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B+
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$475,000

20800 Colorado Dr W, Spicewood, TX, 78669

$519,444 ARVInfo
On MarketInfo
Just AddedInfo
Beds1 Beds
Baths1 Bath
Baths680 Sq Ft
OtherOther
price_per_sqft$698.53 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
Garage AvailableGarage Available
AppliancesCooktop, Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Microwave, Oven, Range, Refrigerator, See Remarks, Washer

Exterior

Exterior FeaturesDog Run, Private Entrance, Private Yard, Uncovered Courtyard
Lot Size25,870 sqft

Building Information

Year Built1990
Stories1
Roof Type112
Garage Spaces2

Land Information

APN01589004010000
Lot Number64
SubdivisionLakewood Estates
Land UseResidential
Legal DescriptionLOT 64 LAKEWOOD ESTATES
Census Tract035200
Assessed Land Value$89,676
Assessed Improvement Value$85,192
Assessment Year2025

About this property

Welcome to The Texas Star Lakewood Retreat, a private gated escape nestled beneath majestic oak trees in Lakewood Estates, a Lake Travis lakeside community. Hidden behind beautiful custom wrought iron fencing with automatic gates adorned with iconic Texas stars, this one-of-a-kind property blends Texas charm, privacy, recreation, and investment potential. Situated on a beautifully treed corner lot, this fully furnished, move-in-ready retreat features a charming home with Lake Travis views from the living room overlooking the treetops. The open-concept floor plan includes a full kitchen, living and dining area, one bedroom, a full bathroom, and an upstairs loft with two separate sleeping areas, ideal for kids or guests. A spacious wraparound porch provides the perfect place to relax and enjoy the peaceful Hill Country setting. The property also includes a separate wash house with washer and dryer, additional storage building, oversized covered RV and boat parking beneath a large metal RV/boat canopy, expansive concrete parking, and ample room for vehicles, boats, recreational equipment, and entertaining. Located just around the corner from the Lakewood Estates waterfront park and private boat ramp, you'll enjoy convenient access to the deep waters of beautiful Lake Travis for boating, fishing, swimming, kayaking, paddle boarding, and unforgettable Texas sunsets. Whether you're seeking a full-time residence, weekend getaway, second home, or income-producing Airbnb or VRBO, this unique retreat offers exceptional flexibility. Located minutes from Thomas Ranch, Travis Club, and Loraloma, this property offers an exceptional opportunity to enjoy the Lake Travis lifestyle while investing in one of the area's fastest-growing luxury destinations. Experience the privacy, lake lifestyle, and investment potential that make The Texas Star Lakewood Retreat a truly rare offering.

Investor Tools

$0Estimated Mortgage Balance
$994,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$519,444
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,964 /month
Positive
Cash Flow Estimate:
$1,988 /month

Interested in this property?

Stacy Hallmark

HALLMARK LUXURY REAL ESTATE

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$650/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,828
$174,868
2025
$89,676
$85,192
$174,868
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,828
$174,868

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$994,000
100%
0%
$0/mo

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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