3105 Constitution DR
About This Property
Discover the perfect canvas for your dream home in Lago Vista with this prime lot that comes with the advantage of partial architectural plans. The seller has thoughtfully initiated the design process, which includes floor plans, exterior elevations, and building sections adhering to the latest standards and ordinances. While not a complete set, these plans serve as an excellent starting point for you to tailor to your unique vision. A boundary tree & topographical survey, and a water and sewer utility connection estimate, are also available to guide your planning process. These valuable resources and partial architectural plans will be provided upon an accepted purchase contract.
As a property owner in Lago Vista, you'll have access to an array of incredible amenities provided by the Lago Vista Property Owners Association (POA). Enjoy ten waterfront parks, including Bar-K Park, which features playgrounds, picnic pavilions, a swimming pool, a tennis court, basketball court, pickle ball court, sand volleyball court, and boat ramp. The Marina Park offers 137 boat slips, picnic tables, a fishing well, and another boat ramp. Arrowhead Park boasts a disc golf course, while Cody Park, Hancock Park, and Emerald Ramp Park provide additional playgrounds, picnic areas, swim docks, and boat ramps. The Lago Vista POA also maintains a campground with tent sites, RV sites, shower houses, and a playground.
This lot presents a unique opportunity to build your dream home or investment property in a stunning location with incredible views and unparalleled access to Lake Travis and the Colorado River. Don't miss out on owning a piece of Lago Vista's prime real estate.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| May 8, 2024 | In contract | - | |
| In contract | |||
| Apr 22, 2024 | Listed by The Virtual Realty Group | $95,000 | |
| Listed by The Virtual Realty Group | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Lago Vista
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,800 /mo
- 3 Beds
- 2 Baths
- 1,389 ft²
$1,545 /mo
- 3 Beds
- 2 Baths
- 1,216 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017