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$714,000

NAL Estimated Property Value

389 Turkey Tree Rd, Spicewood, TX, 78669

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,872 Sq Ft
price_per_sqft$200.32 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Free-Standing Range
FlooringLaminate, Tile

Exterior

Lot Size2.61 acres

Building Information

Year Built1988
Garage Spaces3

Land Information

APN124352
SubdivisionAllison Williams
Land UseSingle Family Waterfront
Legal DescriptionABS A0976 ALLISON WILLIAMS, 2.61 ACRES
Census Tract960802
Assessed Land Value$54,395
Assessed Improvement Value$586,039
Assessment Year2025

About this property

Direct view of Lake Travis~2b/2b home, well, great sun room, direct access to the lake, 5+ acres. Second building is framed without sheet rock, still time to make changes, plumbed for for possible baths, office, flex space, kitchen, metal roof. Great vacation, VRBO. So many possibilities you are almost waterfront, LCRA owned waters edge in the cove but a side road on the property will take you to the water or voluntary HOA has park w/boat ramp area at the end of Turkey Tree Rd.FEMA - Unknown Restrictions: Yes

Investor Tools

Property Icon
$714,000
Estimated Property Value
$125,492Estimated Mortgage Balance
$588,911Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,284 /month
Positive
Cash Flow Estimate:
$1,428 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$787/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,879
$619,669
2025
$54,395
$586,039
$640,434
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,879
$619,669

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security State Bank & Trust
Unknown
$172,000
No
First
Feb 4, 2014
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$125,492
$627,508
83%
18%
$0/mo

City: Spicewood

389 Turkey Tree Rd | Property Details | No Agent List