








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


Investment property for sale in Spicewood at 1824 Art Adams Way, Spicewood, TX, 78669 offers a 6.73% rental yield on a $798,800 purchase with $4,480/mo rent. 07% in year one. Equity gained on principal adds $5,155/yr while 5% annual appreciation supports $220,694 over five years. Portfolio math shows five-year ROI at 62.89% and total cumulative return in cash at $165,279. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,480/mo property income against a $3,910/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
6,098 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 |
|---|---|---|
| 2025-09-15 | Listed for sale | $798,800 |
| 2025-09-13 | Listing removed | $798,800 |
| 2024-07-29 | Price change | $798,800 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-16 | $2799.99 | 58.94% | $573,377 | 23.89% |
| 2023-09-16 | $1761.66 | 217.03% | $462,816 | 374.68% |
| 2022-09-16 | $555.68 | N/A | $97,500 | 116.67% |



Listed by: Valerie Kelly • Kelly Realty Team - eXp Realty
Mls Name: HLMLS
Mls Provider:
Mls ID: #175047
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.