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$644,000

NAL Estimated Property Value

705 E Summit Dr, Spicewood, TX, 78669

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,820 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$281.91 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size25,696 sqft

Building Information

Year Built2014
Stories2
Roof Type105
Garage Spaces2

Land Information

APN01549713170000
Lot Number13
SubdivisionBriarwood Knoll Sec 2 Replat Of The
Land UseResidential
Legal DescriptionLOT 13 BRIARWOOD KNOLL SEC 2 REPLAT OF THE
Census Tract035200
Assessed Land Value$143,480
Assessed Improvement Value$469,916
Assessment Year2025

About this property

Beautifully crafted throughout, this immaculate Spicewood home will make anyone proud to call it their very own! The cul-de-sac setting and peaceful neighborhood feel miles away from the stress of everyday life. Stone accents, a towering shade tree, and a gated entry lend impressive curb appeal. Inside, your open-concept interior, highlighted by a fireplace and a soaring ceiling, provides a relaxing ambiance as you gather with guests. Multiple large windows bring in tons of natural light while framing picturesque views of stunning natural surroundings and star-filled Texas skies. Rich cabinetry, stainless steel appliances, ample prep space, and a multi-seater island equip the avid cook as they whip up meals in the gourmet kitchen. Grab your morning coffee and head outside to watch the wide variety of wildlife that visits your gorgeous backyard. As a premium perk, you'll have an attached 2-car garage, plus easy access to nearby parks and dining options. Everything you could ever ask for awaits in this move-in-ready abode, so come take a tour before it's gone for good!

Investor Tools

Property Icon
$644,000
Estimated Property Value
$323,201Estimated Mortgage Balance
$321,369Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,770 /month
Positive
Cash Flow Estimate:
$1,590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$870/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,222
$613,396
2025
$143,480
$469,916
$613,396
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,222
$613,396

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gardner Financial Services Ltd
Conventional
$345,000
No
First
Nov 7, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$323,201
$324,799
50%
50%
$2,069/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$2,069/mo
+$347/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.

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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705 E Summit Dr | Property Details | No Agent List