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$706,022

NAL Estimated Property Value

708 Newport Dr, Spicewood, TX, 78669

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,499 Sq Ft
price_per_sqft$299.72 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt-In Electric Oven, Dishwasher, Disposal, Electric Cooktop, Microwave, Stainless Steel Appliance(s), Wine Cooler
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony, Gas Grill, Outdoor Grill
Lot Size12,380 sqft

Building Information

Year Built2023
Stories2
Garage Spaces2

Land Information

APN01549707180000
Lot Number1119
SubdivisionBriarcliff Inc Sec 12
Land UseResidential
Legal DescriptionLOT 1119 BRIARCLIFF INC SEC 12
Census Tract035200
Assessed Land Value$128,308
Assessed Improvement Value$577,714
Assessment Year2025

About this property

Built in 2023, this striking two-story modern farmhouse at 708 Newport Dr blends custom design, functionality, and Hill Country lifestyle into one beautifully crafted home. Offering 4 bedrooms, 2.5 baths, and 2,499 square feet, this residence delivers thoughtful spaces inside and out. The main level features an open-concept living area filled with natural light and clean modern finishes. The kitchen anchors the home with generous prep space, a walk-in pantry, and a small bar area perfect for coffee, cocktails, or entertaining. Just off the kitchen, a formal dining room serves as a flexible space for hosting, a home office, or additional living area. A standout custom feature greets you near the entry — a cozy reading nook tucked beneath the staircase, complete with a low-mounted pot filler, currently designed as a charming pet retreat. The primary suite is privately situated on the main floor and includes a spacious bath with dual vanities, large shower, and a large walk-in closet that conveniently connects directly to the laundry room. Upstairs offers three additional bedrooms sharing a full bath, plus a versatile flex space ideal for a homework station, office, or creative studio. Step outside to the rooftop-style terrace balcony — a true entertainer’s feature — offering front-facing Hill Country views and elevated outdoor living. The backyard is built for enjoyment with a full outdoor kitchen, dedicated entertaining area, and spa/hot tub for relaxing evenings under the Texas sky. A chicken coop adds a touch of homestead charm, while modern styling and custom elements throughout give this home distinctive character. Contemporary design, flexible living spaces, and exceptional outdoor features make this Spicewood property a rare find. Located in the Briarcliff/Spicewood area near Lake Travis, enjoy close proximity to marinas, golf courses, local wineries, restaurants, and convenient shopping, all while embracing the beauty and pace of Hill Country living.

Investor Tools

Property Icon
$706,022
Estimated Property Value
$127,792Estimated Mortgage Balance
$578,667Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,494 /month
Positive
Cash Flow Estimate:
$1,498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$857/month
$327/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,754
$706,022
2025
$128,308
$577,714
$706,022
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,754
$706,022

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plainscapital Bank
Stand Alone Second / Subordinate Position
$135,000
No
First
Apr 21, 2023
Apr 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$127,792
$653,208
83%
18%
$810/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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708 Newport Dr | Property Details | No Agent List