Active · MLS# 5354590

20201 Park Strip St #A - B

Lago Vista, TX, 78645

$515,000

3 Beds · 2 Baths · 3,038 SF · $170/SF

Discover a unique opportunity to own a home in the growing Lago Vista community while having rental income from the adjoining residence help offset your monthly housing costs. Live in one side and let the rent from the other help pay your mortgage. This recently built duplex offers 3,022 total square feet, with two thoughtfully designed 1,511-square-foot residences—each featuring 3 bedrooms, 2 bathrooms, a private fenced yard, and its own garage and driveway. For an owner-occupant, this property offers a compelling alternative to a traditional single-family home: enjoy the privacy and feel of your own residence while collecting rent from the home next door. It’s an opportunity to reduce your effective monthly housing expense while building equity in the entire property. Each single-story residence features an open-concept living, dining, and kitchen area with recessed lighting and wood-look vinyl flooring. The kitchens are equipped with a cooktop, electric oven, dishwasher, microwave, refrigerator, and pantry. Each home also includes central heating and air conditioning, a dedicated laundry room with washer/dryer hookups, and a private fenced backyard ideal for relaxing, entertaining, or pets. Whether you're looking for a primary residence with built-in rental income, a multigenerational living arrangement with separate residences, or a long-term real estate investment, this property offers exceptional flexibility. Enjoy modern living in Lago Vista and access to the desirable Lake Travis lifestyle while owning a property designed to work for you financially. Why pay the full cost of homeownership yourself when the residence next door can help? Schedule a showing today and explore the possibilities of living in one side while putting the other side to work for you.

Property Details

Property type

See Remarks

Living area

3,038 sq ft

Bedrooms

3

Bathrooms

2 full

Year built

2023

Lot size

0.276 acres

Garage

2 spaces

Subdivision

Lago Vista Civic Center Add

County

Travis

HOA

$240 Annually

Annual taxes

$11,591

Schools

Elementary

Lago Vista

Middle

Lago Vista

High

Lago Vista

Features

Interior

Ceiling Fan(s) · Granite Counters · Kitchen Island · No Interior Steps · Open Floorplan · Pantry · Primary Bedroom on Main · Recessed Lighting · Storage · Walk-In Closet(s) · See Remarks

Exterior

Private Yard

Flooring

Carpet · Vinyl

Heating

Central · Electric

Cooling

Ceiling Fan(s) · Central Air

Views

None

Listing courtesy of Ryan Jackson, Ryan Jackson, Broker. Information is provided by Unlock MLS (Austin Board of Realtors) and is deemed reliable but not guaranteed. Adrian Salas is not the listing agent for this property unless otherwise stated.