20815 Colorado DR W, Spicewood, TX 78669

$550,000 Asking Price

4 beds
3 baths
2,512  sqft
Built in 1980

Welcome to your Lake Travis Boat Lover's Dream Home! This exceptional property, located in the prestigious Lakewood Estates, offers unparalleled vistas of the lake and sits on a generous half-acre lot. Enjoy the benefits of a low tax rate, LTISD zoning, and a voluntary HOA, which make this property an ideal investment. Perfectly suited for the booming short-term rental market, the home can be sold fully furnished, ensuring a seamless transition for potential renters. Whether you’re a seasoned investor or new to the short-term rental market, this property presents a unique opportunity to generate consistent income while offering guests a memorable stay. The spacious wrap-around deck is designed to maximize your enjoyment of the breathtaking water panoramas, providing a perfect setting for relaxation and entertaining. Don’t miss out on this chance to own a versatile property in a vibrant and desirable location.

Features & Amenities

Interior

General:
Built-in Features, Ceiling Fan(s), Stone Counters, Electric Dryer Hookup, Eat-in Kitchen, Kitchen Island, Multiple Living Areas, Primary Bedroom on Main, Washer Hookup
Appliances:
Cooktop, Stainless Steel Appliance(s), Trash Compactor, Electric Water Heater, Water Softener
Laundry:
Main Level
Flooring:
Carpet, Tile, Wood
A/C:
Central Air
Heating:
Central, Electric, Fireplace(s)
Fireplace:
Fireplaces: 1
Eco/Green Feature:
See Remarks, Other/See Remarks

Exterior

General:
Balcony, Workshop, See Remarks, Above Ground, Hot Tub, See Remarks
Other Structures:
Wrap Around, Deck
Pool:
None
Parking:
Driveway, Parking Pad, Parking spaces: 4

Construction

Roofing:
Composition
Windows:
Blinds, Garden Window(s)
General:
Two, Pillar/Post/Pier

Location

HOA Amenities:
See Remarks, 150.0, Annually
Originating MLS:
actris
School District:
Lake Travis ISD
County:
Travis

Lot

Zoning:
LOT 75 LAKEWOOD ESTATES, 01589003210000
View:
Hill Country, Lake, Panoramic, Trees/Woods, Water
Fencing:
Partial

Utilities

Utilities:
Cable Connected, Electricity Connected, Other, Underground Utilities
Water:
Well
Sewer:
Septic Tank

Financial

Source:
actris

This listing courtesy of:
Keller Williams - Lake Travis, Angy Beck

About Spicewood, TX

Housing

Number of Units
6,600
Median Home Value
$488,888
Median Rent
$878

9.91% of housing units are renter occupied.

16.57% are vacant.

Commute

Car
53.58%
Public Transportation
0.11%
Walk to Work
0.21%
Work from Home
44.69%
Other
1.40%

The median travel time to work is 21 minutes.

People

Population
14,531
Median Age
46.90
Median Household Size
2.83

Education

High School
13.23%
Associate’s Degree
6.85%
Bachelor’s Degree
36.47%
Graduate Degree
22.48%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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