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$699,000

Lot 8, blk. A, sec.2B Likeness RD, Spicewood, TX, 78669

On MarketInfo

About this property

WOW! THIS IS A FANTASTIC 1.93 ACRE RIVER FRONT LOT WITH AN AMAZING ROCK PATIO AREA FOR PARKING DOWN BY THE RIVER AND ABSOLUTELY BREATHTAKING ROCK OUTCROPPINGS AND ADDITIONAL STEPS DOWN TO GENTLE SLOPE INTO THE WATER! Seller has currently been in the process of unplatting this lot and the adjacent lot back to the original plat. There is a road on the adjacent lot that drives right down to the water but comes across to this rock patio area. Not many waterfront lots in Paleface have easy access to the water. Possible road agreement with whomever buys lot 7. Both lots offered in MLS for $1,299,000. Seller is motivated and would like to get these 2 lots sold. Bring your own builder. Builder must be approved to build. One of the lowest prices for a waterfront lot in this community AND has access!!

Investor Tools

$0Estimated Mortgage Balance
$699,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,194 /month
Positive
Cash Flow Estimate:
$1,398 /month

Interested in this property?

Richard Naumann

The Elite Property Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$800/month
5.947%

City: Spicewood

Lot 8, blk. A, sec.2B Likeness RD | Property Details | No Agent List