21212 Portsmouth Cv Lago Vista, TX 78645
This exceptional new construction duplex office building, located in Travis County, presents a unique investment opportunity. The property, known as 21212 Portsmouth Cove, offers a total of 2,902 square feet across two suites, each measuring 1,451 square feet. Each suite boasts a thoughtfully designed layout featuring three bedrooms and two and a half bathrooms, along with the convenience of a two-car garage. The building is a two-story structure, currently entirely vacant and available for immediate occupancy. The minimum divisible space is 1,451 square feet, with a maximum contiguous space of 1,451 square feet. This makes it ideal for a variety of uses, including owner-occupancy with rental income from the second unit. One unit is even furnished, ready for immediate use as a short-term rental or corporate housing. The property's strategic location provides easy access to various amenities, including nearby docks and parks, enhancing its appeal and potential for high occupancy rates. This turnkey opportunity combines the benefits of new construction with the potential for immediate revenue generation. The property is available for both sale and lease, offering flexibility to prospective buyers and tenants. Serious inquiries are encouraged to explore this compelling investment prospect.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.