3001 PATRIOT DR
LAGO VISTA, TX 78645
List Price
$320,000
Initial Investment
$87,200Purchase Price
$320,000
Down Payment
25%
Rent
$2,370
Total Return
$163,633
Annualized Return
23.2%
Cap Rate
5.3%
Gross Yield
8.9%
Cash Flow
-$1,408
Appreciation
9.1%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
11,082
HOA
$17/mo
Flood Risk
Not Required
Welcome to 3001 Patriot Drive, nestled in the tranquil Highland Lake Estates subdivision. This charming home offers comfort and convenience, with recent upgrades and a prime location just steps away from Lake Travis and the Colorado River. Designed with a spacious layout, this home has 3 bedrooms and 2 bathrooms, recently replaced laminate flooring and interior paint. This home is situated on a generous lot just over a quarter of an acre. Other major upgrades include the recently replaced roof and HVAC system. Home also has a large shed for storing all your water toys and more. Enjoy being surrounded by the natural beauty and nature while watching deer relaxing throughout the neighborhood while sitting on the sizable porch or patio decks. Minutes from Lago Vista community amenities, boat ramps, pools, parks, playgrounds, sports courts and much more. This is a rare opportunity to own a home in the desirable Highland Lake Estates Subdivision near the lake. With its recent upgrades, prime location, and expansive lot size, this home is truly a gem waiting to be discovered.
See more in Analysis
Kevin Guerin
Guerin Property Services
TX Agent License #610683
Annual Financial Highlights
Expected Rent
$27,018Expenses
-$5,009Property Taxes
-$6,020Loan Payments
-$17,397Net Cash Flow
-$1,408See more in Financials
Property Characteristics
Buyer's Agent
An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
- You can contact your Agent with questions even before making an offer.
- A professional home inspection will be conducted prior to closing. This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor. As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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SourceAustin/Central Texas Real Estate Information Service (ACTRIS)
MLS #7040669
Last Updated: 03/22/2025 09:03
MLS #7040669
Last Updated: 03/22/2025 09:03