For SaleRisky Deal256 days on market
438 Rees Landing Rd
438 Rees Landing Rd, Spicewood, TX 78669, Spicewood, TX 78669
$875,000
Listing Price
438 Rees Landing Rd, Spicewood, TX 78669
Loc: Spicewood, TX
Days Listed
256
Lot Size
1.02 acres
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.
7
Spicewood Elementary School
PK-5
0.4 mi away
4
Marble Falls Middle School
6-8
11.2 mi away
4
Marble Falls High School
9-12
10.2 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 Residence2026Central, ENERGY STAR Qualified Equipment, PropaneCeiling Fan(s), Central Air, Electric, ENERGY STAR Qualified Equipment3 Attached Garage spaces$1,200 annually1.02 Acres256 Days$272
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.99%
Total ROI
67.3%
Cash Flow
$-901/mo
DSCR
0.80
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-901/mo net cash flow with a 5.0% 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 |
|---|---|---|---|
| 2026-08-21 | Price change | $875,000 | $272 |
| 2026-07-02 | Price change | $895,000 | $278 |
| 2026-06-24 | Price change | $899,000 | $280 |
| 2026-06-23 | Price change | $895,047 | $278 |
| 2026-05-12 | Price change | $899,000 | $280 |
| 2026-04-22 | Price change | $925,000 | $288 |
| 2026-03-15 | Price change | $960,000 | $299 |
| 2026-02-20 | Price change | $999,000 | $311 |
| 2026-01-08 | Price change | $1,010,000 | $314 |
| 2025-12-24 | Price change | $990,000 | $308 |
| 2025-10-25 | Listed for sale | $992,241 | $309 |
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