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$680,000

21114 Bertram Ln, Spicewood, TX, 78669

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths675 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 2017

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling

Exterior

Lot Size8.99 acres

Building Information

Year Built2017
Stories1

Land Information

APN05420603120000
SubdivisionScott G W
Land UseResidential
Legal DescriptionABS 2569 SUR 50 SCOTT G W ACR 8.9850
Census Tract035300
Assessed Land Value$992,843
Assessed Improvement Value$189,873
Assessment Year2025

About this property

Excellent opportunity to own +/- 9 unrestricted acres with an incredible east-facing view in Lake Travis ISD. This lot has beautiful, dramatic terrain that drops to a wet weather creek and rises again on the other side. A previous home site has been cleared for you to build your home, and already has a functioning well protected from the elements in a pump house. Several out buildings can used for storage, and the empty shell of a newly constructed small home is ready to finish out for someone who wants a place to live while building a larger home or to use as a future guest house. The lot is home to numerous species of wildlife and native trees including live oaks, Spanish oaks, ash junipers, mountain laurels, wild persimmon and others. Sunrises at this location are amazing, and the stars shine bright at night. Bertram Lane is just minutes from highly-rated Lake Travis ISD schools, Pace Bend Park and Lake Travis, the Hill Country Galleria Mall, shops in Bee Cave and Lakeway, healthcare facilities, entertainment, and restaurants. This lot is listed at a price WELL BELOW the tax appraisal and even below what the Seller paid just two years ago. Jump on this opportunity while you can, as unrestricted land in this area is becoming harder and harder to find.

Investor Tools

$786,923Estimated Mortgage Balance
$398,573Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,096 /month
Positive
Cash Flow Estimate:
$2,365 /month

Interested in this property?

Clark Gray

Mercer Street Group, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,077/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,011
$1,182,716
2025
$992,843
$189,873
$1,182,716
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19,011
$1,182,716

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Unknown
$840,000
No
First
Nov 14, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$786,923
$395,793
33%
67%
$5,037/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,386/mo
$5,037/mo
$-3,651/mo
1.4%

City: Spicewood

21114 Bertram Ln | Property Details | No Agent List