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$1,755,000

5012 Hupedo Ranch RD 2, Spicewood, TX, 78669

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths480 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$3,656.25 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 3Bathrooms Half 3
Garage AvailableGarage Available
AppliancesElectric Range, Free-Standing Electric Oven, Free-Standing Refrigerator, Stainless Steel Appliance(s)
FlooringConcrete

Exterior

Exterior FeaturesLighting, Private Yard
Lot Size34.50 acres

Building Information

Year Built2000
Stories1
Garage Spaces1

Land Information

APN05422601240000
SubdivisionMilam B B
Land UseResidential
Legal DescriptionABS 2172 SUR 640 MILAM B B 34.5000 ACRES
Census Tract036500
Assessed Land Value$2,394,141
Assessed Improvement Value$58,661
Assessment Year2025

About this property

Lot 2 – Breezy River Ranch | 5012 Hupedo Ranch Rd | +/- 13 Acres | Pedernales River Frontage Tucked in the heart of the Texas Hill Country, this +/- 13-acre tract at Breezy River Ranch offers everything today’s land buyers seek: usable topography, river frontage, and existing infrastructure. With water levels up, the Pedernales River is flowing strong; this stretch is known for its reliability even during droughts. The property features +/- 400 feet of elevated river frontage with a gentle slope to a limestone bluff; ideal for long-range views. A metal staircase will be required for river access. Key improvements include a shared well, private septic, and a well-appointed luxury cabin, perfect as a guest house, weekend getaway, or temporary living quarters while you plan your dream home. The tract is dotted with mature oaks and native grasses, offering multiple homesites with sweeping canyon, ridgeline, and river views. Lightly wooded and private, Lot 2 is ideal for a recreational retreat, STR investment, or future homestead. With water, views, and infrastructure already in place, it’s a rare find just 15 minutes from Bee Cave and 45 minutes from downtown Austin. Lot 2 (+/- 13 acres) can be purchased on its own or combined with the adjoining Lot 1 (+/- 17 acres) and Villa for a total of +/- 36.71 acres of riverfront paradise.

Investor Tools

$0Estimated Mortgage Balance
$2,910,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,460 /month
Positive
Cash Flow Estimate:
$5,820 /month

Interested in this property?

Johnny Devora

Devora Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,515/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,628
$713,302
2025
$2,394,141
$58,661
$2,452,802
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,628
$713,302

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,910,000
100%
0%
$0/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.

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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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5012 Hupedo Ranch RD 2 | Property Details | No Agent List