








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Spicewood at 1808 Art Adams Way, Spicewood, TX, 78669 priced at $899,000 converts $4,490/mo rent into after a $4,400/mo obligation. Total monthly income equals $4,490/mo. Return on cash invested prints 10.11% in year one, and rental yield reads 5.99% against a $899,000 entry. Equity gained on principal adds $5,801/yr, while 5% annual appreciation compiles into $248,377 by year five. Five-year ROI reaches 52.29% and total cumulative return in cash sums $154,654. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,490/mo property income covering a $4,400/mo payment, not borrower’s personal income.
Single Family
Built in 2022
7,840 sqft lot
$N/A/sqft
$550 monthly HOA
Neighborhood data shown for ZIP Code: 78669, Spicewood, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,541 (100%) |
| Owner Occupied HU | 4,686 (71.6%) |
| Renter Occupied HU | 637 ( 9.7%) |
| Vacant Housing Units | 1,218 (18.6%) |
| Median Home Value | $759,615 |
| Average Home Value | $852,653 |
Residential
5,910
Single Family
5,902
Multi-Family
8
Businesses
312
Date | Event | Price |
|---|---|---|
| 2025-04-08 | Listed for sale | $899,000 |
| 2023-08-07 | Listing removed | N/A |
| 2022-12-19 | Price change | $964,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-08 | $3190.56 | 1.29% | $653,359 | -7.19% |
| 2023-04-08 | $3149.98 | -7.53% | $703,943 | 17.77% |
| 2022-04-08 | $3406.47 | N/A | $597,709 | 1228.24% |



Listed by: Terri Kuenstler • All American Home & Ranch Sale
Mls Name: HLMLS
Mls Provider:
Mls ID: #172788
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.