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$286,000

NAL Estimated Property Value

3809 Spicewood Springs RD 229, Austin, TX, 78759

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths871 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$344.32 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
AppliancesDishwasher, Disposal, Microwave, Free-Standing Electric Range, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer
FlooringBamboo, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Private Entrance
Lot Size2,500 sqft

Building Information

Year Built1982
Stories1
Roof Type105

Land Information

APN01420110320028
Lot Number114
SubdivisionSpicewood Point Townhomes Amended
Land UseCondominiums
Legal DescriptionUNT 229 BLD F SPICEWOOD POINT TOWNHOMES AMENDED PLUS 1.3344% INTEREST IN COMMON AREA
Census Tract032200
Assessed Land Value$60,039
Assessed Improvement Value$188,481
Assessment Year2025

About this property

One bedroom & bonus loft! FHA-approved warrantable condo & covered parking! Freshly painted & upgraded with refrigerator (2022), new HVAC & water heater (2021), & new range (2020). Monthly COA fee includes water/sewer, trash, pest treatments, common area maintenance & insurance. Efficient design & modern upgrades are embodied in this gorgeous townhome located in the coveted Spicewood Point Townhomes, a 53-unit community nestled in the NW Hills area. This well-designed 871-square-foot home is spacious and surrounded by numerous shade trees. Bldg F of Spicewood Point was rebuilt in 1999 after a fire, and this unit is one of the newer condos in the area. This is an end unit with a private stair and entry not shared with other units. Inside, vaulted ceilings, wood floors, and many windows make the living area bright and airy. A blend of open concept and defined spaces make this home comfortable and welcoming. You have a fireplace for chilly winter evenings and a private covered balcony patio for entertaining. The balcony includes bonus storage. You have a custom-made welded spiral staircase that is the focal point of this beautiful space. Up the spiral staircase you’ll find a sizable loft that overlooks the living area, ideal as a guest area or home office. Your galley kitchen features a breakfast bar with updated quartz counters and new appliances including a stainless range and refrigerator. French doors lead to your primary suite with high ceilings, a ceiling fan, and natural light from multiple directions. There’s a second covered balcony off the bedroom for morning coffee or relaxing with evening beverages. The bathroom has an extended single vanity with a recent glass artisan vessel sink and a tub/ shower combo. Your in-unit laundry is located in your ensuite closet, including cabinets for storage. The reserved parking space is covered & located in front of the unit. Close to Mopac, 183, and 360 with easy access to the Domain, downtown, and much of central Austin.

Investor Tools

Property Icon
$286,000
Estimated Property Value
$269,810Estimated Mortgage Balance
$16,190Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$438/month
$317/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,830
$248,520
2025
$60,039
$188,481
$248,520
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,830
$248,520

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Waterstone Mortgage Corp
Fha
$280,321
Yes
First
Mar 1, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$269,810
$16,190
5%
94%
$1,681/mo

City: Austin

3809 Spicewood Springs RD 229 | Property Details | No Agent List