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$1,542,000

23732 Tres Coronas, Spicewood, TX, 78669

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,681 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$455.04 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Private PoolPrivate Pool
Lot Size10.10 acres

Building Information

Year Built2015
Stories2
Roof Type105
Garage Spaces2

Land Information

APN05540901080000
Lot Number10A
SubdivisionPaleface Ranch Subd Sec 2b
Land UseResidential
Legal DescriptionLOT 10A PALEFACE RANCH SUBD SEC 2B REVISED PLAT OF LOTS 10&11 BLK C
Census Tract035300
Assessed Land Value$299,213
Assessed Improvement Value$1,121,870
Assessment Year2025

About this property

BRING YOUR HORSES! Settled within the serene Paleface Ranch in Spicewood, Texas, sits a breathtaking property spanning 10 acres of picturesque landscape adorned with majestic trees and vibrant landscaping. The centerpiece of this estate is an immaculately crafted home, designed by Tyler O’Brien of Aqave Custon Homes. Approaching the residence along a graceful circle drive, one is immediately captivated by the elegance of the custom Style & Rail front door, hinting at the refinement within. Stepping inside, the main living room greets visitors with soaring beamed ceilings, a Chicago brick fireplace, and hand-scraped wood floors. Adjacent lies an expansive sunroom with floor-to-ceiling windows framing the inviting pool, seamlessly blending indoor and outdoor spaces. The heart of the home resides in the impeccably designed kitchen, where breathtaking views merge with everyday living. Featuring a farmhouse sink, exposed shelving, an Italian range, island, and sub-zero refrigerator, this culinary haven combines practicality with aesthetics. The primary suite, offers a serene retreat overlooking the pool and sprawling backyard. Its luxurious bathroom boasts a full glass shower area and freestanding soaking tub, while a customized California Closet ensures both functionality and sophistication. Throughout the residence, thoughtful touches such as wooden insets and walls enhance the house's natural charm and timeless appeal. Stepping onto the back porch reveals a captivating vista of the lush landscape, complete with a sparkling pool, flagstone pathways, and a cozy firepit, perfect for relaxation. For those in need of additional space, a bonus room above the detached garage awaits, offering endless possibilities for customization and versatility. In essence, this exquisite home in Paleface Ranch epitomizes luxury living, where impeccable craftsmanship, timeless design, and natural beauty unite to create an unparalleled retreat for the discerning homeowner.

Investor Tools

Property Icon
$1,542,000
Estimated Property Value
$1,000,001Estimated Mortgage Balance
$549,251Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,050 /month
Positive
Cash Flow Estimate:
$3,350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,371/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$1,421,083
2025
$299,213
$1,121,870
$1,421,083
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$1,421,083

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gravity Capital Llc A
Commercial
$1,000,001
No
First
Dec 15, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$994,209
$692,791
41%
64%
$5,996/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$5,996/mo
$-3,580/mo
1.9%

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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