2609 Oak Ridge DR Spicewood, TX 78620

With a current tax appraised market value of $425,000, this property is listed notably below that value, presenting a compelling opportunity with a favorable tax rate. Build your dream home on this Lake Travis waterfront lot. This nearly one-acre, mostly flat property in Spicewood offers Hill Country and lake views, mature trees, and a peaceful setting while still being close to it all. Located in highly rated Lake Travis ISD with convenient access to Hwy 71, It's All Good BBQ, Poodie's Hilltop Roadhouse, 5 Soul Winery, and Frontyard Brewery, along with nearby parks and hiking trails. The property includes electricity, an existing well, and a septic system. A 960 sq ft one-story home with two bedrooms is currently on site and is best suited for renovation or redevelopment, offering flexibility for investors or those looking to build a custom home to maximize the views. A two or three-story home could capture even more expansive waterfront views, and the mostly flat terrain makes this an ideal building site. Lake levels have risen significantly since July, and the contour slab elevation is approximately 686. No HOA and a low tax rate add long-term value. Offered at $375,000 to make the lot builder ready, or $355,000 AS IS. A rare opportunity to create your Lake Travis lifestyle.