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$1,485,000

2701 Sailboat Pass, Spicewood, TX, 78669

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,345 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$448.43 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesOven, Dishwasher, Propane Cooktop, Refrigerator, Stainless Steel Appliance(s), Water Purifier Owned
FlooringCarpet, Stone, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesDock, Balcony, Boat Slip, Outdoor Grill
Lot Size1.98 acres

Building Information

Year Built1988
Stories2
Roof Type104
Garage Spaces2

Land Information

APN05761202360000
Lot Number19&20
SubdivisionRanch Sec 1 The
Land UseResidential
Legal DescriptionLOT 19&20 RANCH SEC 1 THE
Census Tract035300
Assessed Land Value$663,000
Assessed Improvement Value$933,112
Assessment Year2025

About this property

Rare acreage waterfront opportunity in Barton Creek Lakeside, one of the area’s most prestigious golf communities, set on nearly 2 acres and situated in a canopy of mature oak trees in a private, park-like setting. A long driveway leads to the home, offering exceptional privacy and a peaceful retreat. The property slopes down to Lake Travis and features a large, flat front and side yard along with expansive lake views from nearly every room, including all bedrooms. The living room and primary bedroom each feature a fireplace, and the spacious upstairs secondary bedrooms include one with a private sitting area. The primary bathroom features two separate bathrooms and closets. Outdoor living is designed for both relaxation and entertaining, featuring a pool and outdoor kitchen overlooking the lake, as well as multiple patios to take in the stunning views. An amazing waterfall has been built into the side of the hill near one of the patios to complement one's outdoor experience. A flagstone path winds through the beautifully landscaped grounds or take the tram down to the private boathouse and large dock that can accommodate two boats, all set on a quiet, deep cove. Many recent updates include new HVAC units, a whole-house generator, complete remodels of the primary bathrooms, pool plaster refinishing, new Trex decking on the upper patio, replacement of all ceiling fans, upgraded fireplace surrounds, and new chandeliers in the primary bedroom. Located within a 24-hour manned gated community featuring an 18-hole Arnold Palmer golf course, tennis courts, marina, fitness center, pool, and clubhouse, and a low tax rate of 1.55%.

Investor Tools

Property Icon
$1,485,000
Estimated Property Value
$836,587Estimated Mortgage Balance
$770,144Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,000 /month
Positive
Cash Flow Estimate:
$3,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,111/month
$1,833/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,903
$1,383,357
2025
$663,000
$933,112
$1,596,112
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,903
$1,383,357

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank America Fsb
Conventional
$836,587
No
First
Dec 5, 2019
Jan 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$714,856
$770,144
51%
48%
$3,528/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$5,361/mo
$-3,273/mo
1.7%

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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2701 Sailboat Pass | Property Details | No Agent List