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$2,244,456

23601 Old Ferry RD, Spicewood, TX, 78669

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size38.63 acres

Building Information

Year Built2003
Stories1

Land Information

APN05590602210000
SubdivisionBailey G W
Land UseAgriculture / Farming
Legal DescriptionABS 24309 SUR 512 BAILEY G W ACR 38.6338 (1-D-1)
Census Tract035300
Assessed Land Value$2,216,969
Assessed Improvement Value$27,487
Assessment Year2025

About this property

Stewarded by the Paul family since the 1950's and exchanging hands only 3 times since the Texas Land Grant of 1836, this approximate 16 acre ranch is ripe for your vision. Currently "Ag" exempt at 42.53 acres, with grazing pasture site, gorgeous building site, oaks and cedar trees are plentiful as well as the occasional native cactus on the property.

Investor Tools

Property Icon
$2,244,456
Estimated Property Value
$0Estimated Mortgage Balance
$2,244,456Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,467 /month
Positive
Cash Flow Estimate:
$4,489 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$969/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$406
$2,244,456
2025
$2,216,969
$27,487
$2,244,456
No

Tax History

Year
Tax Paid
Assessed Value
2024
$406
$2,244,456

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,244,456
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.

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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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23601 Old Ferry RD | Property Details | No Agent List