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B+
NoAgentList RatingHow are grades calculated?Info

$834,395

NAL Estimated Property Value

23705 Tres Coronas, Spicewood, TX, 78669

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,981 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$441.7 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

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

Exterior

Lot Size5.02 acres

Building Information

Year Built1998
Stories1
Roof Type105
Garage Spaces12

Land Information

APN05540703010000
Lot Number23
SubdivisionPaleface Ranch Subd Sec 2b
Land UseResidential
Legal DescriptionLOT 23 BLK B PALEFACE RANCH SUBD SEC 2B
Census Tract035300
Assessed Land Value$251,000
Assessed Improvement Value$666,235
Assessment Year2025

About this property

Absolutely gorgeous 5-acre property located in Paleface Ranch. This home sits on one of the most beautiful lots in the community with mature oak trees and gentle rolling slopes of the Hill Country. The main home is a single-story, farmhouse style with 3 bedrooms and 2 bathrooms, a spacious living room with a vaulted ceiling and fireplace, a dining area, and a kitchen with a huge walk-in pantry. This home has been lovingly maintained and updated with wood floors, wood paneling on the ceiling, a renovated kitchen with granite counters and high-end appliances, two remodeled bathrooms with updated tile, counters, and sinks, and a metal roof. The main bedroom has a spacious walk-in closet and large walk-in shower, one guest room has a built-in murphy bed and custom shelves, and the other bedroom has a magnificent arched window that overlooks the front yard. This home has just been painted and is move-in ready! It is just waiting for the next owners who will cherish it. In addition to the main home, there is a huge warehouse that is large enough to store an RV or boat, or multiple cars. The warehouse has its own private entrance and driveway. Behind the warehouse is a smaller outbuilding that was previously used as an art studio. In front of the main home is also a 2-car detached garage with a storage area above it. The entire property is fenced and cleared of underbrush and full of oak trees. Paleface Ranch is the perfect neighborhood to relax and enjoy the peace of the Texas Hill Country, while still being conveniently located to shopping and restaurants at the Hill Country Galleria. It is a private gated community with a boat ramp on the Pedernales River, and is zoned for Lake Travis ISD schools.

Investor Tools

Property Icon
$834,395
Estimated Property Value
$244,426Estimated Mortgage Balance
$590,395Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,250 /month
Positive
Cash Flow Estimate:
$1,750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,126/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,345
$834,395
2025
$251,000
$666,235
$917,235
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,345
$834,395

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financial Network Inc
Conventional
$260,000
No
First
Jan 4, 2023
Feb 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$244,426
$641,574
72%
29%
$1,559/mo

Learn About the Market: Opportunity in Texas

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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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23705 Tres Coronas | Property Details | No Agent List