NOT LISTED FOR SALE

23617 Indian Divide Cove Spicewood, TX 78669

Estimated Value: $1,277,751 - $1,489,000

5 Beds
4.5 Baths
4,177 Sq Ft
$331/Sq Ft Est. Value

Last Sold August 06, 2020

Current estimated payment $9,909/month

53 Days on Market

Highlights

  • Lake Front
  • Private Dock
  • Two Primary Bedrooms
  • Spicewood Elementary School Rated A-
  • In Ground Pool
  • Panoramic View

About This Home

As of August 2020

Situated on the Pedernales River, this property was custom built with no stone left unturned. The three story (main level is 2nd floor) Mediterranean estate comes with a gourmet kitchen, open floor-plan, two master suites (bottom floor and third floor), office, game room, wet bar, and a sparkling pool over looking the river! The indoor/outdoor living is what this house is all about! Walk down to the water or sit on your patio and take in the amazing views! Horse friendly! Gated Community! LOW TAX RATE!FEMA - Unknown Sprinkler Sys:Yes

Last Agent to Sell the Property

Jonathan Hubbard

Compass RE Texas, LLC License #0604203 Listed on: 04/30/2020

Compass RE Texas, LLC

Last Buyer's Agent

Lindsey Hayes

Best of Texas Real Estate License #0652312

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,362

Year Built

  • Built in 2006 | Remodeled

Lot Details

  • 2.55 Acre Lot
  • Lake Front
  • River Front
  • Fenced
  • Sprinkler System
  • Private Yard
  • Property is in excellent condition

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 3 Car Garage

Property Views

  • River
  • Lake
  • Panoramic

Home Design

  • Slab Foundation
  • Tile Roof
  • Stone Veneer
  • Stucco

Interior Spaces

  • 4,177 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Bookcases
  • Crown Molding
  • Recessed Lighting
  • Family Room with Fireplace
  • 2 Fireplaces
  • Multiple Living Areas
  • Terrazzo Flooring

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Free-Standing Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Double Vanity

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Private Dock
  • Balcony
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Outdoor Kitchen
  • Outdoor Grill

Schools

  • West Cypress Hills Elementary School
  • Lake Travis Middle School
  • Lake Travis High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 05500902040000
  • Tax Block A

Community Details

Overview

  • Association fees include common area maintenance
  • Paleface Ranch HOA
  • Paleface Ranch Sec 03 Subdivision

Recreation

  • Boat Dock

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,362

Year Built

Built in 2006 | Remodeled

Lot Details

0

HOA Fees

$33 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Building Area Total: 4177
  • Year Built: 2006
  • Directions: Hwy 71 West to Paleface Ranch, right into the gate, 1st right on Indian Divide, right on Indian Divide Cove, house on the left.
  • Disclosures: See Remarks
  • Fencing: Fenced, Privacy
  • Fireplaces: 2
  • Garage Spaces: 3
  • Levels: Three Or More
  • Living Area: 4177
  • Special Listing Conditions: Standard
  • Estimated Taxes: 14806.00
  • FEMA Flood Plain: See Remarks
  • Restrictions: None
  • Tax Exemptions: Homestead,Over 65,See Remarks
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Two Primary Suties, Bookcases, Breakfast Bar, Crown Molding, Double Vanity, Interior Steps, Multiple Living Areas, Recessed Lighting, Walk-In Closet(s), Wet Bar
  • View: Lake, Panoramic, River
  • Flooring: Terrazzo
  • Fireplace Features: Family Room, Outside
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Double Oven, Free-Standing Range, Refrigerator
  • Property Condition: Updated/Remodeled, Excellent
  • Security Features: None
  • Spa Features: Hot Tub, In Ground
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: Laundry Room
  • Num Dining: 1
  • Num Living: 2
  • Num Other Level Beds: 5

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Balcony, Barbecue, Boat Dock - Shared, Outdoor Kitchen, Boat Dock - Private, Private Yard
  • Roof: Tile
  • Foundation: Slab
  • Patio And Porch Features: Barbecue, Covered, Patio
  • Pool Features: In Ground
  • Private Pool: Yes
  • View: Yes
  • Water Body Name: Pedernales River
  • Waterfront Features: Lake Front, River Front
  • Waterfront: Yes

Garage/Parking

  • Total Covered Spaces: 3
  • Parking Features: None

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Available
  • Heating: Central
  • Water Source: Well
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance
  • Association Fee Frequency: Annually
  • Association Fee: 400

Association/Amenities

  • Association Name: Paleface Ranch HOA
  • Association: Yes
  • Community Features: Gated

Schools

  • Elementary School: West Cypress Hills
  • High School: Lake Travis
  • Middle/Junior School: Lake Travis
  • Junior High Dist: Lake Travis ISD

Lot Info

  • Lot Features: Sprinkler - Automatic
  • Parcel Number: 05500902040000
  • Lot Size Acres: 2.55
  • Lot Size Sq Ft: 111078
  • Subdivision Name: Paleface Ranch Sec 03
  • Crops: None

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No

Building Info

  • Construction Materials: Stone Veneer, Stucco

Tax Info

  • Tax Block: A
  • Tax Year: 2019
  • Tax Annual Amount: 12362
  • Tax Map Number: 14
  • Tax Filled Sqft Total: 4177
  • Tax Rate: 1.91236000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2020
Closed on
Aug 6, 2020
Sold by
Kathman Robert L and Kathman Kristen
Bought by
Loftis James L and Loftis Leslie Michelle
Seller's Agent
Jonathan Hubbard
Compass RE Texas, LLC
Buyer's Agent
Lindsey Hayes
Best of Texas Real Estate
List Price
$1,349,000
Current Estimated Value
$1,383,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.50%
Original Mortgage
$1,079,200
Outstanding Balance
$963,799
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$419,577

Purchase Details

Closed on
Nov 14, 2012
Sold by
Tatum Dana F
Bought by
Kathman Robert L

Purchase Details

Closed on
Sep 13, 2011
Sold by
Kathman Robert L
Bought by
Kathman Robert L and Tatum Dana F

Purchase Details

Closed on
Mar 15, 2008
Sold by
Kathman Kendra F
Bought by
Kathman Robert

Purchase Details

Closed on
Mar 6, 2006
Sold by
Kathman Robert L and Kathman Kendra F
Bought by
Kathman Robert L and Kathman Kendra F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,000
Interest Rate
6.19%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 3, 1999
Sold by
Kathman Robert L and Kathman Kendra F
Bought by
Kathman Robert L and Kathman Kendra F

Purchase Details

Closed on
Jul 31, 1998
Sold by
Kathman Robert L
Bought by
Pierson Kendra F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.9%

Purchase Details

Closed on
Jul 8, 1998
Sold by
Jj Builders Inc
Bought by
Kathman Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.9%

Purchase Details

Closed on
Apr 20, 1997
Sold by
Wagner William H and Wagner Billie Y
Bought by
Martin Joe C

Purchase Details

Closed on
Jun 10, 1996
Sold by
Levi Malcolm B
Bought by
Jj Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
7.99%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Loftis James L -- Heritage Title
Kathman Robert L -- --
Kathman Robert L -- None Available
Kathman Robert -- None Available
Kathman Robert L -- None Available
Kathman Robert L -- --
Pierson Kendra F -- --
Kathman Robert L -- Stewart Title
Martin Joe C -- Texas Professional Title Inc
Jj Builders Inc -- Texas Professional Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loftis James L $1,079,200
Previous Owner Kathman Robert L $688,600
Previous Owner Smeyne Maury A $40,000
Previous Owner Kathman Robert $638,150
Previous Owner Kathman Robert L $619,000
Previous Owner Kathman Robert L $529,000
Previous Owner Pierson Kendra F $50,000
Previous Owner Kathman Robert L $50,000
Previous Owner Jj Builders Inc $54,000
Closed Kathman Robert $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2020 08/06/20 Sold -- -- --
06/22/2020 06/22/20 Pending -- -- --
04/30/2020 04/30/20 For Sale $1,349,000 0.0% $323 / Sq Ft
09/09/2013 09/09/13 Rented $3,500 -18.6% --
09/05/2013 09/05/13 Under Contract -- -- --
08/18/2013 08/18/13 For Rent $4,300 +22.9% --
01/29/2013 01/29/13 Rented $3,500 0.0% --
01/27/2013 01/27/13 Under Contract -- -- --
01/24/2013 01/24/13 For Rent $3,500 -- --
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $28,765 $2,410,651 $575,000 $1,835,651
2023 $34,979 $2,141,448 $162,000 $1,979,448
2022 $40,184 $2,254,961 $162,000 $2,092,961
2021 $25,464 $1,351,390 $162,000 $1,189,390
2020 $16,287 $851,648 $162,000 $801,908
2019 $15,228 $774,225 $162,000 $801,908
2018 $13,962 $703,841 $162,000 $810,934
2017 $12,808 $639,855 $99,000 $540,855
2016 $12,928 $645,864 $99,000 $546,864
2015 $10,840 $651,872 $99,000 $552,872
2014 $10,840 $653,145 $99,000 $554,145
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 7581678

Unlock MLS (Austin Board of REALTORS®)

APN: 431295