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$269,000

106 County Road 425, Spicewood, TX, 78669

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths1,246 Sq Ft
price_per_sqft$215.89 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesDryer, Dishwasher, Electric Range, Disposal, Refrigerator, Washer
FlooringCarpet Free, Tile, Vinyl, Wood

Exterior

Exterior FeaturesExterior Steps, Lighting, Private Yard
Lot Size22,499 sqft

Building Information

Year Built2010
Garage Spaces1

Land Information

APN35993
Lot Number25
SubdivisionQuail Creek
Land UseResidential
Legal DescriptionS7270 QUAIL CREEK LOT 25, SEC 1
Census Tract960802
Assessed Land Value$6,750
Assessed Improvement Value$242,307
Assessment Year2025

About this property

Easy Living, Hill Country Soul, Welcome to Spicewood! Tucked into a quiet corner of Spicewood, 106 County Road 425 is full of charm, character, and opportunity. Built in 1950, this home blends timeless appeal with practical updates, making it an ideal investment for today and tomorrow. Original details like shiplap walls, classic built-ins, and hardwood floors bring warmth and authenticity, while modern improvements add comfort and ease. Appliances are available to convey. The flexible layout fits a variety of needs, whether you’re looking for a full-time residence, short-term rental, or long-term hold. The primary suite is part of a more recent addition and features a refreshed bath and stylish finishes. The kitchen, guest room, and primary all include newer windows, and the back flex room is ready for your vision, whether that’s a home office, studio, or guest quarters. Major systems are in great shape with a new roof in 2021 and updated HVAC condenser in 2022. The oversized lot offers plenty of outdoor potential, with room to garden, entertain, expand, or simply enjoy the Hill Country peace and quiet. Whether you’re building your portfolio, launching your next renovation project, or investing in a fast-growing area, this property checks every box, with strong updates, a wide-open lot, tons of character.

Investor Tools

$246,378Estimated Mortgage Balance
$26,562Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,632 /month
Positive
Cash Flow Estimate:
$544 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$398/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,417
$249,057
2025
$6,750
$242,307
$249,057
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,417
$249,057

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank
Conventional
$270,313
No
First
Aug 12, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$246,378
$39,622
13%
91%
$1,621/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.

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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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