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$700,035

503 Alva Dr, Spicewood, TX, 78669

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,416 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$275.25 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Exhaust Fan, Microwave, Oven, Electric Oven, Plumbed For Ice Maker, Free-Standing Electric Range, Refrigerator, Stainless Steel Appliance(s), Electric Water Heater
FlooringConcrete, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting, Private Entrance, Private Yard
Lot Size18,770 sqft

Building Information

Year Built2017
Stories2
Roof Type105
Garage Spaces2

Land Information

APN05560105040000
Lot Number74
SubdivisionBriarcliff Inc Sec 1
Land UseResidential
Legal DescriptionLOT 74 BRIARCLIFF INC SEC 1
Census Tract035200
Assessed Land Value$137,183
Assessed Improvement Value$562,852
Assessment Year2025

About this property

Hill Country Views, Lake Access, and a Private Pool! Live the lake life with style and space at 503 Alva Dr—a custom-built retreat tucked into the heart of Briarcliff. Set on a large lot with sweeping Hill Country and lake views, this thoughtfully designed 4-bedroom, 3-bathroom home blends elevated finishes with everyday comforts! The heart of the home is an airy living space with wooden ceiling beams and an open-concept kitchen featuring granite countertops and loads of room to gather. A huge bonus loft upstairs offers panoramic views and flexible space for work or play. You’ll love the built-in mudbench crafted from original Austin High School lockers—a true local touch! Custom plantation shutters, spa-like primary bath with soaking tub and walk-in shower, and builder-grade upgrades round out the interior comforts. Enjoy a fully fenced yard with a sparkling custom pool, surrounded by old-growth oaks and wide open skies. With no neighbors to one side and room to roam, this home offers rare privacy with a laid-back feel. Located in highly rated Lake Travis ISD and within the amenity-rich Briarcliff community, residents have access to a marina, boat launch, golf course, disc golf, pickleball and basketball courts, dog park, hiking and biking trails, and a community center. Just minutes from Lakeway and the Hill Country Galleria, this home offers the ideal balance of peaceful lake living and everyday convenience. With few restrictions, a low 1.745 tax rate, and timeless charm throughout, this stunning home is a rare find in one of the Hill Country’s most beloved neighborhoods. Schedule a private showing today!

Investor Tools

Property Icon
$700,035
Estimated Property Value
$483,750Estimated Mortgage Balance
$219,793Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,200 /month
Positive
Cash Flow Estimate:
$1,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,005/month
$326/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,559
$700,035
2025
$137,183
$562,852
$700,035
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,559
$700,035

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Financing Unlimited Inc
Conventional
$483,750
No
First
Dec 2, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$480,949
$219,086
31%
69%
$2,901/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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503 Alva Dr | Property Details | No Agent List