15
Map
$119,000
●
Land -
For Sale
312 Alloway DR
Spicewood, TX 78669
Studio
0 Bath
$612
Est. Monthly
$27
HOA / Fees
About This Property
Welcome to 312 Alloway Dr, a beautiful 0.4060-acre lot located in
the wonderful community of Briarcliff! The lot has been partially
cleared and is ready for your build! Bring your builder and create
the home of your dreams. The lot has Hill Country views and
depending on the home's elevation, it could potentially have lake
views. Some perks to this lot are that it is partially cleared and
has a construction drive. In addition, the lot is connected to
water and an electric pole has been placed. Owner financing could
also be an option! Briarcliff is located in Spicewood, only 20
minutes from Bee Cave. The community has a 9-hole golf course, a
marina and boat ramp, a large park with a huge playground,
pavilion, and basketball courts, plus there are lovely walking
trails and pickleball courts in the community! If you have pets,
you'll love the neighborhood's pet amenities and dog park. The
community center is often used for events and is located at the
entrance of the community. Briarcliff is also home to the
Lighthouse Restaurant, which overlooks the lake. Come see why this
is such a special place to call home!
Unit Size
-
Days on Market
-
Land Size
0.41 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$27
Year Built
-
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: 7 months ago (Unlock MLS #ACT2962412)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 11, 2026 | Listed by Compass RE Texas, LLC | $119,000 | |
| Listed by Compass RE Texas, LLC | |||
| Oct 1, 2025 | No longer available | - | |
| No longer available | |||
| Jun 18, 2025 | No longer available | - | |
| No longer available | |||
| Jun 18, 2025 | Listed by Compass RE Texas, LLC | $119,000 | |
| Listed by Compass RE Texas, LLC | |||
   | |||
|
Welcome to 312 Alloway Dr, a beautiful 0.4060-acre lot located in the wonderful community of Briarcliff! The lot has been partially cleared and is ready for your build! Bring your builder and create the home of your dreams. The lot has Hill Country views and depending on the home's elevation, it could potentially have lake views. Some perks to this lot are that it is partially cleared and has a construction drive. In addition, the lot is connected to water and an electric pole has been placed. Owner financing could also be an option! Briarcliff is located in Spicewood, only 20 minutes from Bee Cave. The community has a 9-hole golf course, a marina and boat ramp, a large park with a huge playground, pavilion, and basketball courts, plus there are lovely walking trails and pickleball courts in the community! If you have pets, you'll love the neighborhood's pet amenities and dog park. The community center is often used for events and is located at the entrance of the community. Briarcliff is also home to the Lighthouse Restaurant, which overlooks the lake. Come see why this is such a special place to call home!
| |||
| Apr 11, 2025 | Price Decreased |
$119,000
↓ $31K
(20.7%) | |
| Price Decreased | |||
Show More
Property Highlights
Exterior Details
Waterfront Features: None
Other Structures: None
Lot Features: Back Yard, Cleared, Few Trees, Front Yard
Lot Size Area: 17685.36
Lot Size Units: Square Feet
Lot Size Acres: 0.406
Lot Size Square Feet: 17685.36
Water Source: Private
Financial Details
Tax Map Number: 459
Tax Assessed Value: $135,675
Utilities Details
Sewer : Septic Needed
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds
HOA/Condo/Coop Amenities: Dog Park, Picnic Area, Trail(s)
HOA Fee: $327
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 Briarcliff
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Listed by: Cyndi Cummings
Listed Office: Compass RE Texas, LLC - Listing courtesy of Unlock MLS
Phone: (512) 575-3644
Last Updated: 2026-03-12 04:20:32
Data Source: Unlock MLS, MLS# ACT2962412
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: 2026-03-12 04:20:32
Data Source: Unlock MLS, MLS# ACT2962412
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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