Exciting Fix & Flip or Buy & Hold Opportunity in Spicewood, TX!
🏡 Exciting Fix & Flip or Buy & Hold Opportunity in Spicewood, TX! 🏡
Property Overview:
Address: 22205 Oban Dr, Spicewood, TX 78669
Bedrooms: 3
Bathrooms: 2.5
Garage: 2-car
Living Area: 2,279 sqft
Lot Size: 20,983 sqft
Year Built: 2015
Price: $430,000
🌟 Why This Property is a Must-Buy:
🛠️ Cosmetic Fix & Flip Potential:
With a few light updates—paint, landscaping, and minor interior upgrades—this home could easily reach or exceed $590K-$702K ARV, based on nearby comparable sales.
High Demand Area: Spicewood is growing rapidly, with increasing property values due to its proximity to Austin and Lake Travis.
Move-In Ready with Minor Tweaks: No major repairs needed—just add your personal touch for a quick turnaround and high ROI!
💼 Perfect Buy & Hold Investment:
Rental Demand: The area is perfect for long-term rentals (LTR) and mid-term rentals (MTR), with monthly rents averaging $2,800–$3,200 for similar homes.
Short-Term Rental (STR) Potential: Located near Lake Travis, this property can generate $250–$300/night during peak seasons. Annual rental income could surpass $36,000–$50,000+!
Large Lot: The 20,983 sqft lot is ideal for potential outdoor enhancements like a pool or an entertainment space, further increasing rental appeal.
🚀 Value-Add Features:
Prime Location:
Minutes from Lake Travis for boating and recreation.
Close to Austin, a hub for tech companies and job growth.
Spacious Lot:
Privacy and Serenity: Situated on a large lot, offering privacy and plenty of space for outdoor activities or future expansions.
Modern Design:
Built in 2015, the home features a contemporary layout and a foundation ready for personalized upgrades.
📈 Key Investment Metrics:
Purchase Price: $430,000
Estimated ARV: $590,000–$702,000+
Potential Profit (Fix & Flip): $20,000–$50,000+ after cosmetic updates.
Rental Income (Buy & Hold):
LTR: $2,800–$3,200/month
STR: $250–$300/night
🌟 Nearby Amenities & Attractions:
🛥️ Briarcliff Marina: A hotspot for boating and fishing enthusiasts.
🌳 Pace Bend Park: Perfect for hiking, camping, and picnics.
🍷 Spicewood Vineyards: A local favorite for wine lovers.
🛍️ Hill Country Galleria: Shopping, dining, and entertainment options nearby.
🎵 Music Venues: Enjoy live music and the vibrant culture of Spicewood and Austin.
🔑 Quick Close Ready!
Vacant and ready to view—key is conveniently located in loxbox on front porch.
📞 Act Now! This gem won’t last long in a competitive market. Contact us today to schedule a viewing and secure your next investment property. Whether you're flipping or holding, this is your chance to capitalize on a high-growth area.
✨ Don't miss this opportunity to create lasting wealth in one of Texas's hottest real estate markets! ✨
📞 Let’s Talk! Work directly with me on this deal. Skip the agents and get it done fast! Ready to make waves in your investment portfolio? 🌊💼
📧 Jervon Thompson | JNA Dynamic Holdings LLC
📲 469-949-3363 | [email protected]
💥 Act Now – Deals Like This Don’t Last! 💥
