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B+
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$692,000

406 N Ronay Dr, Spicewood, TX, 78669

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,859 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$244.49 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesOven, Convection Oven, Dishwasher, Disposal, Microwave, Electric Water Heater
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Private Yard, RV Hookup
Lot Size29,638 sqft

Building Information

Year Built1969
Stories2
Roof Type105
Garage Spaces2

Land Information

APN01589509240000
Lot Number796&797
SubdivisionBriarcliff Inc Sec 4
Land UseResidential
Legal DescriptionLOT 796&797 BRIARCLIFF INC SEC 4
Census Tract035200
Assessed Land Value$180,000
Assessed Improvement Value$442,444
Assessment Year2024

About this property

Willie Nelson's former home on the market! Step into a piece of Texas music history at 406 N Ronay Dr in Spicewood, the original home of legendary singer-songwriter Willie Nelson. Nestled in the heart of the Hill Country, this one-of-a-kind property offers endless views of Lake Travis and rolling hills, visible from almost every room of the house. This residence spans two floors with four bedrooms and three full baths, showcasing mid-century modern and Spanish design elements that blend character with modern comfort. The updated kitchen opens to generous living spaces that frame the natural beauty outside, while three separate balconies invite you to take in panoramic sunsets, fresh breezes, and the peaceful rhythm of nature where its not unusual to see deer right at your doorstep. Sitting on a rare double lot, this home offers privacy and a connection to the outdoors, all while being just moments from Austins vibrant culture, dining, and live music scene. Its Hill Country living with the city just down the road. Adding to its legacy, this property was featured alongside Willie Nelson and his family in the 1983 issue of Life Magazine, capturing candid moments of his home life, including an iconic workout session on the balcony. More than a home, this is a landmark of Texas heritage where music, nature, and history converge.

Investor Tools

Property Icon
$692,000
Estimated Property Value
$0Estimated Mortgage Balance
$692,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,194 /month
Positive
Cash Flow Estimate:
$1,398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$947/month
$625/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,907
$622,420
2024
$180,000
$442,444
$622,444
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,907
$622,420

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$692,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$625/mo
+$1,791/mo
4.2%

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.

Explore Texas Explore This Area
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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406 N Ronay Dr | Property Details | No Agent List