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$779,000

435 Spangenberg Rd, Blanco, TX, 78623

$1,012,700 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,335 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$333.62 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListMust-SellARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Free-Standing Range
FlooringConcrete, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesRV Hookup
Lot Size15.50 acres

Land Information

APN74-0024-0002-07 01
SubdivisionA- 24 Sur-809 A B & Moulton
Land UseAg Impts On Qualified Ag Land - Rural
Legal DescriptionA- 24 SUR-809 A B & MOULTON, ACRES 15.5, A-365 SUR-629 P LINNARTZ A-365 SUR-629 P LINNARTZ
Census Tract310603
Assessment Year2025

About this property

Your Country Getaway Awaits!! Airbnb, wedding venue, working farm! A few of many options on unrestricted property, CHECK OUT THIS 15 Acre Homestead! House, studio, cottage, pole barn, gardens, and barn/fencing for livestock. New Roof and Septic. 2 Wells on property. Unrestricted. Ag Exempt! There are several outbuildings which you can use as workshops, storage, RV/boat parking, etc! Main home is a charming cottage farmhouse! Tons of privacy - gated on multiple acres, but close enough that it's a fairly short ride to town! The ranch of your dreams awaits. Property features main house, large poll barn with new concrete slab power & water, stone cottage for guest house or rental income, detached studio with vaulted ceiling, stone porches, patios & walkways, organic garden with 12+ raised beds, 12+ fruit frees (peaches galore!), big oaks, heritage rock cistern with windmill powered well, barn with cross fencing for horses, goats, cattle, fenced chicken run with coop.

Investor Tools

$171,562Estimated Mortgage Balance
$281,794Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,012,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,674 /month
Positive
Cash Flow Estimate:
$1,558 /month

Interested in this property?

Joshua Payer

Keller Williams - Lake Travis

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$238/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$594
$167,019
2025
N/A
N/A
$169,453
No

Tax History

Year
Tax Paid
Assessed Value
2024
$594
$167,019

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Regional Bank
Conventional
$194,300
No
First
May 11, 2020
Jun 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$171,562
$316,438
64%
38%
$1,165/mo

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: Blanco

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