20
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20602 Falcon
About This Property
Step inside to find a thoughtful floor plan with spacious living areas, modern finishes, and abundant natural light. The custom back deck creates a seamless flow to the outdoors-ideal for entertaining, relaxing, or simply enjoying the Texas Hill Country setting.
Living here means access to incredible community amenities, including Lake Travis waterfront parks, public parks, community pools, and trails, plus quick access to shopping, dining, and a short drive into Austin.
This home truly combines everyday convenience with the resort-style lifestyle Lago Vista is known for.
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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 |
|---|---|---|---|
| Sep 24, 2025 | In contract | - | |
| In contract | |||
| Sep 12, 2025 | Delisted | - | |
| Delisted | |||
| Sep 12, 2025 | Listed by Horseshoe Bay Living 2, LLC | $310,000 | |
| Listed by Horseshoe Bay Living 2, LLC | |||
| Sep 7, 2025 | In contract | - | |
| In contract | |||
| Aug 3, 2025 | Price Decreased |
$349,000
↓ $6K
(1.7%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017