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 structures"”a 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 foreclosure 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.
Property Type(s):
Single Family
SCHOOLS
| Elementary School |
West Cypress Hills |
| Jr. High School |
Lake Travis Middle School |
| High School |
Lake Travis High School |
Additional Details
| AIR |
Other |
| AIR CONDITIONING |
Yes |
| AREA |
83 |
| CONSTRUCTION |
Stucco, Wood Siding |
| HEAT |
Other |
| LOT |
2.59 acre(s) |
| LOT DESCRIPTION |
Corner Lot, Wooded |
| PARKING |
Additional Parking |
| STORIES |
1 |
| STYLE |
Farmhouse, Other, Ranch, Traditional |
| SUBDIVISION |
Spicewood Briarcliff |
| WATER |
Well |
Location
Listed with Premier Realty Group
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The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS.
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