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$2,218,000

1208 Thurman Bluff Dr, Spicewood, TX, 78669

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,439 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$380.72 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesOven, Dishwasher, Disposal, Gas Cooktop, Microwave, Refrigerator, Self Cleaning Oven
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size3.06 acres

Building Information

Year Built2007
Stories2
Roof Type112
Garage Spaces3

Land Information

APN01588803230000
Lot Number12
SubdivisionThurman Bend Estates
Land UseResidential
Legal DescriptionLOT 12 THURMAN BEND ESTATES
Census Tract035200
Assessed Land Value$636,480
Assessed Improvement Value$1,367,130
Assessment Year2025

About this property

Now is your opportunity to be a part of the Thurman Bend Estates, a community rich in heritage. This pristine residence is an icon of luxury living that features a deck that spans the full length of the house, an infinity pool with stunning views and a great room with unparalleled views. This breathtaking home included 4 bedrooms, 3 1/2 bathrooms and is perched on top of a hill on a cul-de-sac on over three acres. You'll enjoy the natural wildlife and privacy of a gated community along with lake access and a neighborhood park.

Investor Tools

Property Icon
$2,218,000
Estimated Property Value
$1,279,500Estimated Mortgage Balance
$1,093,821Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,308 /month
Positive
Cash Flow Estimate:
$4,436 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,770/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$34,149
$2,003,610
2025
$636,480
$1,367,130
$2,003,610
No

Tax History

Year
Tax Paid
Assessed Value
2024
$34,149
$2,003,610

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$1,279,500
No
First
Mar 10, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,126,854
$1,277,146
53%
51%
$5,136/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$5,236/mo
$-2,820/mo
1.3%

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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