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$550,000

206 Cowal Dr S, Spicewood, TX, 78669

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,756 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$313.21 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListMust-SellHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Cooktop, Dishwasher, Disposal, Free-Standing Range, Electric Water Heater
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size15,216 sqft

Building Information

Year Built1997
Stories1
Roof Type112
Garage Spaces2

Land Information

APN01569502060000
Lot Number497
SubdivisionBriarcliff Inc Sec 15
Land UseResidential
Legal DescriptionLOT 497 BRIARCLIFF INC SEC 15
Census Tract035200
Assessed Land Value$132,247
Assessed Improvement Value$263,266
Assessment Year2025

About this property

Lovingly updated and thoughtfully maintained, this custom white stone home sits on two beautifully landscaped lots beneath mature live oaks, offering the peaceful Hill Country lifestyle Briarcliff is known for. Vaulted ceilings, rich oak hardwood flooring, and a Texas limestone wood-burning fireplace create a warm and inviting atmosphere, while French doors open to a large newly stained back deck ideal for entertaining. The updated kitchen features leathered granite countertops from Brazil, customized oak cabinetry with rollout shelving, artisan hardware, white subway tile backsplash, stainless steel sink, and a new Whirlpool appliance suite. Additional updates include fresh interior paint, updated lighting and ceiling fans, cordless cellular blinds, new bedroom flooring, and beautifully updated bathrooms with porcelain tile and upgraded fixtures. Major improvements include a standing seam impact-resistant steel roof, new gutters with stainless steel guards, updated exterior paint, a recently replaced air conditioning system, and Amish-made ProVia steel exterior doors. Outside, the oversized double lot is fully fenced and shaded by mature live oaks, creating exceptional privacy and a peaceful backyard setting complete with garden beds, greenhouse, paver patio, and room to relax or play. Located in the highly desirable Briarcliff community near Lake Travis, residents enjoy access to parks, trails, marina amenities, golf, and the relaxed charm that makes this area so special.

Investor Tools

$16,181Estimated Mortgage Balance
$381,997Estimated Equity
95% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

Interested in this property?

Tyler OBrien

Agave Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$565/month
$430/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,792
$395,513
2025
$132,247
$263,266
$395,513
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,792
$395,513

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Unknown
$30,000
No
First
Jan 9, 2008
Jan 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$16,181
$379,332
95%
4%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$430/mo
+$1,658/mo
6.3%

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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206 Cowal Dr S | Property Details | No Agent List