40
Map
$399,900
↓ $75K (15.8%)
●
House -
For Sale
1115 Edgewater DR
Spicewood, TX 78669
5 Beds
2 Baths
1,237 Ft²
$2,601
Est. Monthly
$13
HOA / Fees
About This Property
HUGE PRICE CUT!!! THE LAKE IS FULL!!! Property Sold AS-IS. Ideally
situated on nearly an acre, this property offers the perfect
opportunity to build your dream lake home or enjoy the existing
cabin as a weekend retreat. The charming cabin features 3 bedrooms,
2 baths, a full kitchen, dining area, and two spacious living
areas, plus a main-level screened deck to take in the serene
surroundings. The lower level offers 2 additional rooms, and ample
storage, with space for a small boat or ATV. Enjoy direct lake
access with your private boat dock (boat lift motor recently
replaced), sundeck, and two BBQ pits-perfect for entertaining. A
neighborhood waterfront park and boat ramp are just a short walk
away, providing easy access to open water. With a private well,
short-term rental potential, and a location known for calm waters
ideal for fishing, boating, and relaxing, this property is a rare
Lake Travis find. Property sold AS-IS.
Unit Size
1,237 Ft²
Days on Market
-
Land Size
0.80 acres
Price per sqft
$323
Property Type
House
Property Taxes
$624
HOA Dues
$13
Year Built
1963
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 months ago (Unlock MLS #ACT2911348)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2026 | Price Decreased |
$399,900
↓ $75K
(15.8%) | |
| Price Decreased | |||
| Jun 18, 2026 | Price Decreased |
$474,900
↓ $25K
(5%) | |
| Price Decreased | |||
| May 7, 2026 | Price Decreased |
$499,900
↓ $25K
(4.8%) | |
| Price Decreased | |||
| Apr 24, 2026 | Listed by Horseshoe Bay ONE Realty | $525,000 | |
| Listed by Horseshoe Bay ONE Realty | |||
Property Highlights
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Has Carport
Has Open Parking
Parking Features: Attached Carport, Paved
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Bookcases, Laminate Counters, Eat-in Kitchen, Storage
Appliances: Built-In Electric Range, Refrigerator, Washer/Dryer, Electric Water Heater
Flooring Type: Carpet, Concrete, Vinyl
Has Fireplace
Fireplace Features: Family Room, Free Standing, Wood Burning
Fireplaces: 1
Exterior Details
Square Footage: 1237
Square Footage Source: $0
Green Sustainability
Property Condition: Resale
Year Built Source: Public Records
Year Built: 1963
Waterfront Features: Lake Front, Lake Privileges, Waterfront
Waterbody Name: Lake Travis
Levels: Two
Other Structures: None
Window Features: Screens
Construction Materials: Frame
Patio and Porch Features: Covered, Screened
Pool Features: None
Lot Features: Rolling Slope, Sloped Down, Wooded, Views
Lot Size Area: 34952.54
Lot Size Units: Square Feet
Lot Size Acres: 0.8024
Lot Size Square Feet: 34952.54
Lot Size Dimensions: 80 X 441
Water Source: Well
Financial Details
Tax Map Number: 15
Tax Assessed Value: $439,550
Tax Annual Amount: $7,490
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, See Remarks
HOA/Condo/Coop Amenities: Boat Dock
HOA Fee: $150
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Edgewater Beach
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Listed by: Carol Hardy
Listed Office: Horseshoe Bay ONE Realty - Listing courtesy of Unlock MLS
Phone: (830) 282-3389
Last Updated: 2026-09-25 04:03:24
Data Source: Unlock MLS, MLS# ACT2911348
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Horseshoe Bay ONE Realty - Listing courtesy of Unlock MLS
Phone: (830) 282-3389
Last Updated: 2026-09-25 04:03:24
Data Source: Unlock MLS, MLS# ACT2911348
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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