








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Lago Vista at 3204 Mount Vernon Ave, Lago Vista, TX, 78645 priced at $425,000 converts $4,278/mo rent into $1,239/mo cash flow after a $2,080/mo obligation. Total monthly income equals $4,278/mo, and annual cash flow totals $14,871/yr on $140,888 invested. Return on cash invested prints 30.46% in year one, and rental yield reads 12.08% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 160.73% and total cumulative return in cash sums $226,445. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,278/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 2022
9,622 sqft lot
$N/A/sqft
$200 annually HOA
Neighborhood data shown for ZIP Code: 78645, Leander, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,635 (100%) |
| Owner Occupied HU | 6,007 (69.6%) |
| Renter Occupied HU | 944 (10.9%) |
| Vacant Housing Units | 1,684 (19.5%) |
| Median Home Value | $614,329 |
| Average Home Value | $720,474 |
Residential
8,108
Single Family
8,037
Multi-Family
71
Businesses
488
Date | Event | Price |
|---|---|---|
| 2025-06-07 | Listed for sale | $425,000 |
| 2025-03-09 | Listing removed | $475,000 |
| 2024-12-30 | Listed for sale | $475,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-07 | $6146.67 | -4.06% | $420,168 | -6.36% |
| 2023-06-07 | $6406.57 | 557.84% | $448,699 | 715.82% |
| 2022-06-07 | $973.88 | N/A | $55,000 | 266.67% |



Listed by: Joe Hawes • Venture Partners R.E.
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #1563557
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2025-06-07 08:51:18 PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#27)