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21006 Stone Cliff Drive
About This Property
Discover an incredible opportunity to create your dream home in the scenic Texas Hill Country! Situated on approximately 0.30 acres in the desirable Lago Vista community, this residential lot offers an inviting setting to bring your custom-home vision to life. Imagine waking up to the peaceful surroundings of the Hill Country, enjoying a round of golf at the nearby course, and spending your afternoons exploring beautiful Lake Travis.
Lago Vista is known for its exceptional outdoor lifestyle and resort-style recreational opportunities. The Lago Vista Property Owners Association offers an impressive collection of amenities, including nine waterfront parks, four boat ramps, marina facilities, a community swimming pool, tennis and pickleball courts, basketball courts, playgrounds, picnic areas, fishing opportunities, a campground, fitness facilities, and community gathering spaces. POA membership eligibility and amenity access vary by property, and certain amenities require additional fees.
Whether you envision a stunning modern residence, a luxurious Hill Country retreat, or a peaceful weekend escape, this property presents an exciting opportunity to explore the possibilities of building in an established lakeside community. Utilities are located in the surrounding area, adding to the appeal of this homesite.
Enjoy the charm and tranquility of Lago Vista while remaining within reach of Austin's shopping, dining, and entertainment. With golf, lake recreation, and the natural beauty of the Texas Hill Country nearby, this location offers a lifestyle that's hard to resist.
Don't just dream about the Hill Country lifestyle-explore the opportunity to make it your own!
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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 |
|---|---|---|---|
| Oct 27, 2026 | Listed by Serhant Texas, LLC | $59,900 | |
| Listed by Serhant Texas, LLC | |||
| Mar 22, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Jan 14, 2024 | Listed by Compass RE Texas, LLC | $65,000 | |
| Listed by Compass RE Texas, LLC | |||
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Come build your dream home! Situated with a picturesque view of the 10th fairway at Lago Vista Golf Course, this property boasts proximity to the clubhouse, grill, tennis courts, and Lake Travis. Ownership entails membership in LVPOA, providing access to lakefront parks, boat ramps, clubhouse, tennis courts, exercise facilities, and more. Revel in the tranquility of a secluded location surrounded by abundant wildlife, including deer. Close proximity to Lago Vista High School and Lago Vista Elementary.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017