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$331,732

NAL Estimated Property Value

220 Terrace Dr, Spicewood, TX, 78669

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,144 Sq Ft
price_per_sqft$297.2 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesElectric Range, Microwave
FlooringConcrete

Exterior

Exterior FeaturesExterior Steps
Lot Size23,714 sqft

Building Information

Year Built2002
Garage Spaces2

Land Information

APN41898
Lot Number49,50
SubdivisionSpicewood Beach
Land UseResidential
Legal DescriptionS7930 SPICEWOOD BEACH LOT 49 & 50
Census Tract960803
Assessed Land Value$69,713
Assessed Improvement Value$262,019
Assessment Year2025

About this property

A great property, perfect for a second home or primary residence 30 minutes from Austin. A truly unique setting, this cozy subdivision offers a waterfront park, boat dock, fishing pier, private nine hole golf course and picnic area. The two bedroom and two bath home sits on two lots, a little over 1/2 acre. There are amazing hill country views and a large deck for relaxing. A two car garage with a small workshop area and an additional third garage is a bonus. Washer/dryer connections are in a large closet in the house and additional connections are in the third garage. There are stained concrete floors throughout the home.

Investor Tools

Property Icon
$331,732
Estimated Property Value
$262,390Estimated Mortgage Balance
$69,786Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$518/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,552
$331,732
2025
$69,713
$262,019
$331,732
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,552
$331,732

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$276,250
No
First
Jul 18, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,390
$69,342
20%
79%
$1,657/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.

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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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220 Terrace Dr | Property Details | No Agent List