5802 Circulo Dr Unit 4D, Lago Vista, TX 78645

$195,000
2
BD
3
BA
1,526
SqFt

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List Price
$195,000
Status
ACTIVE
MLS#
7266258
Days on Market
0
Bedrooms
2
Bathrooms
3
Living Area
1,526
Lot Size
2,914
Area
Northwest Travis Co.
Unit
4D

Property Description

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.

Additional Information

Taxes
$3,740
Tax Year
2026
HOA Name
Overlook Villa West
Year Built
1971
Parking Spaces
2
Exterior Features
None
Interior Features
Breakfast Bar, Recessed Lighting, Wired for Data
Roof
Tar/Gravel
Appliances
Electric Range, Freezer, Free-Standing Electric Oven, Free-Standing Refrigerator, Washer/Dryer Stacked
Construction
Stucco
Region
Northwest Travis Co.
School District
Lago Vista ISD
Elementary School
Lago Vista
High School
Lago Vista
Middle School
Lago Vista
Sewer
Public Sewer
Stories
1
Street Name
Circulo Dr
Street Number
5802
Neighborhood
Overlook Villa West Amd
Unit
4D
Water
Public
Guest Accommodations
Separate Living Quarters
Acres
0.07
County
Travis
Floor
Tile, Vinyl
Heating
Electric
Lot Description
Curbs, Trees-Medium (20 Ft - 40 Ft)

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Listing courtesy of JPAR Round Rock. Contact: (800) 683-5651

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