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$579,000

22113 Rose Grass Ln, Spicewood, TX, 78669

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths3,059 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.28 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt In Gas Oven, Built In Oven, Dishwasher, Gas Cooktop, Disposal, Microwave, Water Softener Owned, Stainless Steel Appliances
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesExterior Steps, Private Yard, Rain Gutters, See Remarks
Lot Size9,161 sqft

Building Information

Year Built2006
Stories2
Roof Type105
Garage Spaces2

Land Information

APN05370701030000
Lot Number18
SubdivisionWest Cypress Hills Phs 1 Sec 1
Land UseResidential
Legal DescriptionLOT 18 BLK 3 WEST CYPRESS HILLS PHS 1 SEC 1
Census Tract036500
Assessed Land Value$151,193
Assessed Improvement Value$363,764
Assessment Year2025

About this property

Sitting just around the corner from the neighborhood elementary school and only a three-minute drive from the coming soon Highland Lakes High School, location seals the deal for this home! Zoned to the highly acclaimed Lake Travis School District, this impressive West Cypress Hills residence sits on a premium greenbelt lot. And the stars of the show are the sweeping Texas Hill Country views that are visible from nearly every window. Inside, 3,059 square feet of living space unfolds beneath soaring ceilings and fresh paint throughout. A dedicated office greets you just off the main entry where multiple living and dining areas converge. Open and airy, the kitchen provides ample storage and counterspace. For your owner's retreat, the primary suite is generously oversized and a private wing unto itself with two closets and a primary bathroom that has been completely reimagined with playful design. Three additional bedrooms and several flex spaces allow whatever your household needs: playroom, gym, second office, craft room, guest quarters, or a media room. Step outside and the privacy compounds: the yard is flat and functional with no neighbors behind and only on one side. The space feels genuinely secluded without sacrificing neighborhood energy. And that neighborhood delivers. West Cypress Hills features resort-caliber amenities: scenic hiking trails, sparkling pools, a vibrant neighborhood park, picnic areas, sport courts, and a sprawling open recreation field. This is a well-established community that enriches daily life. Ideally positioned just 36 miles from downtown Austin, 41 miles from Austin-Bergstrom International Airport, and a mere 15 minutes from the Hill Country Galleria, premier dining, Baylor Scott & White Hospital, as well as abundant shopping for everyday needs. This well-maintained home is close enough for convenience, yet far enough out for quiet. Your elevated Texas escape awaits!

Investor Tools

$289,773Estimated Mortgage Balance
$461,227Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,506 /month
Positive
Cash Flow Estimate:
$1,502 /month

Interested in this property?

Leigh Rowan

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,297/month
$201/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,805
$514,957
2025
$151,193
$363,764
$514,957
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,805
$514,957

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$319,757
No
First
Sep 30, 2021
Oct 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$289,773
$461,227
61%
39%
$1,918/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$2,119/mo
+$297/mo
3.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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