ActiveResidential · sale

505 Broken Arrow

Spicewood, TX 78669

$385,000

  • 3 beds
  • 2 baths
  • 900 sq ft
  • 0.37 acres
  • Built 2021

Listed by Compass RE Texas, LLC · MLS #ACT8424700

505 Broken Arrow, Spicewood, TX 78669 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 2021.

Garage parking

1 garage spaces listed.

Property size

0.37 acres listed.

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

THE PROPERTY

Get to know the property.

ucked inside the gated Lakeside Beach community in Spicewood, this charming Hill Country cottage offers the perfect blend of cozy design, peaceful surroundings, and laid-back lake lifestyle living. Set on approximately 0.36 acres with Hill Country views, this 2-bedroom, 2-bath home with an additional loft space is ideal as a full-time residence or weekend retreat near Lake Travis.

Inside, the home is filled with character featuring vaulted ceilings, white shiplap walls, corrugated metal accents, warm wood finishes, and abundant natural light. The open-concept living area is anchored by a freestanding wood-burning stove, creating an inviting space that feels both modern and rustic. Upstairs, the loft offers flexible space for guests, a home office, or additional sleeping area.

Outside, the property continues to shine with a circular gravel driveway, detached powered workshop with water, covered storage areas, ranch-style fencing, and room for boats, outdoor gear, hobbies, or recreational equipment.

Residents of Lakeside Beach enjoy gated access to Lake Travis amenities including a private boat ramp, fishing dock, waterfront park, pool, picnic areas, and lake access. Conveniently located near Spicewood favorites including Pace Bend Park, Briarcliff Marina, local wineries, golf courses, and popular Hill Country restaurants, this property offers the relaxed lake lifestyle buyers are searching for.
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THE NEIGHBORHOOD

Explore the location.

505 Broken Arrow, Spicewood, TX 78669

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2021
Full baths
2
Half baths
0
Garage spaces
1
Cooling
Ceiling Fan(s), Central Air
Heating
Central
Appliances
Dishwasher, Electric Cooktop, Microwave, Free-Standing Electric Oven, Refrigerator
Flooring
Vinyl
Fencing
Back Yard, Full
Accessibility
None
Pool features
None
Subdivision
Lakeside Beach
Parcel
26378
HOA
Lakeside Beach
HOA amenities
Common Area Maintenance
HOA fee frequency
Annually
Elementary school
Spicewood (Marble Falls ISD)
Middle school
Marble Falls
High school
Marble Falls
Annual property tax
$3,590.67
HOA fee
$500.00

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$817.40
Estimated monthly rent$1,604.17
Cap rate2.80%

Annual operating income: $10,771.32

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Your property and current assumptions will be included for our team to review.

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 & interest—Loan 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

See its potential.
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
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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505 Broken Arrow, Spicewood, TX 78669 · MLS #ACT8424700

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Listing information

MLS #ACT8424700 · Austin Board of Realtors

Listing brokerage: Compass RE Texas, LLC
Listing agent: Casey Marquez

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