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$1,389,000

NAL Estimated Property Value

0000 Parr Ave, Spicewood, TX, 78669

Off MarketInfo
Baths0 Bath
RanchRanch

About this property

Incredible opportunity to own unrestricted acreage in a highly sought after location surrounded by future development. 27.88 +/- acres out of 43.88+/- acres between Spicewood and Marble Falls. Entrance on Parr Ave. is 100+/- ft off of Hwy 71. A 4" and 6" water line with meter exists on property for future use through Sunset Water Utilities. 100% perimeter fence and currently maintaining agricultural tax exemption. Current developments nearby include, 240 acre Gregg Ranch comprising of 840 single and multi- fam residences and Thomas Ranch, an approved 2200 acre master planned community in Spicewood. Pre-qualified Buyers ONLY. Must make appointment with agent. See virtual tour link for drone footage of property. Entire 43.88 acres is also available with SH 71 frontage, commercial building and billboards.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,334 /month
Positive
Cash Flow Estimate:
$2,778 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Spicewood

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0000 Parr Ave | Property Details | No Agent List