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$430,000

NAL Estimated Property Value

22200 Elgin Dr, Spicewood, TX, 78669

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,429 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$227.08 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesMicrowave, Free-Standing Range
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size24,272 sqft

Building Information

Year Built1996
Stories1
Roof Type105
Garage Spaces2

Land Information

APN01589706010000
Lot Number367
SubdivisionBriarcliff Inc Sec 9 Amended
Land UseResidential
Legal DescriptionLOT 367 BRIARCLIFF INC SEC 9 AMENDED
Census Tract035200
Assessed Land Value$142,208
Assessed Improvement Value$214,791
Assessment Year2025

About this property

Charming stone home on over 1/2 an acre with wrought iron fence. Stone fireplace with log mantle, walk-in closets for all, new paint, open concept and plenty of windows open to fenced backyard. Large wood deck for grilling and dining. Owner has maintained an organic vegetable garden with absolutely no chemicals. This home has been well maintained with all new appliances, new HVAC, septic pump, water heater, all in the last 5 years. You will not find a home in LTISD for this charm and price.Restrictions: Yes

Investor Tools

Property Icon
$430,000
Estimated Property Value
$144,943Estimated Mortgage Balance
$285,057Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,580 /month
Positive
Cash Flow Estimate:
$860 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$277/month
$215/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,178
$338,789
2025
$142,208
$214,791
$356,999
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,178
$338,789

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Va
$160,250
Yes
First
May 10, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$144,943
$289,057
66%
34%
$961/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$1,176/mo
+$912/mo
5.8%

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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22200 Elgin Dr | Property Details | No Agent List