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Christine Emanuel

[email protected] +1(512) 750-3800

$ 775,000

Est. payment -/mo

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25036 RIVER RD Spicewood, TX 78669

2 Beds

3 Baths

2,302 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,302 sqft

Price per Sqft $336

Subdivision Pedernales Bend

MLS Listing ID 5411129

Bedrooms 2

Full Baths 3

HOA Fees $50/ann

HOA Y/N Yes

Year Built 2012

Annual Tax Amount $8,922

Tax Year 2024

Lot Size 2.433 Acres

Acres 2.433

Property Sub-Type Single Family Residence

Source actris

Property Description

My theory on purchasing waterfront property is similar to buying stocks. "Buy Low....Sell High"! Yes, the water level is very low, but this creates a tremendous opportunity to purchase a waterfront property on 2.43 acres of beautiful hill country land at almost half the price the previous owner paid for it. This is where you make money on lakefront property. For those of you not familiar with Lake Travis and the Pedernales River, Lake Travis is not a constant level lake. It's always changing from a lack of (or too much) rain and evaporation caused by our hot Texas summers. Since the Pedernales feeds into Lake Travis, it dries up faster. Don't get all bummed out. What goes down will come back up. The lake was way down in 1994 when a microburst hit Llano County and dumped 25" of rain in a short period. Way too much rain in such a short time. Rain flew down the Llano River and filled Lake Travis to 4" below the spillway in four days. It made pulling your docks in quite an adventure due to the water rising so fast. I have a brilliant idea for the house. Skip converting the garage. I would hire an architect and create about a 1,500 square foot luxury master suite upstairs and make sure you have an enormous kick butt balconey giving yourself the most incredible view of the Pedernales River no matter if there is water or not. Since the water is low and you will be buying this low, it will be time to splurge a little. Maybe even build a tram down to the water so you won't have to deal with those steps unless you just want to "get your steps in". Plus, that tram will add a lot of value. One more thing: the Pedernales River is "the" place to water ski. The water is so blue and calm when it's full. So, let's write an offer. An opportunity like this only comes around during a drought!! You may want to consider building a second home on the property. Income-producing or a family compound.

Location

State TX

County Travis

Rooms

Main Level Bedrooms 2

Interior

Interior Features Breakfast Bar, Ceiling Fan(s), Coffered Ceiling(s), High Ceilings, Granite Counters, Double Vanity, Kitchen Island, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Wet Bar, See Remarks

Heating Central

Cooling Central Air

Flooring Concrete, Tile

Fireplaces Number 1

Fireplaces Type Gas Log

Fireplace No

Appliance Cooktop, Gas Cooktop, Microwave, Oven, Stainless Steel Appliance(s), Water Purifier

Exterior

Exterior Feature Private Yard, RV Hookup, See Remarks

Fence Wrought Iron

Pool None

Community Features Common Grounds, Fishing, Lake

Utilities Available Electricity Connected, Propane, Sewer Not Available, Underground Utilities

Waterfront Description Waterfront

View Hill Country, Lake

Roof Type Composition

Porch Covered, Patio

Total Parking Spaces 4

Private Pool No

Building

Lot Description Landscaped, Level, See Remarks

Faces Southwest

Foundation Slab

Sewer Septic Tank

Water Well

Level or Stories One

Structure Type Frame,Stucco

New Construction No

Schools

Elementary Schools West Cypress Hills

Middle Schools Lake Travis

High Schools Lake Travis

School District Lake Travis Isd

Others

HOA Fee Include See Remarks

Special Listing Condition In Foreclosure

Listed by RE/MAX Fine Properties

Christine Emanuel

Advisor | License ID: 682255

+1(512) 750-3800

Christine Emanuel

25036 RIVER RD Spicewood, TX 78669

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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25036 RIVER RD