1017 Indian Mound RD, Spicewood, TX 78669 - MLS#6028875

$1,200,000

Est. payment - /mo

6 Beds

6 Baths

2,322 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,322 sqft

Price per Sqft $516

MLS Listing ID 6028875

Bedrooms 6

Full Baths 5

Half Baths 1

Year Built 1981

Tax Year 2024

Lot Size 1.210 Acres

Property Sub-Type Single Family Residence

Property Description

MOTIVATED SELLER! Family Compound; Short Term Rental Lodge; Second Home; Vacation Home! 3 separate cabins. The fully unrestricted property is very private and can be commercial or residential. 6 private bedrooms each with their own private entrance and vanity with sink 5.5 bathrooms. $175K+ in recent improvements (see attachment in Docs entitled “Seller Improvements”). As fully furnished sleeps up to 26 adults comfortably - Non realty items convey with the right price for true plug-n-play value, negotiable otherwise. Seller purchased in 2021 as a 2nd home/vacation home and listed on Airbnb/VRBO with guest bookings approx 30% of the year 2022: $120K; 2023: $80K; 2024: $80K. (Financial reports available upon request) In 2025 owner shut bookings down to remodel & prepare for sale listing/hire 3rd party property mgt company. Gorgeous 180 degree lake views; lake access and boat dock with tram. Property is less than 10 mins fm Krause Springs very inexpensive day trip excursion; & approx 15 mins fm Briarcliff Marina boat rentals; Pace Bend boat ramp. Though the lake levels of Lake Travis eb and flow - even at its lowest, guests continued to book and give the property 5 STAR reviews/superhost status! The property offers tremendous lake views and lake access - large boat dock with large slip and two jet ski pads. ESTIMATED FINANCIALS W/POOL (based upon multiple 3rd party management companies opinions): $150K+; See attached docs for more information including "nearby fun day trips"

Location

State TX

County Burnet

Area Lw

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Laminate, No Carpet

Fireplaces Number 1

Fireplaces Type See Remarks, Living Room, Wood Burning

Exterior

Exterior Feature Barbecue, Dock, Gas Grill, Rain Gutters, Outdoor Grill, RV Hookup

Fence Chain Link, Fenced, Privacy, Wood

Pool None

Community Features None

Utilities Available Electricity Connected, Propane, Sewer Connected, Water Connected

Waterfront Description Lake Front

View Hill Country, Lake, River, Trees/Woods, Water

Roof Type Metal

Building

Lot Description Back Yard, Bluff, Private Maintained Road, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft), Views

Foundation Pillar/Post/Pier

Sewer Septic Tank

Water Well

Structure Type Frame,Log,Stone Veneer,See Remarks

New Construction No

Schools

Elementary Schools Spicewood (Marble Falls Isd)

Middle Schools Marble Falls

High Schools Marble Falls

School District Marble Falls Isd

Others

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

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Listed by LPT Realty, LLC • CC Barley
Bought with Non Member

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Mari House

+1(512) 791-6274

REALTOR ® | License ID: 0548660

REALTOR ® License ID: 0548660

1017 Indian Mound RD Spicewood, TX 78669