For SaleRisky Deal178 days on market
406 Coventry Road
406 Coventry Road, Spicewood, TX 78669-3119, Spicewood, TX 78669
$489,000
Listing Price
406 Coventry Road, Spicewood, TX 78669-3119
Loc: Spicewood, TX
Days Listed
178
Tax Assessed
$493k
Lot Size
0.50 acres
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
7
Spicewood Elementary School
PK-5
2.2 mi away
4
Marble Falls Middle School
6-8
11.7 mi away
4
Marble Falls High School
9-12
10.4 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 Residence, Residential1986Central, ElectricCentral Air1 Attached Garage space0.50 Acres178 Days$216
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.98%
Total ROI
67.0%
Cash Flow
$-510/mo
DSCR
0.80
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-510/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 |
|---|---|---|---|
| 2026-09-11 | Listed for sale | $489,000 | $216 |
| 2026-09-02 | Contingent | $489,000 | $216 |
| 2026-06-30 | Price change | $489,000 | $216 |
| 2026-03-28 | Listed for sale | $495,000 | $218 |
| 2025-10-17 | Price change | $2,950 | $1 |
| 2025-10-08 | Listed for rent | $3,150 | $1 |
| 2023-11-20 | Listing removed | $0 | – |
| 2023-10-18 | Price change | $2,900 | $1 |
| 2023-10-03 | Price change | $2,925 | $1 |
| 2023-09-25 | Listed for rent | $3,000 | $1 |
| 2022-11-29 | Listing removed | $0 | – |
| 2022-09-29 | Listed for rent | $2,900 | $1 |
| 2018-04-02 | Sold | $0 | – |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $6,527.6 | $493,282 |
| 2024 | $8,136.98 | $593,161 |
| 2023 | $4,551.27 | $403,767 |
| 2022 | $5,279.14 | $367,061 |
| 2021 | $5,129.71 | $333,692 |
| 2020 | $0 | $303,356 |
| 2019 | $4,780.59 | $280,239 |
| 2017 | $0 | $263,460 |
| 2016 | $0 | $218,619 |
| 2015 | $0 | $218,810 |
| 2014 | $0 | $180,093 |
| 2012 | $0 | $200,423 |
| 2011 | $0 | $200,423 |
| 2010 | $0 | $200,423 |
| 2009 | $0 | $200,423 |
| 2008 | $0 | $202,541 |
| 2007 | $0 | $202,541 |
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