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.
| MLS # | 87271243 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1975 |
| Days On Site | 53 |
| Listing Provided By | Premier Realty Group | Anyssa Woods |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,406 |
| Story(s) | 1 |
| Acreage | 2.59 |
| Lot Features | Corner Lot, Wooded |
|---|
| Garage Yes / No | No |
|---|---|
| Parking Features | Additional Parking, Driveway |
| State | TX |
|---|---|
| County | Travis |
| City | Spicewood |
| Zip Code | 78669 |
| Area | 83 |
| Community Name | Spicewood Briarcliff |
| Listing VS Median (in Spicewood Briarcliff) | |
Price: $399,000 low | high Med: $0 On site: 53 low | high Med: | |
| State | TX |
|---|---|
| County | Travis |
| City | Spicewood |
| Zip Code | 78669 |
| Area | 83 |
| Community Name | Spicewood Briarcliff |
| Listing VS Median (in Spicewood Briarcliff) | |
Price: $399,000 low | high Med: $0 On site: 53 low | high Med: | |