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$1,838,000

NAL Estimated Property Value

1348 Lake Shore Dr, Spicewood, TX, 78669

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,249 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$677.13 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Instant Hot Water, Double Oven, Refrigerator, Self Cleaning Oven
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Lighting, Private Entrance, Private Yard, RV Hookup
Lot Size1.67 acres

Building Information

Year Built2008
Stories2
Roof Type112
Garage Spaces1

Land Information

APN05700901320000
Lot Number1
SubdivisionPedernales Bend Subd
Land UseResidential
Legal DescriptionLOT 1 PEDERNALES BEND SUBD & ABS 516 SUR 412 MOAT J ACR .6500 (TOTAL ACR 1.6685)
Census Tract035200
Assessed Land Value$1,005,000
Assessed Improvement Value$693,258
Assessment Year2025

About this property

Welcome home to gated waterfront living at Pedernales Bend. The locale is the famous Texas Hill Country where relaxed lake lifestyles are celebrated. Perched over the Pedernales River on an open 1.669 acre lot, this property takes full advantage of its locale. Start your visit at the wide rollaway gate to find a sweeping tree canopy shading the circular drive. Inside you will find an open floor plan, a fireplace, 2 living rooms, dining, and kitchen. Also on this level is the bunk room with loft, a full bath plus the laundry room. Upstairs is 3 bedrooms and 2 baths plus an expansive covered balcony to soak up the sunset views. Relax and play at the pool featuring a spa and custom water slide. Enjoy your evenings around the firepit and gaze at the stars. Continue down the staircase to the boat dock with trapeze swing, storage, boat life and double jet ski lift for days of fun in the sun on Lake Travis. The community boat ramp is just to the north of the property near the RV storage with hookups that is outside the fence but still on the property. A large portion of the yard is open for enjoying disc golf, tree swing and summer games. Currently used as an Airbnb, this income producing property it the perfect setting for friends and family to get together to make memories for a lifetime.

Investor Tools

Property Icon
$1,838,000
Estimated Property Value
$937,502Estimated Mortgage Balance
$902,528Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,200 /month
Positive
Cash Flow Estimate:
$4,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,699/month
$25/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$23,201
$1,661,170
2025
$1,005,000
$693,258
$1,698,258
No

Tax History

Year
Tax Paid
Assessed Value
2024
$23,201
$1,661,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citibank Na
Conventional
$1,079,880
No
First
Aug 2, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$937,502
$911,498
49%
51%
$6,475/mo

City: Spicewood

1348 Lake Shore Dr | Property Details | No Agent List