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21201 Kathy Ln Spicewood, TX 78669

OFF-MARKET Mixed-use properties Google Maps
6,816 SF 5.95 ac lot Built 1994
Estimated value
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Property ID

Property summary

AI-generated overview

This exceptional Spicewood, TX property presents a rare opportunity to own a unique mixed-use estate spanning nearly six acres. The property boasts breathtaking views and offers unparalleled privacy. The centerpiece is a substantial 5,000+ square foot commercial studio building, ideally suited for a variety of uses. This adaptable space features soundproofing, multiple work areas, restrooms, a kitchenette, and ample upper-floor storage. Its energy-efficient design, including 6-inch wall insulation, keeps electricity costs remarkably low, averaging under $300 monthly, even during summer months. The main residence complements the studio with a bright and spacious living area, complete with a balcony perfect for entertaining. The first floor includes two bedrooms and a full bathroom, while the entire second floor is dedicated to a luxurious primary suite, featuring a garden tub and a private balcony. Beyond the main house and studio, the property includes a spacious workshop garage, and both single and double garages are equipped with EV charging stations. Located near Lake Travis, Lakeway, and the Hill Country Galleria, this property offers the perfect blend of rural tranquility and convenient access to urban amenities. The seller is offering attractive owner financing options. This is an exceptional investment opportunity, combining residential luxury with significant commercial potential. The property's size, features, and location make it a truly remarkable offering.

Property profile

Verified
Property type Mixed-use properties
Year built 1994
Total area 6,816 SF
Lot 5.95 ac (259,182 SF)

Cap rate & NOI

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Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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