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$1,089,000

1906 Bee Creek Rd, Spicewood, TX, 78669

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,326 Sq Ft
price_per_sqft$468.19 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesCooktop, Dishwasher, Electric Oven, Microwave
FlooringCarpet Free, Concrete

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, See Remarks
Lot Size4.00 acres

Building Information

Year Built2009
Stories1
Roof Type112
Garage Spaces2

Land Information

APN0142960136
SubdivisionBeaty Seale & Forwood
Land Use1 Family Dwelling
Legal DescriptionABS 131 SUR 45 BEATY SEALE & FORWOOD ACR 4.0010
Census Tract035300
Assessed Land Value$360,070
Assessed Improvement Value$558,203
Assessment Year2025

About this property

**Up to $35,000 in concessions towards rate buy down or closing costs with full price offer!!** Four unrestricted acres, hill country views, equestrian amenities, and a location that keeps you close to everything. Bee Creek Road offers space, freedom, and endless potential just minutes from marinas, shopping, and dining of Lakeway and Bee Cave. Bring the horses, create a hobby farm, expand the gardens, or simply enjoy the privacy of four beautiful acres with room to make the property your own. Already thoughtfully equipped for equestrian use, the property features a two-stall barn with tack room and wash rack, corral, and lighted riding arena. A fenced organic garden, rainwater collection system, gated entry, and detached, air-conditioned flex building add even more versatility. Perched on a hilltop and surrounded by mature trees, the home takes full advantage of its peaceful setting and long Hill Country views. Inside, natural light fills the warm, inviting spaces, including a remodeled kitchen with quartz countertops and farmhouse sink, scored concrete floors, dedicated office, dining room overlooking the landscape, private primary suite, and two additional bedrooms. Outside is where this property truly comes to life. An extended porch and covered back patio invite you to slow down and enjoy the surroundings, while the cowboy pool offers a refreshing spot on warm afternoons. At the highest point of the property, a detached air-conditioned flex building with its own porch and panoramic views offers an incredible bonus space for an office, studio, gym, creative retreat, or whatever comes next. Unrestricted acreage this close to Lakeway and Bee Cave, with established equestrian amenities and this much potential, is a rare find, especially at this price point. Whether your vision includes horses, gardens, animals, additional improvements, or simply more room to breathe, 1906 Bee Creek Road gives you the land and freedom to create it.

Investor Tools

$788,169Estimated Mortgage Balance
$282,831Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,534 /month
Positive
Cash Flow Estimate:
$2,178 /month

Interested in this property?

Sheila White

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$938/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,898
$692,578
2025
$360,070
$558,203
$918,273
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,898
$692,578

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$806,000
No
First
Apr 14, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$788,169
$282,831
26%
74%
$4,833/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$4,833/mo
$-2,745/mo
2.3%

City: Spicewood