Experience the perfect blend of privacy, views, and Hill Country
living on this exceptional 5.02-acre horse-friendly estate in the
gated Double Horn community. Perfectly positioned on one of the
neighborhood's premier lots, this property backs to a sprawling
959-acre private ranch, creating an extraordinary sense of peace,
privacy, quiet and uninterrupted Hill Country views.
Thoughtfully designed for everyday living and entertaining, the
flexible floor plan features a dedicated study, formal dining room,
spacious family room with a wood-burning fireplace (also plumbed
for propane), private owner's suite, and two secondary bedrooms
connected by a versatile flex space. Upstairs offers an expansive
bonus room with a full bath, easily functioning as a fourth
bedroom, media room, game room, or guest retreat.
Outside, mature live oaks, multiple outdoor gathering areas, and an
oversized Trex deck invite you to enjoy spectacular sunsets and
exceptional privacy. The impressive 3,600± SF two-story barn offers
endless possibilities for horses, workshop space, RV storage,
hobbies, or future expansion.
Major updates include Renewal by Andersen windows (2024), roof
(2021), HVAC (2020), fresh interior and exterior paint (2026),
water softener, reverse osmosis system, and three rainwater storage
tanks.
Double Horn is a gated, small city neighborhood in the Spicewood
area with numerous amenities: pool, pavilion with fireplace and
grills, playscape, sport court, and volleyball court. Neighbors
love to gather with social events and holiday celebrations. Enjoy
peaceful country living just minutes from Marble Falls, Lake
Travis, wineries, breweries, golf, Baylor Scott & White, and
approximately 40 minutes to Downtown Austin and the airport.
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.
Construction Materials: Brick, HardiPlank Type, Attic/Crawl Hatchway(s) Insulated, Blown-In Insulation, Stone, Masonry – All Sides
Patio and Porch Features: Covered, Deck, Front Porch
Pool Features: None
Lot Features: Back Yard, Cleared, Cul-De-Sac, Front Yard, Level, Native Plants, Private, Sprinklers In Front, Wooded, Many Trees, Sprinkler - Automatic, Sprinklers On Side
Lot Size Area: 218671.2
Lot Size Units: Square Feet
Lot Size Acres: 5.02
Lot Size Square Feet: 218671.2
Water Source: Private
Financial Details
Tax Map Number: 33
Tax Assessed Value: $840,000
Tax Annual Amount: $5,618
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric, Multi Units
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