4303 Bob Wire Rd Spicewood, TX 78669
This exceptional 9.81-acre commercial property, located at 4303 Bob Wire Rd, Spicewood, TX 78669 (Travis County, APN 01349601170000), presents a unique redevelopment opportunity. The land boasts panoramic views of the Texas Hill Country and Lake Travis. Currently featuring a farmhouse (approximately 3500 square feet per owner, requiring complete renovation), the property offers significant potential for various commercial uses. The heavily wooded acreage ensures privacy, enhanced by a gated entrance. Zoning is unrestricted, allowing for a wide range of development possibilities. The property is situated in the Lake Travis Independent School District (LTISD) and enjoys proximity to Highway 71, offering convenient access. The seller is currently relocating, therefore showings are by appointment only. This property is being offered at $1,820,000. Note that the Travis County Appraisal District (TCAD) square footage for the existing house may be inaccurate. This is a prime piece of land with significant upside potential for the discerning investor. Buyers are encouraged to conduct their own due diligence.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.