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21703 Pope DR
About This Property
Located just minutes from Lake Travis and several waterfront parks, 21703 Pope Drive gives you access to the best of the Lago Vista lifestyle - boating, fishing, hiking, and year-round recreation. Residents of Highland Lake Estates enjoy membership in the Lago Vista Property Owners Association, which offers exclusive amenities including private lakefront parks, boat ramps, tennis courts, fitness center, and a lakeside pool.
Water and sewer are available through the City of Lago Vista (buyer to verify), and the property is conveniently close to schools, shopping, and restaurants while maintaining that quiet, small-town feel. Zoned to highly rated Lago Vista ISD, this homesite offers both natural beauty and community charm.
Whether you're building your forever home or a weekend getaway, this lot offers a rare opportunity to create something special in one of the Texas Hill Country's most desirable lake communities.
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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 |
|---|---|---|---|
| Sep 15, 2026 | No longer available | - | |
| No longer available | |||
| Mar 13, 2026 | Price Decreased |
$34,000
↓ $5K
(11.7%) | |
| Price Decreased | |||
| Oct 7, 2025 | Listed by Kuper Sotheby's Int'l Realty N | $38,500 | |
| Listed by Kuper Sotheby's Int'l Realty N | |||
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About Highland Lake Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017