About this property

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.Property offers an incredible opportunity to build equity in a sought-after 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.

Features and Additional Information