ActiveResidential · sale

199 Middleton Rd

Spicewood, TX 78669

$2,390,000

  • 4 beds
  • 3 baths
  • 3,363 sq ft
  • 35.98 acres
  • Built 1989

Listed by RE/MAX River City · MLS #ACT4515649

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199 Middleton Rd, Spicewood, TX 78669 · MLS #ACT4515649

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

There are exposed laminated beams, long leaf pine trim, hand built cabinets, heavy duty insulation, zoned AC systems, propane heating plus a beautiful Hearthstone wood burning stove in the family room.

Year built

Built in 1989.

Garage parking

4 garage spaces listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Spectacular Hill Country Ranch with 35.98 Acres on an incredibly private setting with panoramic views & gorgeous trees all around. The nearly 36 Acres is comprised of five subdivided lots that can be easily sold off without any re-platting required. Privacy is assured here because the property is bordered by a county road and a large private ranch of over 1,000 Acres. The immaculate home with 3363 SqFt which was built by the previous owner with incredible attention to detail and emphasis on structural integrity & energy efficiency. There are exposed laminated beams, long leaf pine trim, hand built cabinets, heavy duty insulation, zoned AC systems, propane heating plus a beautiful Hearthstone wood burning stove in the family room. The fantastic front porch is extremely inviting and faces east with miles long views that provide a fantastic setting to enjoy the beautiful hill country scenery. There is a recently built 4 car garage that was added in 2022 that includes an air conditioned shop. Water is provided by a private well, a 3,000 gallon water storage tank and a recently replaced water softener system. This property has a hot tub and a propane powered whole house back up generator. The elevation is around 1,000’ above sea level. For the most part, the land has been left in its natural state to maintain lots of cover and sanctuary for wildlife. Several surrounding ranches have been well cleared which makes the habitat on this ranch a magnet for an abundance of wildlife such as whitetail deer, turkey, wild hogs and more. You can see by the aerial photos that this ranch is loaded with big trees including live oaks, post oaks, huge junipers, yaupon, and many others! This diversity of cover makes for a great refuge for wildlife. There are blinds and feeders set up on the ranch for hunting or just wildlife watching. Living on this ranch is nothing but fun, hiking, hunting, sunsets, animal watching and relaxation!

THE NEIGHBORHOOD

Explore the location.

199 Middleton Rd, Spicewood, TX 78669

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1989
Full baths
3
Half baths
0
Garage spaces
4
Cooling
Electric
Heating
Propane
Appliances
Built-In Electric Oven, Cooktop, Dishwasher, Gas Cooktop, Microwave, Refrigerator, Washer/Dryer, Water Softener Owned
Flooring
Carpet, Laminate, Tile
Fencing
Partial
Accessibility
None
Pool features
None
Subdivision
Oaks At Spicewood
Parcel
26870800000206001
Elementary school
Spicewood (Marble Falls ISD)
Middle school
Marble Falls
High school
Marble Falls
Annual property tax
$17,885.40

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$5,717.30
Estimated monthly rent$9,958.33
Cap rate3.12%

Annual operating income: $74,582.57

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #ACT4515649 · Austin Board of Realtors

Listing brokerage: RE/MAX River City
Listing agent: Bryan Anderson

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.