








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 2201 Improver Rd, Spicewood, TX, 78669 offers a 4.76% rental yield on a $850,000 purchase with $3,371/mo rent. 59% in year one. Equity gained on principal adds $5,485/yr while 5% annual appreciation supports $234,839 over five years. Portfolio math shows five-year ROI at 43.32% and total cumulative return in cash at $121,138. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,371/mo property income against a $4,160/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
5.75 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Eric Johnson • KTB Real Estate Services, LLC
Mls Name: Unlock MLS
Mls ID: #1460571