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$921,661

NAL Estimated Property Value

240 Ridge Dr, Spicewood, TX, 78669

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,872 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$212.07 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesGas Cooktop, Dishwasher, Disposal, Dryer, Microwave, Free-Standing Range, Stainless Steel Appliance(s), Trash Compactor, Washer, Water Heater
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesDock, Private Yard
Lot Size22,521 sqft

Building Information

Year Built1985
Garage Spaces1

Land Information

APN13215
Lot Number22,PT
SubdivisionEagle Bluff
Land UseResidential
Legal DescriptionS4230 EAGLE BLUFF LOT 22 & PT OF LOTS 23 & 43, & 0.25 OUT OF AB477
Census Tract960803
Assessed Land Value$289,520
Assessed Improvement Value$632,141
Assessment Year2025

About this property

Rare Deep Water Hideaway on South Shore Lake Travis 3 bedroom 1 story with a separate bonus/guest room below, waterfront dock with a boat slip and dual jet ski lifts! Deepwater, great fishing and surfing area! Outdoor landings & patios are great for hosting BBQs, family reunions, & any special occasion! Within close proximity to many vineyards with great views, live music, food, & art.FEMA - Unknown Guest Accommodations: Yes Restrictions: Yes

Investor Tools

Property Icon
$921,661
Estimated Property Value
$508,594Estimated Mortgage Balance
$414,123Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,530 /month
Positive
Cash Flow Estimate:
$1,843 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,407/month
$35/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,275
$921,661
2025
$289,520
$632,141
$921,661
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,275
$921,661

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mega Capital Funding Inc
Conventional
$510,400
No
First
Apr 24, 2020
May 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$508,594
$413,067
44%
55%
$3,455/mo

City: Spicewood

240 Ridge Dr | Property Details | No Agent List