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$625,000

NAL Estimated Property Value

1001 Spur 191, Spicewood, TX, 78669

$757,094 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,400 Sq Ft
price_per_sqft$166.25 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListARV FlipAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
AppliancesRefrigerator, Stainless Steel Appliances
FlooringLaminate, Tile, Wood

Exterior

Exterior FeaturesPrivate Yard, Uncovered Courtyard
Lot Size10,106 sqft

Building Information

Year Built2002

Land Information

APN52820
SubdivisionJames H. Johnson
Land UseResidential
Legal DescriptionABS A0477 JAMES H. JOHNSON, TRACT PT TR II, .232 ACRES
Census Tract960802
Assessed Land Value$77,952
Assessed Improvement Value$515,577
Assessment Year2025

About this property

This is a charming 2 story 4BR 2 1/2BA in an amazing setting backs to creek and giant cypress trees! The property lends itself to many possible uses. Could serve as both home and business. Additional back house/apartment or home office. Outdoor courtyard with stage. Huge covered outdoor patio and seating area. Plenty of parking. Near Krause Springs and central Spicewood. *Unrestricted* This property has so many possibilities; private residence, live-in business, B&B, Distillery, Cafe, Coffee Shop.. Corner lot next door is available for sale also.

Investor Tools

Property Icon
$625,000
Estimated Property Value
$420,749Estimated Mortgage Balance
$204,251Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$757,094
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,750 /month
Positive
Cash Flow Estimate:
$1,250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$939/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,142
$593,529
2025
$77,952
$515,577
$593,529
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,142
$593,529

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alcova Mortgage Llc
Va
$423,200
Yes
First
Jan 16, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$420,749
$245,251
36%
67%
$2,538/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
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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1001 Spur 191 | Property Details | No Agent List