For SaleRisky Deal156 days on market
25420 Cove Drive
25420 Cove Drive, Spicewood, TX 78669, Spicewood, TX 78669
$589,000
Listing Price
25420 Cove Drive, Spicewood, TX 78669
Loc: Spicewood, TX
Days Listed
156
Tax Assessed
$623k
Lot Size
0.72 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
4.5 mi away
4
Marble Falls Middle School
6-8
15.2 mi away
4
Marble Falls High School
9-12
14 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, Residential1996Central, ElectricCentral Air1 Garage space0.72 Acres156 Days$301
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.89%
Total ROI
65.0%
Cash Flow
$-658/mo
DSCR
0.78
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-658/mo net cash flow with a 4.9% 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 |
|---|---|---|---|
| 2026-04-22 | Listed for sale | $589,000 | $301 |
| 2026-03-17 | Listing removed | $644,975 | $330 |
| 2025-07-22 | Price change | $644,975 | $330 |
| 2025-04-05 | Listed for sale | $645,000 | $330 |
| 2022-12-12 | Listing removed | $0 | – |
| 2022-08-22 | Listed for sale | $775,000 | $396 |
| 2016-12-30 | Sold | $0 | – |
| 2016-11-21 | Pending sale | $369,000 | $189 |
| 2016-05-20 | Listed for sale | $369,000 | $189 |
| 2012-04-16 | Listing removed | $1,250 | $1 |
| 2012-03-12 | Listed for rent | $1,250 | $1 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,142.29 | $623,478 |
| 2024 | $4,002.75 | $655,741 |
| 2023 | $4,118.54 | $736,313 |
| 2022 | $4,955.54 | $966,121 |
| 2021 | $0 | $429,841 |
| 2020 | $2,181.26 | $323,310 |
| 2019 | $2,149.58 | $323,310 |
| 2018 | $1,927.16 | $321,840 |
| 2017 | $1,927.16 | $334,470 |
| 2016 | $1,308.08 | $190,297 |
| 2015 | $1,308.08 | $176,825 |
| 2014 | $1,308.08 | $191,659 |
| 2013 | $0 | $224,656 |
| 2012 | $0 | $224,656 |
| 2011 | $0 | $245,627 |
| 2010 | $0 | $260,000 |
| 2009 | $0 | $293,569 |
| 2008 | $0 | $226,169 |
| 2007 | $0 | $215,169 |
| 2006 | $0 | $230,924 |
| 2005 | $0 | $209,957 |
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