Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Days478Days on Market
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$599,900

23601 Old Ferry Rd Unit 8, Spicewood, TX, 78669

$779,870 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,524 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 2017

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Exterior FeaturesDock
Lot Size3.22 acres

Building Information

Year Built2017
Stories1
Roof Type105
Garage Spaces2

Land Information

APN05580502010000
Lot Number9
SubdivisionMilam Ranch
Land UseResidential
Legal DescriptionLOT 9 & UNNUMBERED LOT MILAM RANCH
Census Tract035300
Assessed Land Value$1,095,000
Assessed Improvement Value$932,396
Assessment Year2025

About this property

WATER LEVELS ARE WAY UP!!! Check out the new photos! This property now has TRUE WATER FRONTAGE AND LAKE ACCESS!!! Discover a rare and affordable waterfront gem in the heart of Spicewood! This 2.8-acre lot boasts 200 feet of frontage on the Pedernales River (with a boat dock!), offering direct access to Lake Travis for boating, fishing, and endless recreation. Nestled in a serene setting near Briarcliff Marina and Pace Bend Park, this property is a nature lover’s paradise while still being conveniently located just outside of Austin. A rustic cabin with electricity sits on the land, providing a great starting point for your vision—whether it's a weekend getaway, an investment, or the site of your dream home. A septic system will need to be installed, but with utilities in place, the potential is limitless. Waterfront property at this price point in Spicewood is a rare find, making this an incredible investment opportunity. Don’t miss your chance to own a slice of the Texas Hill Country with direct river-to-lake access!

Investor Tools

Property Icon
$1,332,697
Estimated Property Value
$419,000Estimated Mortgage Balance
$925,778Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$779,870
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,996 /month
Positive
Cash Flow Estimate:
$2,665 /month

Interested in this property?

Jeremy Vandermause

Bramlett Partners

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$889/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,000
$1,332,697
2025
$1,095,000
$932,396
$2,027,396
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,000
$1,332,697

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Directions Equity Llc
Conventional
$419,000
No
First
Jul 25, 2017
Aug 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$407,894
$924,803
69%
31%
$2,933/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$2,933/mo
$-845/mo
1.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

23601 Old Ferry Rd Unit 8 | Property Details | No Agent List