ActiveResidential · sale

19519 Draper Mountain

Lago Vista, TX 78645

$1,350,000

  • 6 beds
  • 6 baths
  • 4,733 sq ft
  • 1.99 acres
  • Built 1959

Listed by Compass RE Texas, LLC · MLS #ACT6686208

A FEW THINGS TO NOTICE

What stands out.

Details worth a look

The original single-story home was expanded in 1996 to include a three-story townhome-style apartment with a private entrance and lake-view balcony.

Year built

Built in 1959.

Garage parking

1 garage spaces listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Rare opportunity to own a remarkable 1.99-acre Lake Travis estate in the heart of the Texas Hill Country. Spanning six
deeded tracts with panoramic south-facing lake views and deeded beach access just minutes away, this unique property offers exceptional flexibility for multigenerational living or investment. Three fenced tracts feature two buildings with four private residences, each with its own entrance, bedroom(s), bathroom(s), kitchen, and living area. The original single-story home was expanded in 1996 to include a three-story townhome-style apartment with a private entrance and lake-view balcony. In 2010, a spacious 1,580 sq. ft. apartment with balcony was added above the oversized garage and a 770 sq. ft. apartment, updated in 2022, creating over 4,700 sq. ft. of combined living space. Additional amenities include three outbuildings (8’ x 8’ garden shed, 12’ x 9’ Morgan Building, and a 12’ x 19’ workshop), four covered carport spaces, including one with 12-foot RV clearance, and abundant circular driveway parking. The remaining tracts have two RV sites with water and electric hookups and a small barn and shelter, previously used for bees, chickens, and horses. Towering oaks, pecan and fruit trees, cedars, and vibrant landscaping create a peaceful, private setting. The tracts were combined for tax purposes but may be sold separately. A private well and community water serve the property. The grandfathered OSSF requires replacement upon transfer, and the seller has completed extensive research on replacement options, with documentation available to help buyers bring their vision to life.

THE NEIGHBORHOOD

Explore the location.

19519 Draper Mountain, Lago Vista, TX 78645

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1959
Full baths
6
Half baths
0
Garage spaces
1
Cooling
Ceiling Fan(s), Heat Pump, Wall/Window Unit(s)
Heating
Heat Pump
Appliances
Dishwasher, Microwave, Free-Standing Electric Range, Free-Standing Refrigerator
Flooring
Bamboo, Carpet, Laminate, Vinyl
Fencing
Chain Link
Accessibility
None
Pool features
None
Subdivision
Drapers Estate
Parcel
01627802010000
Elementary school
Lago Vista
Middle school
Lago Vista
High school
Lago Vista
Annual property tax
$5,674.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$5,625.00
Cap rate

Annual operating income:

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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19519 Draper Mountain, Lago Vista, TX 78645 · MLS #ACT6686208

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Listing information

MLS #ACT6686208 · Austin Board of Realtors

Listing brokerage: Compass RE Texas, LLC
Listing agent: Debbie Jennings

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.