Last 24 Hours
$1,061,000
NAL Estimated Property Value1405 Edgewater Dr, Spicewood, TX, 78669
Off Market
3 Beds
3 Bath
2,387 Sq Ft
Single Family Residence
$243.82 / sqft
Built in 1983Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms Full 3
Indoor Fireplace
Garage Available
Heating
CoolingAppliancesOven, Electric Cooktop, Dishwasher, Refrigerator
FlooringConcrete, Tile
Exterior
Private PoolExterior FeaturesBoat Slip, Dock, Private Yard
Lot Size30,928 sqft
Building Information
Year Built1983
Stories1
Roof Type112
Garage Spaces2
Land Information
APN01568301040000
Lot Number26
SubdivisionEdgewater Beach Sec 1
Land UseResidential
Legal DescriptionLOT 26 EDGEWATER BEACH SEC 1
Census Tract035200
Assessed Land Value$364,500
Assessed Improvement Value$347,607
Assessment Year2025
About this property
Lake Travis waterfront one story with RARE & COVETED walk-down access to water and private dock. Enormous short term rental potential here! Home boasts many valuable features such as a metal roof, high-functioning well, + several other recent updates. You will love the open layout, enormous great room, recently updated kitchen, and spacious master suite w/ screened-in porch. Lush lawn leads the way down the shaded gentle slope to the water & private dock. Fantastic location as well! COME LIVE LAKE TRAVIS!Restrictions: Yes Sprinkler Sys:Yes
Investor Tools
$1,061,000
Estimated Property Value
$315,586Estimated Mortgage Balance
$745,414Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,366 /month
Positive
Cash Flow Estimate:
$2,122 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,488/month
$100/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,553
$712,107
2025
$364,500
$347,607
$712,107
No
Tax History
Year
Tax Paid
Assessed Value
2024
$12,553
$712,107
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Envoy Mortgage Ltd
Unknown
$370,000
No
First
Jan 28, 2019
Feb 2049
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$315,586
$586,414
65%
30%
$2,219/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$2,319/mo
$-231/mo
2.4%
12.4%