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$1,046,187

NAL Estimated Property Value

1201 Lake Shore Dr, Spicewood, TX, 78669

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,092 Sq Ft
price_per_sqft$366.63 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Disposal, Refrigerator, Water Softener Owned, Water Softener
FlooringCarpet, Laminate

Exterior

Exterior FeaturesBalcony, Dock
Lot Size1.72 acres

Building Information

Year Built1973
Stories2
Roof Type105
Garage Spaces3

Land Information

APN05680701220000
Lot Number63,64
SubdivisionLaguna Vista Subd
Land UseResidential
Legal DescriptionLOT 63 & 64 LAGUNA VISTA SUBD
Census Tract035200
Assessed Land Value$770,000
Assessed Improvement Value$276,187
Assessment Year2025

About this property

LAKE IS UP and lake life is calling. Welcome to 1201 Lakeshore Drive, a rare lakefront opportunity on the Pedernales arm of Lake Travis, where modern comfort meets timeless Hill Country beauty. Set on 1.72 acres in the highly acclaimed Lake Travis ISD, this thoughtfully updated waterfront home offers the perfect blend of full-time living, weekend escape, or income-producing retreat. Inside, the home feels light, open, and connected to the outdoors. Newer windows and doors flood the interior with natural light while perfectly framing the lake and treetop views. The main living, dining, and kitchen spaces flow together effortlessly — ideal for entertaining or simply enjoying the calm rhythm of the water outside. The kitchen is well-appointed with stainless appliances, ample cabinetry, and generous prep space, making it as functional as it is inviting. The primary suite is located on the main level for easy everyday living, while two additional guest bedrooms downstairs provide privacy and comfort for family and friends. Updated bathrooms and finishes throughout give the home a clean, contemporary feel without sacrificing warmth. Step outside and the lifestyle truly comes alive. Enjoy morning coffee on the upper balcony, sunset dinners on the covered lower patio, or spontaneous lake days from your private boat dock just steps away. Boating, swimming, paddleboarding, fishing — it’s all right here, whenever you want it. Whether you envision this as a peaceful personal sanctuary, a weekend lake escape, or a short-term rental investment, this property offers flexibility, beauty, and lasting value in one of the most desirable lake communities in Central Texas. The detached garage also offers future potential to convert into additional living space, a guest suite, or a private studio. This is more than a home, it’s a front-row seat to the lake life you’ve been waiting for. Schedule your private showing and experience it for yourself. Boating season is almost here!

Investor Tools

Property Icon
$1,046,187
Estimated Property Value
$457,125Estimated Mortgage Balance
$589,062Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,277 /month
Positive
Cash Flow Estimate:
$2,092 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,754/month
$75/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,814
$1,046,187
2025
$770,000
$276,187
$1,046,187
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,814
$1,046,187

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$510,400
No
First
Dec 22, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$457,125
$589,062
56%
44%
$3,061/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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1201 Lake Shore Dr | Property Details | No Agent List