For SaleRisky Deal153 days on market
1115 Edgewater Drive
1115 Edgewater Drive, Spicewood, TX 78669, Spicewood, TX 78669
$399,900
Listing Price
1115 Edgewater Drive, Spicewood, TX 78669
Loc: Spicewood, TX
Days Listed
153
Tax Assessed
$440k
Lot Size
0.80 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.
8
West Cypress Hills Elementary School
PK-5
6.2 mi away
10
Lake Travis Middle School
6-8
4.8 mi away
8
Lake Travis High School
9-12
5.5 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 Residence, Residential1963CentralCentral Air1 Carport space$150 annually0.80 Acres153 Days$323
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.81%
Total ROI
63.5%
Cash Flow
$-471/mo
DSCR
0.77
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-471/mo net cash flow with a 4.8% 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 |
|---|---|---|---|
| 2026-09-24 | Price change | $399,900 | $323 |
| 2026-06-17 | Price change | $474,900 | $384 |
| 2026-05-06 | Price change | $499,900 | $404 |
| 2026-04-24 | Listed for sale | $525,000 | $424 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $7,490.3 | $439,550 |
| 2024 | $7,918.32 | $472,449 |
| 2023 | $10,617.41 | $988,290 |
| 2022 | $12,385.06 | $808,040 |
| 2021 | $0 | $364,630 |
| 2020 | $5,204.91 | $260,433 |
| 2019 | $5,214.82 | $260,433 |
| 2018 | $4,251.75 | $273,259 |
| 2017 | $4,251.75 | $214,336 |
| 2016 | $4,951.15 | $214,336 |
| 2015 | $4,951.15 | $228,582 |
| 2014 | $4,951.15 | $236,897 |
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