$712,000
NAL Estimated Property Value403 Cowal Dr N, Spicewood, TX, 78669
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
Exterior
Exterior FeaturesDock
Lot Size11,975 sqft
Building Information
Year Built2020
Stories2
Roof Type105
Garage Spaces2
Land Information
APN01589507390000
Lot Number623
SubdivisionBriarcliff Inc Sec 15
Land UseResidential
Legal DescriptionLOT 623 BRIARCLIFF INC SEC 15
Census Tract035200
Assessed Land Value$127,740
Assessed Improvement Value$525,267
Assessment Year2025
About this property
RARE level building site in beautiful Briarcliff w/ great trees, Hill Country views & likely 2nd story Lake Travis views. This is the perfect place to build your custom home or spec. Amenities include lake access/ramp, Briarcliff Marina, Willie Nelson's Golf Course, miles of greenbelt & hike/bike trails, parks, ponds, playground & more! All this is located near highly acclaimed Lake Travis schools, 15 mins from the Galleria & w/in close proximity of tons of shopping/dining/entertainment! LIVE LAKE TRAVIS!FEMA - Unknown Restrictions: Yes
Investor Tools
$712,000
Estimated Property Value
$361,665Estimated Mortgage Balance
$351,054Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,272 /month
Positive
Cash Flow Estimate:
$1,424 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$525/month
$215/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,734
$644,773
2025
$127,740
$525,267
$653,007
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,734
$644,773
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Susser Bank
Conventional
$403,012
No
First
Dec 30, 2020
Jan 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$361,665
$330,335
47%
51%
$2,417/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$2,632/mo
$-216/mo
4.1%
