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1018 Daviot DR
About This Property
Key Features:
Prime Location: Situated just minutes from the shimmering shores of Lake Travis, this lot provides easy access to water activities, scenic views, and recreational opportunities.
Spacious Layout: With .28 acres, you have ample space to design a home that suits your lifestyle-whether it's a cozy retreat or a modern masterpiece.
Scenic Surroundings: Enjoy the beauty of the Texas Hill Country with lush greenery and breathtaking views. The area is known for its picturesque landscapes and abundant outdoor activities.
Growing Area: Spicewood is an emerging market with new developments and an expanding community, making this an ideal investment opportunity.
Whether you're a builder looking for your next project or a buyer dreaming of a custom home near the lake in a tranquil setting, this lot in Spicewood is an exceptional choice. Don't miss out on this rare opportunity to own a piece of Texas paradise!
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 31, 2025 | No longer available | - | |
| No longer available | |||
| Sep 30, 2024 | Listed by Compass RE Texas, LLC | $79,999 | |
| Listed by Compass RE Texas, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017