Last 24 Hours
$625,000
Lot 7, Blk. A Sec. 2B Likeness Rd RD, Spicewood, TX, 78669
On Market
About this property
PEDERNALES RIVER FRONT LOT WITH EASY ACCESS DOWN TO THE RIVER. ADJACENT LOT 8 IS AVAILABLE AS WELL AND CAN BE PURCHASED TOGETHER FOR $1,299,000. OWNER IS CURRENTLY IN THE PROCESS OF REPLATTING THE 2 LOTS BACK TO THE ORIGINAL LOTS. GATED COMMUNITY ALONG THE PEDERNALES RIVER WITH A COMMUNITY BOAT LAUNCH AND PARKING AREA AND ALLOWS 2 HORSES PER/LOT. DRIVE RIGHT DOWN TO THE RIVER AND WALK TO THE RIVER'S EDGE. PERFECT SPOT, WITH A GENTLE SLOPE, FOR BOAT DOCK! POSSIBLE ROAD AGREEMENT COULD BE MADE WITH LOT 8 OWNER AS THE ROAD NOW COMES DOWN THIS LOT AND THEN TURNS ONTO LOT 8. TEXT AGENT FOR GATE CODE
Investor Tools
$0Estimated Mortgage Balance
$625,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,750 /month
Positive
Cash Flow Estimate:
$1,250 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
12.4%