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$558,962

NAL Estimated Property Value

503 Errol Dr, Spicewood, TX, 78669

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,801 Sq Ft
price_per_sqft$208.22 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDouble Oven, Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator
FlooringCarpet, Tile

Exterior

Exterior FeaturesBoat Ramp, Private Yard, Rain Gutters
Lot Size17,520 sqft

Building Information

Year Built2013
Stories1
Roof Type105
Garage Spaces2

Land Information

APN01609503010000
Lot Number691
SubdivisionBriarcliff Inc Sec 15
Land UseResidential
Legal DescriptionLOT 691 BRIARCLIFF INC SEC 15
Census Tract035200
Assessed Land Value$135,441
Assessed Improvement Value$423,521
Assessment Year2025

About this property

Lovely Briarcliff Farmhouse with Custom Touches Throughout. Kitchen boasts earthy tones w/ wood cabinetry, granite, and slate. High - Beamed ceiling in Living w/ wood-burning stone fireplace. Master w/ walk-in closet and built-in shelving. Stained concrete and carpet floors. Exterior screened in porch and cedar deck. Very spacious/private yard. Fully irrigated lawn. Full gutters. Mature oak trees. One block off the lake. This cozy and welcoming home has been lovingly lived in and meticulously maintainedRestrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$558,962
Estimated Property Value
$355,103Estimated Mortgage Balance
$205,214Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,354 /month
Positive
Cash Flow Estimate:
$1,118 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$717/month
$215/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,810
$558,962
2025
$135,441
$423,521
$558,962
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,810
$558,962

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$389,600
No
First
Jul 15, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$355,103
$203,859
36%
64%
$2,336/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$2,551/mo
$-463/mo
4.5%

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 Errol Dr | Property Details | No Agent List