221 Paleface Ranch Rd Spicewood, TX 78669
This exceptional 1.89-acre property, located at 221 N Paleface Ranch Rd, Spicewood, TX 78669, presents a unique investment opportunity. Situated in the desirable Austin MSA, this land offers a blend of commercial and residential potential. The property boasts a generous lot size within the 1-5 acre range, providing ample space for various development possibilities. Its location in Travis County, Texas, offers easy access to local amenities and recreational areas, while maintaining a serene and peaceful atmosphere. The address is clearly identified as 221 N Paleface Ranch Rd, Spicewood, TX 78669, with GPS coordinates available for precise location verification. The asking price is $199,000. While the listing mentions a previously existing structure with specific square footage, the current offering is solely for the land itself. This presents a blank canvas for creative development, catering to a wide range of commercial and/or residential projects. The property's zoning and potential uses should be independently verified. This is a rare opportunity to acquire a sizable parcel of land in a highly sought-after location. Broker cooperation is available.
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
Similar Nearby for Lease
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.