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$2,495,000

123 Landings Way, Spicewood, TX, 78669

$2,758,268 ARVInfo
On MarketInfo
Beds4 Beds
Baths5 Bath
Baths5,029 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$496.12 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Half 5Bathrooms Half 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesBuilt-In Refrigerator, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Freezer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Water Heater, Exhaust Fan, Freezer, Gas Range, Ice Maker, Microwave, Oven, Free-Standing Range, Refrigerator, Stainless Steel Appliance(s), Vented Exhaust Fan, Tankless Water Heater, Wine Refrigerator
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesGarden, Rain Gutters, Lighting, Outdoor Grill
Lot Size1.29 acres

Building Information

Year Built2023
Garage Spaces4

Land Information

APN121208
Lot Number54
SubdivisionThe Landings At Lake Travis
Land UseVacant Land
Legal DescriptionS5980 THE LANDINGS AT LAKE TRAVIS LOT 54, SEC 2, 1.29
Census Tract960802
Assessed Land Value$144,480
Assessed Improvement Value$1,049,744
Assessment Year2025

About this property

This exceptional, fully custom, fully furnished and vacation ready 4,847 sq ft home, is located in The Landings at Lake Travis, a newly developed, gated lakeside community poised to become sought after destinations in the area. This unique community allows short-term rentals and is located in Burnet County rather than Travis County, offering significantly more flexibility, fewer restrictions, lower taxes and built to maximize short term rental revenue. Winner of four Parade of Homes awards—Best Kitchen, Best Elevation, Best Interior Design, and Best Floor Plan—Exquisite for both its design and income-producing potential. Thoughtfully designed to function as a true luxury retreat, the home features an open-concept layout filled with natural light and elevated by high-end finishes and natural materials throughout. Custom millwork, bespoke cabinetry, Venetian plaster, distinctive stone selections, and a striking one-of-a-kind light fixture reflect the level of craftsmanship rarely found in new construction. The expansive game room doubles as a bunk space, featuring custom built-in queen bunkbeds, maximizing guest capacity without sacrificing comfort or style—an ideal feature for both entertaining and short-term rental use. Additional highlights include a dedicated office, generous bedroom suites, and a spa-inspired primary bathroom with a nearby outside barrel sauna. Outdoor living is equally impressive, with a private pool/hot tub, built-in grill, outdoor shower, sauna and fully integrated sound system—creating a seamless indoor-outdoor experience all will appreciate. Residents also enjoy exclusive access to a private boat launch on Lake Travis, elevating both lifestyle appeal and rental desirability. This home is currently managed by Inspirato a worldwide well known luxury travel club that not only offers great income potential, but also superior home care and management in addition to added travel perks with an Inspirato membership.

Investor Tools

$0Estimated Mortgage Balance
$2,470,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$2,758,268
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,970 /month
Positive
Cash Flow Estimate:
$4,990 /month

Interested in this property?

Lauren Swanner

Holley Homes Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,674/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,742
$1,194,224
2025
$144,480
$1,049,744
$1,194,224
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,742
$1,194,224

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,707,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$200/mo
+$2,216/mo
1.2%

City: Spicewood

123 Landings Way | Property Details | No Agent List