| CONSTRUCTION | Concrete |
| HEAT | Heat Pump |
| HOA DUES | 359|Monthly |
| INTERIOR | High Speed Internet, Kitchen Island, Master Downstairs, Open Floorplan |
| LOT | 897 sq ft |
| LOT DESCRIPTION | Greenbelt |
| PARKING | Attached Carport |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Overlook Villa North |
| TAXES | 3640.96 |
| UTILITIES | Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Lake |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Property listed by Joe Hawes, Venture Partners R.E.
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 9/18/26 8:57 AM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2026.