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5918 Lago Vista WAY D33Lago Vista, TX 78645

For Sale

$210,000

Smart Buyer Rebate $1,300

One of Lago Vista’s best income-producing opportunities! This beautifully remodeled property features two separate units: a two-bedroom, two-bath residence typically rents for $1,600 per month and a studio that typically rents for $800 per month. Both units have been thoughtfully updated and feel virtually brand-new.

Enjoy an incredible rooftop terrace with panoramic Hill Country views—perfect for relaxing or entertaining. With an affordable entry point and strong rental income, this property offers excellent potential to offset the mortgage while generating positive cash flow. Short term rentals are not allowed which gives your long term tenants peace and quiet.

Located in The Overlook, residents enjoy access to a private community pool, plus Lago Vista POA amenities including nine waterfront parks, four boat ramps, fitness centers, pickleball, tennis and basketball courts, and endless opportunities for lake living. A rare combination of modern updates, income potential, and resort-style amenities!

Listed by Joe Hawes

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License #748689

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Venture Partners R.E.

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(951) 387-2770

Last updated September 15, 2026

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Source: ACTRIS #9359303

Listing Facts

  • TypeMulti-family
  • NeighborhoodLago Vista
  • Days on Prevu2
  • HOA/Maint. Fees$359/month
  • Taxes$3,640.96/year
  • Size1,444 sqft
  • Price per sqft$145

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Pets Allowed
  • Air Conditioning
  • Parking
  • Swimming Pool
  • Fitness Center

Location

Mortgage Calculator

Listing History

09/14/2026
Listed by Venture Partners R.E.
$210,000
  1. 09/14/2026$210,000
    Listed by Venture Partners R.E.

Property Details for 5918 Lago Vista WAY D33

Association

Amenities

  • Community Features: Airport/Runway, BBQ Pit/Grill, Dog Park, Fishing, Fitness Center, Golf, High Speed Internet, Lake, Library, Park, Pet Amenities, Picnic Area, Planned Social Activities, Playground, Pool, Sport Court(s)/Facility, Tennis Court(s)
  • Pets Allowed: Cats OK, Dogs OK

Fees

  • Association Fee: $359.00 Monthly
  • Association Fee Includes: Common Area Maintenance, Insurance, Trash, Water

General

  • Association Name: Overlook Villa North

Exterior

Construction

  • Property Condition: Resale
  • Roof: Rolled/Hot Mop
  • Window Features: See Remarks
  • Year Built: 1971
  • Construction Materials: Concrete
  • Exterior Features: See Remarks

Features

  • Direction Faces: NW
  • Patio And Porch Features: See Remarks, Terrace
  • View: Hill Country, Lake

Measurements

  • Lot Features: Back To Park/Greenbelt
  • Lot Size Acres: 0.02
  • Lot Size Area: 0
  • Lot Size Square Feet: 897

Financial

Taxes

  • Parcel Number: 01748006220000
  • Tax Annual Amount: $3,640.96
  • Tax Assessed Value: $170,878.00
  • Tax Year: 2026

Interior

Features

  • Appliances: Built-In Electric Range, Dishwasher, Microwave
  • Flooring: Vinyl
  • Interior Features: High Ceilings, French Doors, High Speed Internet, Kitchen Island, Multiple Living Areas, Open Floorplan, Primary Bedroom On Main

Measurements

  • Living Area: 1,444
  • Living Area Source: Public Records

Other

Environmental

  • Green Energy Efficient: See Remarks

Features

  • Accessibility Features: See Remarks

Location

  • Subdivision Name: Overlook Villa North
  • Tax Block: D
  • Tax Lot: 33

Parking

Parking

  • Attached Garage: Yes
  • Parking Features: Attached Carport
  • Parking Total: 2

Schools

Elementary School

  • Elementary School: Lago Vista
  • Elementary School District: Lago Vista ISD

High School

  • High School: Lago Vista
  • High School District: Lago Vista ISD

Middle or Junior School

  • Middle Or Junior School: Lago Vista
  • Middle Or Junior School District: Lago Vista ISD

Utilities

Equipment

  • Cooling: Central Air
  • Heating: Heat Pump
  • Other Equipment: See Remarks
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 5918 Lago Vista WAY D33.

What schools are nearby to 5918 Lago Vista WAY D33?

Nearby schools include the Lago Vista Elementary School, Lago Vista Middle School, and Lago Vista High School.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 5918 Lago Vista WAY D33.

What are the annual taxes for 5918 Lago Vista WAY D33?

Annual taxes for this multi-family home are estimated at $3,640.

How does 5918 Lago Vista WAY D33 compare to other multi-family homes in Lago Vista?

This multi-family home is listed 53% below the average price for multi-family homes in Lago Vista and has been on the market for 106 less days than the typical home in this area.

What building or home owners association is the multi-family home part of?

This multi-family home is part of the Overlook Villa North home owners association.

What is the square footage on this multi-family home?

According to the MLS, this listing is 1,444 sqft.

5918 Lago Vista WAY D33 is a -bedroom multi-family home for sale in Lago Vista TX 78645. Listed on Prevu for 2 days at $210,000. This property features 1,444 square feet of living space, located in Lago Vista. The median listing price for multi-family homes in this area is $467,450. Nearby schools include Lago Vista Elementary School, Lago Vista Middle School, and Lago Vista High School. The home offers private outdoor space, dishwasher, pets allowed, air conditioning, fitness center, parking, and swimming pool. Explore more multi-family home listings in Texas.

Based on information from ACTRIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.