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$1,345,000

Beds
3
Baths
3.0
sq ft
2,302

25036 River Rd, Spicewood, TX 78669

25036 River Rd

Spicewood, TX 78669

  • 311 days on market
    • Price drop $5,000↓
Nestled along the tranquil shores of the Pedernales, this exquisite waterfront property epitomizes the lifestyle of lakeside luxury. As the sun rises and sets, casting a golden hue across the hill country sky, the property awakens to a breathtaking panorama of natural beauty. The seller has spent more than $300k in updates in the last few years including: 1. Land clearing 2.5 acres 2. Defined a driveway with railroad ties 3. 40k fence 4. 16k gate 5. full hookups for 25 amp RV. (largest kind) 6. shipping container for storage 7. Added 1 full bath 8. Added bedroom (unfinished) 9. accordion doors to patio 10. Added cover patio 11. Added pergola with ice bath and sauna ( Ice bath negotiable to stay) sauna stays 12. Added 50k stairs to connect to waterfront 13. Added 40k boat dock 14. 40k boat on boat dock (negotiable) 15. Added water softener for the whole house and reverse osmosis drinking water 6k 16. landscaping rocks to define areas, flower beds, rocks around trees, pathways, rubber mulch for play or entertaining area. These are motivated sellers and have priced below tax valuation at a loss for them. This property can be used as an AirBNB. Please bring all offers and be kind.

Details

Property type

Single Family Residence

Est. home value

$1,453,451

Lot size

2.433 acres

Price per sq ft

$585

Year built

2012

Annual property taxes

$22,355.8

Monthly HOA fee

$4.17

Price History

09/11/2024
Austin

Austin #7523682

Price change
$1,345,000
-0.37%
02/15/2024
Austin

Austin #7523682

Listed
$1,350,000
02/10/2024
Austin

Austin #7041378

Removed

Schools & Community

Elementary school: 

West Cypress Hills

Middle school: 

Lake Travis

High school: 

Lake Travis

Community features: 

Fishing, Lake

High school district: 

Lake Travis ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$164,641
Asking price
$1,345,000
Closing costs (~8% of asking)
-$107,600
Est. remaining loan balance
-$1,072,759
Cash to seller
$164,641

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Homexpress Mortgage Corp

Loan start date

September 2021

Original loan amount

$1,156,500

Est. remaining balance

$1,072,759

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Ken Gee Ehrlich and Candice Michelle Ehrlich

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/22/2024 at 11:45 PM

Listing updated: 11/04/2024 at 10:35 AM

Listed by: Alice Duffy, Keller Williams - Lake Travis Phone #: (512) 263-9090

MLS: Austin #7523682

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