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$283,000

NAL Estimated Property Value

117 Topspin CIR, Spicewood, TX, 78669

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths962 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$207.8 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesCooktop, Disposal, Electric Cooktop, Electric Oven, Washer/Dryer
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesTennis Court(s), Boat Slip
Lot Size2,997 sqft

Building Information

Year Built1978

Land Information

APN45745
Lot Number14,15
SubdivisionWindermere Oaks
Land UseResidential
Legal DescriptionS8650 WINDERMERE OAKS LOT 14 & 15, SEC 2 & UNDIV OPEN AREA WINDERMERE TENNIS VLG & UNDIV OPEN AREA WINDERMERE TENNIS VLG
Census Tract960802
Assessed Land Value$17,500
Assessed Improvement Value$241,625
Assessment Year2025

About this property

3 mon. min. rental. Charming cottage in Windermere Tennis Village within the gated community of Windermere Oaks. Surrounded by stately homes, million-dollar & multi-million dollar lakefront properties & acreage estates. Come be a part of the beautiful Lake Travis area/TX Hill Country property owners in Spicewood-approx 45 mins west of DT Austin & 20 mins east of Marble Falls. On the main level, you will find an open concept kitchen/living/dining space with floor to ceiling sliding glass doors that open up to expand your living space outdoors. The main level also provides a half bath & a separate “Roman Bath” (shower room) which could easily be converted to a full bath if you wanted to add a third bedroom on the lower level, which the lot accommodates. VIEWS: Whether you enjoy the sights through the large windows from inside the cabin, outdoors on the back porch or sit outside on the sizable front deck – you are bound to delight in views of lush green landscape/mature oak trees. Though the neighborhood is very established, it remains quiet & inviting to hill country wildlife including deer, squirrels & local birds. The dark nights highlight bright stars & sights of fireflies. The second level offers 2 lg bedrooms (similar in size) sharing a full bath w/tub/shower. Rustic & charming, yet recently renovated with long-lasting exterior Hardie-Board siding; added insulation; metal roof; front door; & new window in the shower-room (downstairs); replaced breaker panel; & front/back decking. POA offers access to neighborhood pools; pavilion; lighted tennis courts; & Lake Travis access; Nearby Spicewood Airport port. Can be short-term rental (3 mos minimum). Addl nearby amenities include: Gruelle Park trails & cove; Shopping/Dining within mins to Marble Falls and Bee Cave/Lakeway; Baylor Scott & White Hospital; Nearby Golf Courses – Meadow Lakes; Barton Creek Lakeside; Delaware Springs; Lake Cliff; & more! Adjacent Lot: 200 Topspin Dr is also for sale - ask agent for details.

Investor Tools

Property Icon
$283,000
Estimated Property Value
$199,908Estimated Mortgage Balance
$83,092Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,698 /month
Positive
Cash Flow Estimate:
$566 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$359/month
$850/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,890
$259,125
2025
$17,500
$241,625
$259,125
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,890
$259,125

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Point Financial Corporation
Conventional
$218,500
No
First
Sep 30, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,908
$83,092
29%
71%
$1,311/mo

City: Spicewood

117 Topspin CIR | Property Details | No Agent List