Real Estate Investing in Lago Vista, Texas (78645)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 78645 (Lago Vista, TX)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 14.1% of homes vacant — above national norms.
- Declining values: -0.2% 5-year CAGR — values have moved lower.
What’s happening in Lago Vista, TX (78645)?
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Market Analysis: 78645 Lago Vista
Investors eyeing 78645 need to respect the fundamentals at play. Home values of $424K come alongside slower price movement and elevated management overhead.
The investment case in 78645 is significant only for operators who understand what they are buying. A $424K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
ZIP 78645's metrics run below Travis County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Who lives in 78645 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The right play in 78645 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Lago Vista:
Property Strategy for 78645
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $182,397 | $1,490 | 5.9% | +5.3% | $182,397 |
| 2BR | $277,926 | $1,760 | 4.6% | +5.0% | $138,963 |
| 3BR | $389,266 | $2,240 | 4.1% | +5.3% | $129,755 |
| 4BR | $552,003 | $2,610 | 3.4% | +6.8% | $138,001 |
| 5BR | $837,136 | — | — | +7.8% | $167,427 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 78645 Compare?
| Metric | 78645 | Lago Vista | Austin-Round Rock-Georgetown, TX | Texas |
|---|---|---|---|---|
| Home Value | $424,108 | $424,108 | N/A | $297,000 |
| 5-Year CAGR | N/A | N/A | N/A | 5.4% |
| Avg Rent | $2,153 | $2,153 | N/A | - |
| Cap Rate | 4.0% | 4.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 78645 (Lago Vista, TX). Anonymous, moderated, never written by AI.
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Property managers serving Travis County
Manage rentals here? List your business →512-Society Property Management provides single-family and multi-family property management services across North Austin and Round Rock since 2005. summary from their website
Darwin Homes offers tech-driven property management services, making renting easy with 24/7 support, smart locks for viewings, and assistance with moving and utility setup. summary from their website
Guest Haus Property Management offers Airbnb and vacation rental management services in Austin. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $424,108 |
| Monthly Rent | $2,153 |
| Price-to-Rent | 16.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.1% |
| Cap Rate | 4.0% |
| 5-Year IRR | 3.8% |
📈 Home Appreciation
| 1-Year | +0.7% ▲ |
| 3-Year CAGR | -3.6% ▼ |
| 5-Year CAGR | -0.2% ▼ |
| 10-Year CAGR | +4.5% ▲ |
🏠 Rent Trends
| 1-Year | +5.3% ▲ |
| 3-Year CAGR | +0.9% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.0%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 78645
Population: 15,042
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 78645
Schools in This ZIP Code
About Repit School Scores
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We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Are homes affordable in Lago Vista, TX?
Lago Vista, TX home values average about $424K. That price point suits investors targeting rentals with $2,153/mo in monthly income.
How qualified is the tenant pool in Lago Vista, TX?
The tenant pool in Lago Vista, TX is solid, supported by local employment and population fundamentals. Rents of $2,153/mo are well-absorbed by the market.
What is the average monthly rent in Lago Vista, TX?
Expect rents around $2,153/mo per month in Lago Vista, TX. With home values at $424K, the yield math works out to reasonable levels for rental investors.
Is Lago Vista, TX a good market for buy-and-hold investors?
Investors tracking Lago Vista, TX will find a 2.0/5 rating supported by $424K median home values and $2,153/mo rents. That profile suits long-term holders targeting reliable returns.
Are eviction rules reasonable in Lago Vista, TX?
For rental operators, Lago Vista, TX rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
You know 78645 now. You don’t know where it ranks.
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How 78645 ranks in Austin-Round Rock-Georgetown, TX
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