Sell Your Property

Easily Access a network of motivated buyers
This page contains information about each property aggregated from public data sources, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more.

...MORE

This page contains information about each property aggregated from public data sources, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more.

5312 Mira Lago Lago Vista, TX 78645

5 Beds 6 Baths 4,309 sqft Built 2014
Last updated:  Jan 23, 2020

INVESTimate

$1,000,984

$914K - $1.09M

Price Est.

$3,223

$2.8K - $3.6K

Rent Est.

$1,067,449  ( +6.64%)   1 YR EST. FORECAST

5312 Mira Lago PROPERTY INFO

FACTS
  • Built In 2014
  • Price/Sqft : $232.30
CONSTRUCTION
  • Beds : 5
  • Floor Size : 4,309 sqft
  • Baths : 6 Full
PROPERTY DESCRIPTION
5312 Mira Lago, Lago Vista, TX 78645 is a single family home of 4,309 sqft. HomeUnion estimate for 5312 Mira Lago includes a Price Estimate of $1,000,984 and a Rent Estimate of $3,223. This single family home has 5 bedrooms, 6 bathrooms, and was built in 2014. This property has an estimated 15 year annualized Yield of 3.86% and Total Return of 13.56%. The estimated 1 year forecast in home value for 5312 Mira Lago is 6.64%.
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 3301 HENDERSON MILL ROAD Atlanta, GA
    • 3 beds 2 baths ∙ 1,348 Sqft ∙ Built 1969 ∙ 1units 3 beds 2 baths ∙ 1,348 Sqft ∙ Built 1969 ∙ 1units
    AVAILABLE fmls
    • 13.98% GROSS YIELD
    • $7,359 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $170,000
    • $50,800
    • $1,980
  • 2032 GLENRIDGE DRIVE Indianapolis, IN
    • 4 beds 1 baths ∙ 1,820 Sqft ∙ Built 1949 ∙ 1units 4 beds 1 baths ∙ 1,820 Sqft ∙ Built 1949 ∙ 1units
    AVAILABLE
    • 12.40% GROSS YIELD
    • $5,248 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $90,000
    • $29,600
    • $930
  • 6980 MERRYWOOD DRIVE Fairburn, GA
    • 3 beds 2 baths ∙ 1,498 Sqft ∙ Built 1978 ∙ 1units 3 beds 2 baths ∙ 1,498 Sqft ∙ Built 1978 ∙ 1units
    AVAILABLE fmls
    • 12.00% GROSS YIELD
    • $10,782 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $140,000
    • $42,850
    • $1,400
  • 809 California STREET Tallahassee, FL
    • 8 beds 8 baths ∙ 3,840 Sqft ∙ Built 1978 ∙ 4units 8 beds 8 baths ∙ 3,840 Sqft ∙ Built 1978 ∙ 4units
    AVAILABLE
    • 11.70% GROSS YIELD
    • $19,240 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $299,900
    • $90,974
    • $2,925

5312 Mira Lago SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
LAGO VISTA ELEMENTARY SCHOOL Primary Regular 587 39 8
LAGO VISTA MIDDLE SCHOOL Middle Regular 335 21 8
LAGO VISTA HIGH SCHOOL High Regular 407 31 8

LAGO VISTA ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 587
  • # of teachers: 39
8
GreatSchools Rating

LAGO VISTA MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 335
  • # of teachers: 21
8
GreatSchools Rating

LAGO VISTA HIGH SCHOOL

  • Education Level: High
  • # of students: 407
  • # of teachers: 31
8
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

Marshalls Harbor

  • 8

    POPULATION
  • 3

    HOUSEHOLDS
  • 77.1%

    WHITE COLLAR

Neighborhood : Marshalls Harbor

HOUSEHOLDS
3
POPULATION

8

0.0%Renters
100.0%Home Owners
LABOR FORCE

 

77.1%White Collar
22.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $3,223 per month.

MY RENT : $3,223 MEDIAN RENT : $2,278

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $3,223 would therefore be considered affordable for annual household incomes greater than $128,920 (12 months x 3.333 x $3,223).

Rent % Affordability
HOUSEHOLD INCOME RANGE

Approximately 0 of households in this neighborhood have a total annual income of $128,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,223 per month.

MINIMUM INCOME RANGE : $128,920

Income % Distribution
COMMUTE TIME DISTRIBUTION

0% of the working population has a commute time of 15 to 44 minutes, 0% has a commute time of 14 minutes or less and 100% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 0.0%
10-14 mins 0.0%
15-19 mins 0.0%
20-29 mins 0.0%
30-44 mins 0.0%
45-59 mins 100.0%
>60 mins 0.0%

Marshalls Harbor Demographics

INDUSTRY

Industry % Distribution
Health Care & Social Assistance 50.0%
Professional & Scientific Tech Services 0.0%
Public Administration 0.0%
Real Estate 0.0%
Retail & Wholesale Trader 50.0%
Transportation 0.0%
Other 0.0%
AGE DISTRIBUTION

75% of the population is between the ages of 25 and 64, 0% is 24 or younger and 25% is 65 or older.

Age % Distribution
<15 0.0%
15-19 0.0%
20-24 0.0%
25-44 25.0%
45-65 50.0%
66+ 25.0%
OCCUPATION

Occupation % Distribution
Management, Business, & Financial 50.0%
PCare 0.0%
Production & Transportation 0.0%
Protect 0.0%
Sales & Office 50.0%
Social 0.0%
Other 0.0%
HIGHEST EDUCATION LEVEL

29% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 14.3%
High School 28.6%
Masters Degree 14.3%
Professional 0.0%
Some College 28.6%
Other 14.3%

5312 Mira Lago Comps

Sorry, we do not have sufficient data available.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , TRAVIS County , or the 78645 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Browse other real estate investments on Mira Lago

  1. 5001 Mira Lago
  2. 5312 Mira Lago

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Nearest zipcodes within 2 miles

  1. 78734
  2. 78745
  3. 78641
  4. 78732