20201 Park Strip St, Lago Vista, Texas

$515,000
Active
20201 Park Strip St, Lago Vista, Texas
20201 Park Strip St, Lago Vista, Texas
20201 Park Strip St, Lago Vista, Texas
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Property Details

MLS ID: ACT5354590
Status: Active
Price: $515,000
Acres: 0.28±
Type: Residential
Address: 20201 Park Strip St
City, State: Lago Vista, TX
County: Travis County
ZIP Code: 78645
Parcel Number: 0172760402
Bedrooms: 3
Bathrooms: 2
SqFt: 3,038
Year Built: 2023

Description

Discover a unique opportunity to own a home in the growing Lago Vista community while having rental income from the adjoining residence help offset your monthly housing costs. Live in one side and let the rent from the other help pay your mortgage. This recently built duplex offers 3,022 total square feet, with two thoughtfully designed 1,511-square-foot residences—each featuring 3 bedrooms, 2 bathrooms, a private fenced yard, and its own garage and driveway.

For an owner-occupant, this property offers a compelling alternative to a traditional single-family home: enjoy the privacy and feel of your own residence while collecting rent from the home next door. It’s an opportunity to reduce your effective monthly housing expense while building equity in the entire property.

Each single-story residence features an open-concept living, dining, and kitchen area with recessed lighting and wood-look vinyl flooring. The kitchens are equipped with a cooktop, electric oven, dishwasher, microwave, refrigerator, and pantry. Each home also includes central heating and air conditioning, a dedicated laundry room with washer/dryer hookups, and a private fenced backyard ideal for relaxing, entertaining, or pets.

Whether you're looking for a primary residence with built-in rental income, a multigenerational living arrangement with separate residences, or a long-term real estate investment, this property offers exceptional flexibility. Enjoy modern living in Lago Vista and access to the desirable Lake Travis lifestyle while owning a property designed to work for you financially.

Why pay the full cost of homeownership yourself when the residence next door can help? Schedule a showing today and explore the possibilities of living in one side while putting the other side to work for you.

Directions: Turn off FM1431 onto Lohman Ford - drive 1.7m and turn right on Park Strip ST (just before gas station) - duplexes on left

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Listed By: Ryan Jackson of Ryan Jackson, Broker - (512) 623-0155