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$547,000
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Property Description
Rare Opportunity | Multi-Family Potential on 3 Treed Lots in Lago Vista Opportunity meets location at 21826 Tallahassee in Lago Vista! With almost 3000 SF nestled on three beautifully treed lots just a short walk from the shores of Lake Travis, this unique property offers incredible flexibility for homeowners, investors, or multi-generational living. The main level features a 3-bedroom, 2-bath layout with comfortable living spaces, multiple decks, and plenty of potential to make it your own. Downstairs, with its own private entrance, you'll find a separate 1-bedroom, 1-bath suite complete with a living area-perfect for guests, extended family, or income-producing rental potential. With three spacious, tree-covered lots, the property offers rare privacy, room to expand, and the peaceful Hill Country setting that makes life in Lago Vista so desirable. While the home could benefit from some updates and TLC, savvy buyers and investors will immediately recognize the value-add opportunity and potential for passive income in this flexible floorplan. THREE LOTS!! STR allowed and can sub-divide. Only 1 POA Fee. RV and boat parking also allowed. Lago Vista offers extraordinary amenities to its residents including multiple waterfront parks, boat ramp, courtesy dock, campground with options for tents and RV sites, fitness centers, marina, fishing well, swimming pool, tennis, pickle-ball, basketball, golf course, disc golf course, hiking trails and many meeting spaces. Whether you're looking for a primary residence with rental income, a weekend retreat near the lake, or your next investment property, this one is truly full of possibilities.
Full Property Details
Full Property Details for 21826 Tallahassee Ave
General
- Price: $547,000
- HOA FEE: $17/month
- HOA FEE FREQ.: Annually
- Taxes: $7,778 (2025)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 6453399
- Updated: 3/11/2026
- Added to Site: 142 day(s) ago
Interior
- Interior Features: Built-in Features, Ceiling Fan(s), Multiple Living Areas, Main Level Primary, Vaulted Ceiling(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning
- Appliances: Dryer, Dishwasher, Free-Standing Freezer, Disposal, Microwave, Refrigerator, Washer
- Flooring: Laminate, Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main: 3
Additional Information
- Shared Amenities: Golf, Lake, Park, Pool, Tennis Court(s), Trails/Paths
- Shared Pool: Yes
- Pool: Yes
- Private Pool: Yes
- Pool Description: Above Ground, Community
- Tennis: Yes
- Security/Safety: None
Exterior
- Exterior Features: Balcony
- Porch/Patio/Deck: Covered, Deck, Balcony
Parking
- Garage: Yes
- Garage Spaces: 2
- Carports: Yes
- Covered Spaces: 2
- Total Spaces: 6
- Parking Features: Attached Carport, Attached, Driveway, Garage, RV Access/Parking, Garage Faces Side
Location
- Area: LN
- County: Travis
- Subdivision: Highland Lake Estates
- Driving Directions: From FM 1431, turn onto Lohmans Ford. Go 3 mi turn right onto Boggy Ford. Then go 2.5 miles turn right onto Poe Cv, left onto Pershing Ave, then right onto American Dr. Turn left onto Patriot Dr. then left onto Tallahassee Ave. House is on your right - 21826 Tallahassee Ave.
- Direction Faces: South
School Information
- Elem School District: Lago Vista ISD
- Midd School District: Lago Vista ISD
- High School District: Lago Vista ISD
- Elementary School: Lago Vista
- Middle School: Lago Vista
- High School: Lago Vista
Community
- Association: Yes
- Assoc. Name: Lago Vista Property Owners Assoc
- Assoc. Fees Include: Maintenance Grounds
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Stone
- Roof: Composition
- Windows: Blinds, Drapes
- Stories/Levels: 2
- Square Feet: 2,949
- Sq. Ft. Source: Appraiser
- Living Area: 2,949 Sq. Ft.
- Year Built: 1985
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None, See Remarks
Lot Features
- Property View: Hills, Neighborhood, Trees/Woods
- Lot Size (Acres): 0.62
- Lot Size (Sq. Ft.): 27,007.2
- Fence: Yes
- Lot Features: Near Golf Course, Many Trees, Trees Medium Size
- Fencing (Description): Wrought Iron
Water Features
- Water Front Desc.: Lake Privileges
- Lake Front: Yes
Financial Considerations
- Association Fee: $200
- Assoc Fee Freq.: Annually
- Assessment Amount: $373,345
- Tax Amount: $7,778.32
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Survey
- Legal Description: LOT 28005-A RESUB LOTS 28004-28006 HIGHLAND LAKE ESTATES SEC 28
- Disclosures/Reports: None
- Property ID: 170461
- Lot Number: 28005
Listed by Compass RE Texas, LLC
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Schools
Schools serving 21826 Tallahassee Ave
School District:Lago Vista Independent School District
| Name | Grades | Distance |
|---|---|---|
Lago Vista Elementary School 20311 Dawn Drive, Lago Vista, TX 78645 | K-3 | 2.7 mi |
Lago Vista Intermediate School 20801 Fm 1431, Lago Vista, TX 78645 | 4-5 | 4 mi |
Lago Vista Middle School 8039 Bar K Ranch Road, Lago Vista, TX 78645 | 6-8 | 4 mi |
Lago Vista High School 5185 Lohman Ford Road, Lago Vista, TX 78645 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 21826 Tallahassee Ave
Date
Details
Price
Change
Source
2/05/2026
Price Reduced
$547,000
-0.45%
MLS
11/04/2025
Listed
$549,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 21826 Tallahassee Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,065
—
$373,345
10%
2024
$3,065
-22%
$339,405
-34%
2022
$3,934
—
$511,332
7%
2022
$3,934
-7%
$475,766
86%
2021
$4,232
-32%
$256,331
4%
2020
$6,238
-2%
$246,000
—
2020
$6,334
4%
$246,034
6%
2018
$6,119
24%
$232,701
10%
2016
$4,925
-9%
$211,274
10%
2017
$5,418
-4%
$192,067
-12%
2015
$5,664
23%
$217,442
25%
2014
$4,613
18%
$173,887
20%
2013
$3,898
—
$144,702
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 21826 Tallahassee Ave
21826 Tallahassee Avenue, Lago Vista, TX 78645 (MLS# 6453399) is a Single Family property with 4 bedrooms and 3 full bathrooms. 21826 Tallahassee Avenue is currently listed for $547,000 and was received on November 04, 2025. Want to learn more about 21826 Tallahassee Avenue? Do you have questions about finding other Single Family real estate for sale in Lago Vista? You can browse all Lago Vista real estate or contact a Coldwell Banker agent to request more information.

