Is Lago Vista TX a Good Market to Invest

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I am still trying to figure out where and how to start into this Real Estate Investing Industry but it is kind off hard when you live in a hot market like Austin, TX. I have been looking at properties and land in Lago Vista and some of them are really cheap but I am not sure if their value will increase with the time

Has anybody done any deal in Lago Vista TX? 

How is the market right now for that specific area?

Any recommendations?

Thank you!