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$2,790,000

Beds
7
Baths
5.5
sq ft
6,137

4607 R O Dr, Spicewood, TX 78669

4607 R O Dr

Spicewood, TX 78669

  • 87 days on market
This incredible multi-generational gentlemen’s ranch on 10-acres of UNRESTRICTED land in Texas Hill Country is extraordinary and unique. Currently operating as a thriving Wedding and Short-Term Rental Venue for family reunions and corporate events, this property has so much to offer. This magical property has the versatility to be an excellent investment opportunity, or private estate that gives you the ability to host extended family and generations that follow. Beyond its gated entrance lies a sprawling expanse with 3 distinct residences and a myriad of storage facilities. Together they encompass 3 kitchen and dining areas, 6 large-sized bedrooms plus 1 loft, 6 bathrooms, 3, and an expansive game room. Each of the residences offers a unique experience separately, and yet together give a feeling of shared space for uniting and socializing. The Main Ranch House is a masterful blend of classic allure and contemporary comfort. Featuring 4 bedrooms, including 2 suites, 1 loft bedroom, and 3 bathrooms. The Guest House is a 2-story haven of creativity, with spacious living area, kitchenette and dining area on the ground floor, and then a cozy bedroom, full bathroom, and sitting area nestled in the upstairs floor. The 3 rd house is an entertainment house with an expansive 2- room game house equipped with a bar, half bath, and living area on the ground floor, while the upstairs suite boasts a cozy bedroom, full bathroom, kitchen, dining and living area. Outside, the allure of the property is further accentuated by an inviting pool area, complete with cascading water features. Additional amenities include a gazebo, fenced-in garden and 1-car garage/storage shed. Whether seeking a personal sanctuary or an income-generating investment, this one-of-a-kind property stands as a testament to the boundless possibilities of the Texas Hill Country lifestyle. Property is also for available for lease (MLS #8904856) at $20,000 per month.

Details

Property type

Single Family Residence

Est. home value

$2,423,673

Lot size

10.0 acres

Price per sq ft

$455

Year built

2001

Annual property taxes

$37,363

Price History

08/10/2024
Austin

Austin #6041992

Listed
$2,790,000

Schools & Community

Elementary school: 

West Cypress Hills

Middle school: 

Lake Travis

High school: 

Lake Travis

Community features: 

None

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

$588,267
Asking price
$2,790,000
Closing costs (~8% of asking)
-$223,200
Est. remaining loan balance
-$1,978,533
Cash to seller
$588,267

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

Seller’s Loan History

Lender

Neighborhood Cu

Loan start date

May 2022

Original loan amount

$2,070,000

Est. remaining balance

$1,978,533

Interest rate

4.16%

Loan type

New Conventional, 30 year

Seller

Kevin Caputo and Staci Foster

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: 11/05/2024 at 4:40 AM

Listing updated: 08/23/2024 at 10:04 PM

Listed by: Joe Keenan, Compass RE Texas, LLC Phone #: (512) 575-3644

MLS: Austin #6041992

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