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20000 COLONIAL LN
About This Property
The lot features underground utilities, helping maintain the natural beauty of the area while making it easier to plan your future build. Whether you're ready to build now or invest for the future, this lot offers a great opportunity to own property in the growing Lago Vista community.
You'll enjoy private lake access as a Lago Vista POA member for just $240/year. Membership includes access to multiple waterfront parks, a pool, fitness center, fishing well, tennis courts, pickleball courts, and more, giving residents plenty of ways to enjoy the lake lifestyle year-round.
Beyond the lake, Lago Vista offers many nearby attractions including a winery, brewery, the Lago Vista Golf Course, disc golf, local restaurants, performing arts, and scenic hiking trails in a national wildlife refuge. Despite the peaceful Hill Country setting, you're still just 30 minutes to Cedar Park and less than an hour to downtown Austin.
Don't miss this opportunity to build your custom home and enjoy everything the Lake Travis and Lago Vista lifestyle has to offer.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 19, 2026 | In contract | - | |
| In contract | |||
| Jun 5, 2026 | Price Decreased |
$35,000
↓ $25K
(41.7%) | |
| Price Decreased | |||
| Mar 17, 2026 | Listed by Keller Williams Realty | $60,000 | |
| Listed by Keller Williams Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017