34
Map
$1,075,000
↓ $250K (18.9%)
●
House -
For Sale
2903 Oak Ridge DR
Spicewood, TX 78669
4 Beds
3 Baths
2,048 Ft²
$6,426
Est. Monthly
About This Property
LAKE TRAVIS WATERFRONT STR-Active, revenue-generating short-term
rental now available in an incredible location on Lake Travis.
Close-in location within the Big Bee Creek area, just outside of
Lakeway. Gently sloping waterfront lot on a deepwater cove of Lake
Travis. This property features TWO extensively remodeled homes with
covered porches, swimming pool, outdoor covered pavillion and boat
dock: The main house features 3 bedrooms, 2 baths, updated
throughout with plenty of parking and extended driveway to the
guest house, outdoor patio/entertaining areas, and boat dock. The
guest house features an open plan with high ceilings, full bath,
and kitchen. Waterfront access just outside of your back door with
beautiful lake views. Nice area of large homes and weekend
getaways. Both homes were renovated to the studs in 2022 with brand
new septic to accommodate the property. New swimming pool
built in 2023. If you're looking for a revenue-generating,
waterfront, turnkey lake house property, already updated, with no
HOA and low tax rate, this is it. This house checks all of the
boxes. Inquire for showings and additional details.
Unit Size
2,048 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$525
Property Type
House
Property Taxes
$1,147
HOA Dues
-
Year Built
1955
Listed By
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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: 5 months ago (Unlock MLS #ACT7859261)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 11, 2026 | Price Decreased |
$1,075,000
↓ $250K
(18.9%) | |
| Price Decreased | |||
| Feb 27, 2026 | Listed by Compass RE Texas, LLC | $1,325,000 | |
| Listed by Compass RE Texas, LLC | |||
Property Highlights
Parking Available
Air Conditioning
With View
Parking Details
Parking Features: Boat, Driveway, Off Street, Paved
Interior Details
Full Bathrooms: 3
Interior Features: Breakfast Bar, Ceiling Fan(s), Open Floorplan, Smart Thermostat, Ceiling-High, Quartz Counters, Multiple Living Areas
Appliances: Dishwasher, Electric Range, Microwave, Free-Standing Electric Range, Stainless Steel Appliance(s)
Flooring Type: Tile
Exterior Details
Square Footage: 2048
Square Footage Source: $0
Green Sustainability
Property Condition: Updated/Remodeled
Year Built Source: Public Records
Year Built: 1955
Waterfront Features: Lake Front, Lake Privileges, Waterfront
Waterbody Name: Lake Travis
Levels: Two
Other Structures: Guest House
Window Features: Blinds, Window Treatments
Construction Materials: Frame, HardiPlank Type
Patio and Porch Features: Covered, Rear Porch
Pool Features: Fenced, Gunite, Outdoor Pool
Pool is Private
Lot Features: Level, Sloped Down, Wooded, Views
Lot Size Area: 25382.41
Lot Size Units: Square Feet
Lot Size Acres: 0.5827
Lot Size Square Feet: 25382.41
Water Source: Well
Financial Details
Tax Map Number: 5
Tax Assessed Value: $807,438
Tax Annual Amount: $13,759
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Amenities: Boat Dock
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
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Type
Beds
Baths
ft²
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HOA + Taxes
About Big Bee Creek
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Listed by: Sharon Murray
Listed Office: Compass RE Texas, LLC - Listing courtesy of Unlock MLS
Phone: (512) 575-3644
Last Updated: 2026-06-11 04:22:21
Data Source: Unlock MLS, MLS# ACT7859261
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Compass RE Texas, LLC - Listing courtesy of Unlock MLS
Phone: (512) 575-3644
Last Updated: 2026-06-11 04:22:21
Data Source: Unlock MLS, MLS# ACT7859261
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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