Investor Opportunity-Unlock the potential of this rare 2.59-acre investment opportunity in the sought-after Spicewood area, just east of Austin.The land has already been cleared of brush and includes three existing structuresa main home, a casita, and a third building. Renovate the existing improvements to create multiple income-producing units and maximize cash flow, or remove the structures and start fresh with a custom luxury estate or redevelopment project.Whether your strategy is fix-and-hold, short-term rentals, long-term rentals, multi-generational living, or new construction,this property offers the flexibility to tailor the investment to your goals. This property presents an incredible opportunity to build equity in a highly desirable location with endless possibilities.BANK-OWNED being sold AS-IS, with no seller disclosures available. Buyers are encouraged to perform their own due diligence regarding the property’s condition, zoning, utilities, and intended use.
| MLS # | 74603382 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 47 |
| Listing Provided By | Premier Realty Group | Anyssa Woods |
| Acreage | 2.60 |
|---|
| Lot Features | Corner Lot |
|---|
| Tax Annual Amount | 12294 |
|---|
| State | TX |
|---|---|
| County | Travis |
| City | Spicewood |
| Zip Code | 78669 |
| Area | 83 |
| Community Name | Spicewood |
| Listing VS Median (in Spicewood) | |
Price: $399,000 low | high Med: $0 On site: 47 low | high Med: | |
| State | TX |
|---|---|
| County | Travis |
| City | Spicewood |
| Zip Code | 78669 |
| Area | 83 |
| Community Name | Spicewood |
| Listing VS Median (in Spicewood) | |
Price: $399,000 low | high Med: $0 On site: 47 low | high Med: | |