Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Spicewood Land: Build Your Dream Title is generated by Realmo AI

    Mountain Laurel Lane lot 44, Spicewood, TX 78669

    View on Map
    Claim this Listing
    For Sale
    $165,000

    LAND - Spicewood, TX

    Lot size:
    1.00 Acre
    Added:
    Mar 24, 2025
    Days on Market:
    435
    Last Refresh:
    Jun 1 at 5:06 am

    Property Features for Mountain Laurel Lane lot 44

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    113702
    Lot size
    1.00 Acre

    Taxes and HOA fees

    Tax Description
    S7936 SPICEWOOD TRAILS LOT 44, 1.

    Utilities

    Utilities
    Cable Available
    Sewer type
    Septic Needed

    We can help!

    Listing Contact
    Kale Stephens
    Kale Stephens

    Listing agent Kale Stephens License #0616942

    Listing office Horseshoe Bay Living 2, LLC 435 Oxbow Trail, Horseshoe Bay, TX

    Listing date Mar 24, 2025

    MLS# 172563 Listing URL

    Copyright © 2026 Highland Lakes Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Oversized 1‑acre lot in the Texas Hill Country, ideal for building a custom dream home
    • Convenient location: 45 minutes to Austin and 15 minutes to Marble Falls
    • Backs to neighborhood walking trails with access to community amenities: playground, dog park, fire pit, event barn, and picnic area
    • Features oak trees and Texas Hill Country views
    • Underground utilities available, including high‑speed fiber‑optic internet
    • Located on a dry creek

    Overview

    This one-acre lot in Spicewood Trails presents an opportunity to build a custom home in the Texas Hill Country. The property is located approximately 45 minutes from Austin and 15 minutes from Marble Falls. The lot features oak trees and views of the Texas Hill Country, and it backs onto neighborhood walking trails. Community amenities include a playground, dog park, fire pit, event barn, and picnic area. Underground utilities are available, including high-speed fiber-optic internet. The lot is situated on a dry creek.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Spicewood
    County
    Travis
    State
    Texas
    Longitude
    -98.20050986
    Latitude
    30.49734422

    Nearby Similar for Sale

    • $1,395,000
      4,605 SF

      Spicewood Mixed-Use Income Property

      Rare 2.5-acre Hill Country compound with mixed-use flexibility.
      11151 State Highway 71, Spicewood, TX 78669
      View Details
    • $1,800,000
      1,476 SF

      Spicewood Estate with Water Access

      19.15-acre estate featuring a well, natural springs, and unrestricted acreage.
      414 Hall Lane, Spicewood, TX 78669
      View Details
    • $2,800,000

      Spicewood Land with Development Potential

      40 acres of open land near Lake Travis.
      0 Old Ferry Road, Spicewood, TX 78669
      View Details
    • $895,000

      Spicewood Land with Canyon Views

      9.45-acre retreat with canyon views, creeks, and trails.
      525 Soda Creek Road, Spicewood, TX 78669
      View Details
    • $1,950,000
      4,400 SF

      Spicewood Land with Business Potential

      22 acres of unimproved land near Austin with business potential.
      0 Paleface Ranch Rd, Spicewood, TX 78669
      View Details
    • $750,000
      6,098 SF

      Spicewood Pad Site on Highway

      Ready-to-build pad site with utilities and highway frontage.
      22108 State Hwy 71 W Spicewood TX 78669, Spicewood, TX 78669
      View Details
    • $895,000

      Texas Hill Country Private Retreat

      9.45-acre land with canyon views, creeks, and trails.
      525 Soda Creek Road lot: 7, Spicewood, TX 78669
      View Details
    • $1,490,000
      1,796 SF

      Spicewood Land with Mature Oaks

      11.78 acres in Spicewood, TX, featuring mature oak trees.
      7908 COUNTY ROAD 404, Spicewood, TX 78669
      View Details
    • $195,000

      Lake Travis Waterfront Land

      Land near Lake Travis with park access and boat ramp.
      Lakeside Drive lot: 23 & 24, Spicewood, TX 78669
      View Details
    • $1,490,000

      Spicewood Land with Development Potential

      11.78 acres in Spicewood, TX, ideal for development.
      7908 COUNTY ROAD 404, Spicewood, TX 78669
      View Details
    • $150,000

      Lake Travis Lakeside Beach Land

      Land near Lake Travis, perfect for recreation and relaxation.
      Lakeside Drive lot: 13 & 14, Spicewood, TX 78669
      View Details
    • $2,850,000

      Historic Spicewood Land with River Access

      39.66 acres with river access and development potential.
      23601 Old Ferry Road lot: 1, Spicewood, TX 78669
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Acre lot in Spicewood Trails, Texas Hill Country.
    Where is this residential land & home lot located?
    The property is located at Mountain Laurel Lane lot 44 Spicewood, TX.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: Oversized 1‑acre lot in the Texas Hill Country, ideal for building a custom dream home; Convenient location: 45 minutes to Austin and 15 minutes to Marble Falls; Backs to neighborhood walking trails with access to community amenities: playground, dog park, fire pit, event barn, and picnic area
    (512) 550-3624
    We can help!
    Listing Contact
    Kale Stephens
    Kale Stephens
    Real Estate License ID: 0616942
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Mountain Laurel Lane lot: 44, Spicewood, TX 78669
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!