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20206 Lee LN
About This Property
flat lot is ideally suited for a custom residence, offering an easy build site surrounded by picturesque trees and natural
Hill Country charm. With plenty of space to design your ideal layout, outdoor living areas, and more, this homesite
provides the perfect canvas to bring your vision to life. Located in the highly desirable community of Lago Vista,
property owners enjoy access to the exceptional Lago Vista POA amenities, including multiple private lakeside parks on
Lake Travis, boat ramps, fishing areas, a fitness center, campground, swimming pool, tennis courts, pickleball courts,
basketball courts, playgrounds, and scenic hiking trails. Golf enthusiasts will love being near the renowned Lago Vista
Golf Course. Beyond the amenities, Lago Vista offers a relaxed lakeside lifestyle with local favorites including the food
truck park, Starbucks, two grocery stores, unique local shopping, breweries, and Flat Creek Estate Winery & Vineyard
just a short drive away. Enjoy the perfect blend of peaceful Hill Country living with convenient access to everyday
essentials. Secure your slice of the Texas Hill Country and start building your future today!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 13, 2026 | Listed by Keller Williams Realty Lone St | $38,000 | |
| Listed by Keller Williams Realty Lone St | |||
| Jul 11, 2026 | No longer available | - | |
| No longer available | |||
| Feb 12, 2026 | Listed by Keller Williams Realty Lone St | $42,500 | |
| Listed by Keller Williams Realty Lone St | |||
| |||
|
Don’t miss this incredible opportunity to build your dream home in the heart of Lago Vista! This beautiful .2246-acre flat lot is ideally suited for a custom residence, offering an easy build site surrounded by picturesque trees and natural Hill Country charm. With plenty of space to design your ideal layout, outdoor living areas, and more, this homesite provides the perfect canvas to bring your vision to life.
Located in the highly desirable community of Lago Vista, property owners enjoy access to the exceptional Lago Vista POA amenities, including multiple private lakeside parks on Lake Travis, boat ramps, fishing areas, a fitness center, campground, swimming pool, tennis courts, pickleball courts, basketball courts, playgrounds, and scenic hiking trails. Golf enthusiasts will love being near the renowned Lago Vista Golf Course.
Beyond the amenities, Lago Vista offers a relaxed lakeside lifestyle with local favorites including the food truck park, Starbucks, two grocery stores, unique local shopping, breweries, and Flat Creek Estate Winery & Vineyard just a short drive away. Enjoy the perfect blend of peaceful Hill Country living with convenient access to everyday essentials.
Secure your slice of the Texas Hill Country and start building your future today!
| |||
| Dec 1, 2025 | No longer available | - | |
| No longer available | |||
| Aug 8, 2025 | Listed by Keller Williams Realty-RR WC | $49,000 | |
| Listed by Keller Williams Realty-RR WC | |||
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Don’t miss out on this one! Presenting a stunning flat lot, ideally suited for your dream residence! Surrounded by
picturesque trees, this .2246-acre parcel provides ample room for all your needs. Enjoy the numerous amenities
available in Lago Vista, including lakeside parks, a boat ramp, a golf course, and much more! Act fast, as this
opportunity won’t be available for long!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017