Off MarketRisky Deal-1 days on market
501 Alva Dr
501 Alva Dr, Spicewood, TX 78669, Spicewood, TX 78669
$750,000
Estimate®:$774,200$24,200 Under Market
Listing Price
501 Alva Dr, Spicewood, TX 78669
Loc: Spicewood, TX
Days Listed
-1
Tax Assessed
$697k
Estimate®
$774k
3% Under Valued
Lot Size
0.43 acres
Rent Estimate
$3,841/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
West Cypress Hills Elementary School
PK-5
4.4 mi away
10
Lake Travis Middle School
6-8
5 mi away
8
Lake Travis High School
9-12
7.5 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Single Family Residence20192 Garage spaces$27 monthly0.43 Acres$252
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
2.46%
Total ROI
12.3%
Cash Flow
$-2,354/mo
DSCR
0.40
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-2,354/mo net cash flow with a 2.5% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Spicewood, TX
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-04-28 | Listing removed | $799,900 | $269 |
| 2026-03-06 | Listed for sale | $799,900 | $269 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $7,203.08 | $696,561 |
| 2024 | $8,049.54 | $703,094 |
| 2023 | $7,681.61 | $666,338 |
| 2022 | $8,783.43 | $605,762 |
| 2021 | $0 | $550,693 |
| 2020 | $9,334.02 | $547,017 |
| 2019 | $7,518.18 | $352,261 |
| 2018 | $426.22 | $34,500 |
| 2017 | $426.22 | $20,000 |
| 2016 | $630.13 | $20,000 |
| 2015 | $630.13 | $28,000 |
| 2014 | $630.13 | $28,000 |
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