For SaleRisky Deal209 days on market
122 Ridge Drive
122 Ridge Drive, Spicewood, TX 78669, Spicewood, TX 78669
$275,000
Listing Price
122 Ridge Drive, Spicewood, TX 78669
Loc: Spicewood, TX
Days Listed
209
Tax Assessed
$444k
Lot Size
0.32 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
3.8 mi away
4
Marble Falls Middle School
6-8
9.3 mi away
4
Marble Falls High School
9-12
7.9 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, Residential1991CentralCentral Air1 Attached Garage space0.32 Acres209 Days$148
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.83%
Total ROI
42.1%
Cash Flow
$-549/mo
DSCR
0.62
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-549/mo net cash flow with a 3.8% 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 |
|---|---|---|---|
| 2026-08-07 | Price change | $275,000 | $148 |
| 2026-02-28 | Listed for sale | $299,750 | $161 |
| 2025-12-17 | Listing removed | $299,999 | $161 |
| 2025-08-12 | Price change | $299,999 | $161 |
| 2024-07-15 | Price change | $350,000 | $188 |
| 2024-04-09 | Listed for sale | $385,000 | $207 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $664.87 | $229,175 |
| 2024 | $642.89 | $208,341 |
| 2023 | $622.91 | $189,401 |
| 2022 | $1,486.2 | $172,183 |
| 2021 | $1,471.23 | $156,530 |
| 2020 | $0 | $142,300 |
| 2019 | $1,443.14 | $129,364 |
| 2017 | $0 | $106,913 |
| 2016 | $0 | $96,235 |
| 2015 | $0 | $91,541 |
| 2014 | $0 | $91,541 |
| 2012 | $0 | $83,718 |
| 2011 | $0 | $83,718 |
| 2010 | $0 | $88,338 |
| 2009 | $0 | $71,494 |
| 2008 | $0 | $66,413 |
| 2007 | $0 | $66,413 |
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