38
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20400 Bear RD
About This Property
Equipped with a solar energy system that generates surplus power, the home offers the advantage of receiving energy rebates from Pedernales. Located within the Lago Vista Property Owners Association, residents have access to a variety of amenities, including nine waterfront parks with boat ramps, a golf course, disc golf, pickleball courts, tennis courts, a swimming pool, two fitness centers, and numerous recreational activities to enjoy throughout the summer.
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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 |
|---|---|---|---|
| Feb 24, 2026 | In contract | - | |
| In contract | |||
| Feb 20, 2026 | Listed by Venture Partners R.E. | $329,999 | |
| Listed by Venture Partners R.E. | |||
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***SOLAR PANELS TO BE PAID OFF BY SELLER AT CLOSING!*** Low electricity bills! Priced to sell quickly! With an oversized backyard and a bonus flex room, this 3 bed / 2 bath home blends smart design with space that lives large, just minutes from the shores of Lake Travis. High ceilings and recessed lighting elevate the open-concept layout, while granite countertops, built-in stainless appliances, a cooktop, abundant storage cabinets, a generous kitchen island, and a designated pantry anchor the heart of the home with equal parts style and function. The primary suite claims its own wing of the house - positioned opposite the secondary bedrooms for real privacy - with an ensuite bath and a spacious walk-in closet that offers the room you want at the end of a long day. The oversized bonus room provides flexibility for a home office, gym, hobby studio, game room, media lounge, or even a 4th bedroom! In the backyard, this home continues to shine...featuring a flat and fully fenced yard that is ready for pets, play, Texas BBQs under starry hill country skies, an existing raised garden bed and shed, and even extra space to park your RV or boat. You truly won't believe the size of this yard! The stone exterior adds presence, added storm doors enhance efficiency, and hanging garage storage keeps everything lifted and organized. And don't forget the LOW electricity bills you'll rejoice in, with the included seller-paid solar panels! All of this - wrapped inside the lakeside community of Lago Vista, with access to 9 private Lake Travis waterfront parks, 4 boat ramps, 2 private gyms, 5 playgrounds, a fishing well, marina, golf course, disc golf, hiking paths, tennis, sand volleyball, pickleball, basketball, practice fields, campgrounds, pavilions, community pool, and more. Flexibility, function, efficiency, and backyard freedom in one package...positioned to move quickly - come make 20400 Bear Road yours!
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| Jul 24, 2025 | No longer available | - | |
| No longer available | |||
| May 6, 2025 | Price Decreased |
$365,000
↓ $15K
(4%) | |
| Price Decreased | |||
| Jan 30, 2025 | Price Decreased |
$379,999
↓ $10K
(2.6%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017