Selected for the Terner Labs Housing Venture Lab

5918 Lago Vista Way #D33, Lago Vista, TX 78645

Active
Listed 59 days ago
Owner-Occupant Eligible
$200,000

About $1,080 a month to live here, after the rent from the other home.

Duplex1,444 sqft2 beds3 bathsListed Sep 14, 2026

A duplex. Live in one home and rent out the other. How it works

Live here for about

$1,080a month

The other home rents for $800. We hold back $144 of that for repairs and an empty month, and the rest goes toward a $1,736 monthly payment.

Income to qualify: about $31,000 a year

With how much down?

At 20% down ($40,000) and 5.6%, 30-year fixed. Your rate and down payment change this.

Get rich slow: keep this loan ten years and the payments pay off about $28,000 of it. See the ten-year math

See which homes fit your numbers
How we work this out

The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.

$7,000 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

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!

Duplex

Property Type

897 sqft

Lot Size

1971

Year Built

Listing Date: 09/14/2026

Listed by: Joe Hawes

Listing office: eXp Realty, LLC

Contact: (951) 387-2770

Source: Unlock MLS #ACT9359303

Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.

CHOOSE YOUR UNIT

Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.

If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.

CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.

OFFER PRICE

Change your offer and watch the monthly cost move.

Purchase Price

-15%
$200,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$200,000
Your Down Payment$40,000
Financed$160,000
Estimated Monthly Payment$1,736

Before rent: principal and interest at 5.6% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.

MONTHLY BREAKDOWN

Estimate at 20% down ($40,000) and 5.6%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$1,736/month
Principal + Interest
$919
Property Taxes
$219
Home Insurance
$239
HOA$359
Rental Income (1 Unit)
$800/month

From the listing description.

Rental Expenses
-$144
Cost to live here
$1,080/month

Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.

BEFORE YOU OFFER

Now run it on your paycheck.

This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.

Free. No credit pull.

Unlock MLS logo

MLS# ACT9359303 · Listing office: eXp Realty, LLC

Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.