Texas Land & Home Search

Good morning Steve and Rosemary,

It was wonderful speaking with both of you on Monday. I do hope Florida is as sunny as Austin is now. It is 80 degrees today and has been warm enough to play cards on the patio at night. I can’t say I’m missing the snow back in Kentucky. I want to share some exciting properties with you, the home featured below is 4,000+/-SQFT, features a guest home, 76 acres and 1800 feet of spring-fed Alligator Creek. Located down a paved county road at a 900 foot concrete drive, this home is ideal for those seeking privacy and open views. This house was designed with energy efficiency in mind, taking advantage of the surrounding 76 acres of native and improved grass, trees and panoramic views. Included in the acreage are rights to both sides of Alligator Creek… there aren’t any Alligators but it does feature a 12,000 gallon storage tank. Please find additional properties with Land & Home below, These homes are located in desirable areas near Austin with intriguing market statistics and leverage. The Spicewood Springs area has seen an increase in activity. It’s proximity to Austin, new avenues of transportation, low tax rates and lack of HOA dues, allow these homes to accentuate  any lifestyle. Given the impending changes to the tax code, I believe our sellers are motivated. I am dedicated to finding the perfect property for your investment and lifestyle goals, what features in your current home do you value most? What additional features would you like in your new home?  I will send you the land listings in an email to follow. In the mean time, I am happy to dig up dirt on any properties you may be considering now or happen to run across. To keep within your timeline we’d want all the information as quickly as possible.

I look forward to working with you,

  

Michelle Adams,

REALTOR® GRI, CNE

Real Estate Consultant

512.574.2969 cell | 512.812.4412 fax  | 512.222.6636 Office

Property Features

Views: Hill Country ,Fields , Panoramic

Barn/Stable

Outbuildings

Patio-Covered

Porch Open

Horse Facilities

Storage BuildingPorch:Open PorchSprinklers:In-ground

Multiple YardsProperty Tax:$7975.89 annually

Current HOMESTEAD, SENIOR TAX EXEMPTIONS, AG APPRAISAL

Detached garage is previous home with fireplace, exercise and tv, can be coverted back to 2200 sf home. 76 acres of native and improved grass, both sides of spring-fed alligator creek. House faces W, with evening views facing E, away from the sun. On a paved, county maintained road.
Elementary School: Spicewood
Middle School: Marble Falls N/A
High School: Marble Falls
School District: Marble Falls ISD
Waterfront: Y
View: Y
 
Building
Bedrooms: 3
Full Baths: 3
Partial Baths: 1
# Stories: 2
Living Area (SqFt): 4,163
Garage Spaces: 4
Year Built: 2007
Lot Size (Acres): 76.68
 
Financials
List Price: $1,990,000
Orig. Price: $2,100,000
Assessed Value: $476,913
AG APPRAISAL

on acreage $7,891

Monthly Taxes:$665

Current HOMESTEAD, SENIOR TAX EXEMPTIONS,

(+) Improvement Homesite Value: + $445,022
(+) Improvement Non-Homesite Value: + $0
(+) Land Homesite Value: + $24,000
(+) Land Non-Homesite Value: + $0  Ag / Timber Use Value
(+) Agricultural Market Valuation: + $484,086 $7,891
(+) Timber Market Valuation: + $0 $0
————————–
(=) Market Value: = $953,108
(–) Ag or Timber Use Value Reduction: $476,195
————————–
(=) Appraised Value: = $476,913
(–) HS Cap: $0
————————–
(=) Assessed Value: = $476,913

Tax Information

93% Improved : Assessment & Tax

Assessment Year 2012 – Preliminary 2011 2010 2009
Market Value – Total $953,108 $953,108 $953,108 $953,108
Market Value – Land $508,086 $508,086 $508,086 $508,086
Market Value – Improved $445,022 $445,022 $445,022 $445,022
Assessed Value – Total $476,913 $476,913 $476,913 $476,913
YOY Assessed Change ($) $0 $0 $0
YOY Assessed Change (%) 0% 0% 0%
Tax Year Tax Amount – Estimated YOY Tax Change ($) YOY Tax Change (%)
2010 $7,921
2011 $7,976 $55 0.7%
2012 $7,976 $0 0%
Jurisdiction Tax Amount Tax Rate
Burnet County $1,589.07 .3332
Burnet County Special $186.95 .0392
Marble Falls ISD $6,152.18 1.29
Central Texas Gwcd $47.69 .01
Characteristics

Land Use: Farms Porch: Porch
State Use: Farm-Rnch-Imps Residence Garage Type: Garage
Lot Acres: 84.68 Garage Capacity: MLS: 4
Building Sq Ft: 4,163 Garage Sq Ft: 1,792
Gross Area: 4,163 Roof Type: Gable
Stories: MLS: 2 Roof Shape: Gable
Bedrooms: MLS: 3 Interior Wall: Stone
Total Baths: Tax: 2 MLS: 4 Foundation: Slab
Full Baths: Tax: 1 MLS: 3 Floor Cover: Carpet/Vinyl
Half Baths: 1 Year Built: MLS: 2007
Features

Feature Type Size/Qty Value
Garage 1,792 $47,981
Porch 360 $4,820
Storage $1,000
Storage $1,000
Barn 1 $500
Storage $1,000
Listing Information
Current Listing Price: $1,990,000
Original Listing Price: $2,100,000
MLS Status Sold Expired Expired
MLS Listing Date 04/08/2005 04/30/2002 09/28/2001
MLS Orig Listing Price $850,000 $0 $0
MLS Listing Price $850,000 $790,000 $790,000
MLS Close Date 06/20/2005
MLS Listing Close Price $800,000 $0 $0
MLS Listing Expiration Date 07/09/2005 01/29/2003 03/06/2002

Price and Days Listed Analysis

Price and Days Listed Analysis

$1,990,000 192 4,163 3 3
Sold Properties
Address List Price Sold Price Days Listed Sale Date SqFt Bedrooms Bathrooms
533 Wesley Ridge DR $379,000 $350,000 133 Aug 03, 2012 3,436 3 3
209 Double Horn TRL $450,000 $435,000 55 Oct 17, 2012 3,681 4 2
1401 Ridge Harbor DR $449,000 $410,000 210 Nov 01, 2012 3,000 3 2
132 Hidden Springs CT $599,000 $560,000 83 Mar 26, 2012 3,310 3 3
2431 FOUNDERS CIR $295,000 $281,300 80 May 14, 2012 2,446 3 3
708 Wesley Ridge DR $259,900 $237,500 136 Oct 05, 2012 2,944 4 3
101 Flint Rock TRL $649,000 $630,000 41 Jul 11, 2012 3,733 3 4
26801 Founders Pl $419,000 $384,500 353 Aug 24, 2012 2,925 3 2
26605 Hunters Grove CT $325,000 $285,000 309 Sep 12, 2012 2,457 3 2
Active Properties
Address List Price Sold Price Days Listed Sale Date SqFt Bedrooms Bathrooms
331 Coventry RD $699,900 128 2,910 3 3
117 A Keswick Dr. $325,000 26 2,406 3 3
1017 Coventry RD $699,900 129 3,088 3 3
1000 Deerpath WAY $484,500 6 4,790 4 4
411 Coventry RD $699,000 122 2,522 3 2
211 Hill Loop $499,000 3 2,941 3 3
500 Contrails WAY $1,699,999 18 6,553 4 3
343 Coventry RD $549,000 84 3,542 4 3
510 Coventry RD $237,500 157 1,990 3 2
840 County Road 421 $1,675,000 73 3,896 3 2
509 Coventry RD $779,000 242 3,441 4 4
604 Littlewin $135,000 35 1,304 3 2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Where exactly is Spicewood located?

Spicewood is located on the south side of Lake Travis, along Hwy 71. It is just west of the City of Bee Cave.

What is the average price of the homes?

The average price of a home in Spicewood is $443,000, with prices ranging from $199,000 to $4,750,000.

What is the average age of the homes?

The average age of a home in Spicewood is 10 years, with homes built between 1960 and 2008.

What is the average size of the homes?

Homes in Spicewood have an average size of 2,400 square feet, with actual sizes ranging from 864 to 6,100 square feet.

How long do homes stay on the market?

Homes in this neighborhood are currently on the market for an average of 44 days.

Why do residents choose to live there?

Some of the neighborhoods in Spicewood offer acreage lots, Hill Country or lake views, and access to Lake Travis.

What are some negatives of living there?

I suppose the folks who choose to live in Spicewood don’t consider it a negative, but it’s a bit of a drive to the grocery

store and shopping.

What are the public schools like?

The eastern side of Spicewood attends Lake Travis schools, and the western part of Spicewood attends Marble Falls schools.

How close are the schools?

Lake Travis schools are located 8 to 10 miles from Spicewood, and Marble Falls schools are located 1 to 12 miles from Spicewood.

Are there any private schools nearby?

There are a couple of private schools located in Spicewood.

Are there any pre-schools nearby?

Yes, there is a pre-school located in Spicewood.

What kind of amenities are offered?

Communities in this area vary greatly in what they offer. There are golf courses, parks, lake access, equestrian facilities,

and wineries in the area.

Are there any organized community groups or community activities?

There are neighborhood groups in several of the Spicewood neighborhoods.

What are the most sought after streets?

There are many choices of lifestyle in the Spicewood area, and I don’t think any one street is the most sought after.

What are the most popular neighborhoods?

Residents can enjoy lake living, acreage property, and everything in between. The most popular of those would be hard to

determine, as everyone is looking for something different.

Where do people go out to eat?

Some of the great places to eat in Spicewood include Backstage, Opie’s BBQ, and the Lake House Café.

Where do people shop for groceries?

If you live in Spicewood, the closest grocery is the market at the corner of Highway 71 and Pace Bend Road, or the market

at the corner of Highway 71 and Spur 191 (Hollingsworth Corner). For a larger grocery store, you can drive to Bee Cave or Lakeway.

Where do people workout?

People in Spicewood workout at the lake or may drive into Bee Cave or Lakeway for the health clubs.

What kind of organized sports are offered?

Lake Travis Youth Association organizes sports in the Spicewood area. They have basketball, baseball, soccer, lacrosse,

volleyball, softball, cheer, and tennis.

What is the traffic like when commuting to downtown?

Traveling from Spicewood is highway driving until you reach the City of Bee Cave. From there,

the speed limit is 55 to 60 MPH with traffic lights until you reach Westlake, where speed limits drop to 35 MPH.

How long does it take to commute downtown?

It takes 45 minutes to commute downtown from Spicewood on a typical day.

How long does it take to drive to the airport?

It takes about an hour to drive to the airport from Spicewood in average, daytime traffic.

What is Ag Appraisal in Texas?
We have informational packets available about the Ag Appraisal process and how it can save you money…

Michelle Adams,

Ultima Real Estate

Real Estate Consultant

Please review Information about brokerage services

LAND, RESIDENTIAL & COMMERCIAL

Sales | Leasing | Purchasing

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