Residential and Investment Advisor, REALTOR®.

Volunteer opportunities, including free travel

Michelle Adams — Sat, 04 May 2013 22:58:27 +0000

10 volunteer opportunities for free travel (via Matador Network)

The chance to give something back, share your skills and knowledge, meet other travelers, or simply to meet the locals. THERE ARE MANY reasons to volunteer while you’re traveling, and there are literally thousands of charities and organizations that look for help from passing travelers. Many ask…

Mineral Mayhem : Tierra Grande Article minerals in texas

Michelle Adams — Fri, 21 Dec 2012 01:56:09 +0000

A Reprint from Tierra Grande
Legal Issues
The recent lucrative discoveries
of gas in the Barnett, Eagle Ford
and Haynesville Shales sparked
several appellate cases from
disgruntled sellers. In these cases,
the sales contracts called for the
sellers to retain the minerals, but
the reservation was omitted in the
deeds. According to Texas law, the
deed conveys all rights owned by the
seller not reserved. Although these
cases involved rural property, the
issue is becoming more prevalent in
urban areas as well.
Generally, the parties to these transactions correct the mistakes
cordially by executing and filing correction deeds. What
happens, though, if a cordial resolution is impossible? Can the
courts order reformation of the deed? What is the statute of
limitations? Is the scrivener (the professional who drafted the
deeds) liable?
Governing Laws
Three rules of law answer these questions. First, the Statute of
Frauds (Sections 26.01 of the Texas Business and Commerce
Code and 5.021 of the Property Code) requires that agreements
for the sale of real estate be placed in writing and signed to
make the agreement enforceable. In this instance, the document
is the earnest money contract.
Second, Texas’ merger doctrine holds that at closing, all prior
agreements, including those depicted in the earnest money
contract, merge into the deed. The deed, not the sales contract,
represents the final expression of all prior agreements.
Consider this example. The buyer and seller enter an earnest
money contract for the sale of East Texas land. The seller reserves
all minerals in the contract. At closing, the seller delivers the deed
prepared by an attorney chosen by the title company. However,
the deed omits the mineral reservation, and the mistake goes
unnoticed by the seller. The deed in essence conveys the minerals
to the buyer in violation of the earnest money contract.
Later, the Haynesville Shale is discovered in the area. An oil
company approaches the purchaser, not the seller, to lease the
minerals. The error becomes obvious and the seller demands
correction.
By Judon Fambrough
In October 2006, Curtis contracted to sell Simpson eight
acres in Sabine County, Texas. The seller reserved all the minerals
in the contract. A month later, the transaction closed at
the Sabine Abstract and Title Company, the same title company
that prepared the deed. But the deed did not include the
mineral reservation.
Two years later, the error surfaces. Simpson refused to
execute a correction deed, so Curtis sued for deed reformation
based on a mutual mistake. The title company employee who
prepared the deed testified she did not see the mineral reservation
in the earnest money contract. The mistake was her fault.
The trial court ordered the deed reformed. Simpson appealed
on two grounds. First, the evidence was legally insufficient
to support a mutual mistake. To this end, the appellate court
responded that two elements are needed for reformation:
The title company pressures the parties to resolve the issue
by executing a correction deed. The buyer refuses, anticipating
a windfall from the mineral ownership.
This is where the third rule of law comes into play, the statute
of limitations. Has too much time elapsed for the seller to
sue for deed reformation? According to Section 16.051 of the Texas Civil Practices
and Remedies Code, a suit must be filed within four
years of the date the deed was delivered. If more than
four years have transpired, a suit to reform the deed is barred,
and the seller cannot recover the minerals.
There is an exception known as the discovery rule. The
four years is measured not from the delivery of the deed, but
from the time the seller should have discovered the mistake
in the exercise of reasonable diligence. This means the injury
must be inherently undiscoverable and
objectively verifiable when the transaction
occurred. The test is a question of
fact for the jury. In this case, the seller
would argue the discovery rule applies.
The statute starts to run when the oil
company approached the buyer for a
mineral lease, not at closing.
Assuming the statute of limitations
has not expired, how does the merger
doctrine affect the situation? Remember,
according to this rule, the deed is
the final expression of the agreement
between the parties. When a contradiction
exists between the earnest money
contract and the deed, the deed controls.
But, again, an exception exists. The
merger doctrine applies only in the absence
of fraud, accident or mistake.
Defining ‘Mistakes’
An allegation of fraud, accident or
mistake by either party opens the entire
transaction to scrutiny. Otherwise, the
merger doctrine prevents either party
from introducing evidence of prior agreements contradicting
the terms of the deed.
But not all mistakes are grounds for reformation. Broadly
speaking, reformation may be ordered for mutual mistakes,
not for unilateral mistakes unless induced by fraud, misrepresentation
or undue influence.
A mutual mistake means both parties labor under the same
misconception concerning a material fact to the transaction.
For instance, a mutual mistake occurs when a draftsman employed
by both parties chooses the wrong words to express the
agreement (Hale v. Corbin, 83 S.W. 2d 726) or fails to express
the real agreement of the parties (Hill v. Brockman, 351 S.W.
2d 934).
Texas Jurisprudence III, a legal treatise on Texas case law,
contains a section entitled “Scrivener’s Error” that is relevant
to mutual mistakes. It states, “If a mistake has been made by a
scrivener or typist, an instrument (the deed) may be reformed
and modified by a court to reflect the true agreement of the
parties when the mistake is mutual.”
Two recent appellate cases exemplify this rule. In September
2010, the Tyler Court of Appeals released its opinion in the
case of Simpson v. Curtis (No. 12-09-00292-CV).
(1) There was an agreement and (2) a mutual mistake occurred
when it was reduced to writing. Here, both parties were under
the mutual mistaken impression that the deed followed the
terms of the earnest money contract. Secondly, Simpson contended that the merger doctrine
precludes the introduction of prior agreements contradicting
the terms of the deed. The court responded that
the merger doctrine does not apply in the face of a mutual
mistake.
A similar case was decided by the Eastland Court of Civil
Appeals in April 2011 (Gail v. Berry [11-09-00299-CV]). The
sale involved 176 acres in Scurry County, Texas. Again, the
earnest money contract stated the minerals were to be reserved
and the deed failed to reflect the reservation. The attorney who
drafted the deed admitted making the error.
The buyer refused to sign a correction deed. The seller sued
for deed reformation and won. The buyer appealed, raising the
same arguments as in the previous case with a couple of exceptions.
First, the buyer argued it was a unilateral mistake, not a
mutual mistake.
The buyer testified she noticed the deed did not contain a
mineral reservation at closing, but said, “I was satisfied that
A suit must be filed within
four years of the date the
deed was delivered. If more
than four years have passed,
a suit to reform the deed is
barred, and the seller cannot
recover the minerals.
THE TAKEAWAY
Things get complicated when mineral reservations spelled
out in earnest money contracts are mistakenly omitted
from deeds. If such errors cannot be resolved cordially, sellers
and buyers are at the mercy of the statute of frauds, the
merger doctrine and the statute of limitations.
they had agreed to let me have the mineral interest . . .” From
her perspective, there was no mutual mistake. It was a unilateral
mistake.
The court ruled to the contrary. If the buyer knew of the
mistake at the time the deed was signed, the judge said, a unilateral
mistake by the seller equates to a mutual mistake.
Finally, the buyer argued the mistake was the fault of the
attorney who drafted the deed, so the seller should sue the
attorney for damages. This follows the canons of construction,
which hold that deeds should be construed to convey the greatest
estate possible to the buyer and reserve the least possible
estate to the seller.
But the court responded that the canons of construction
apply only when the deed is ambiguous. The buyer raised no
allegation of ambiguity at trial. However, the buyer’s argument for suing the attorney
is not without merit. The case of Bryan v. Dallas National
Bank (135 S.W. 2d 249) supports her contention
even though it did not involve a mineral reservation. In that
case, the scrivener of a deed of trust (a mortgage instrument)
incorrectly stated the sale was subject to a $781 promissory
note. The buyers wanted the deed of trust corrected (reformed)
based on a mutual mistake (a scrivener’s error).
The scrivener testified that he prepared two deeds: one referenced
the $781 promissory note and other did not. He picked
up the wrong document when he went to closing “. . . through
mistake. I did not notice that this (the reference to the $781)
was in there (in the deed of trust).”
The appellate court ruled no mutual mistake occurred. The
court stated that according to his own admissions, Bryan (the
preparer) alone committed the error. It was a unilateral mistake.
The evidence failed to raise an issue of an alleged mutual
mistake.
Finally, when does the corrected or reformed deed become
effective? Is it the date the correction occurs or does it relate
back to the date of the original transaction? Case law holds
that the mistake, once corrected, refers back to when the
deed was delivered to and accepted by the buyer. (For more
about this topic, see Deed Reformation: Relation Back Doctrine
at http://recenter.tamu.edu/pdf/1191.pdf.)
This rule works well as long as the
buyer has not conveyed the property
to a third party. What would happen
if the error was discovered after, not
before, the buyer signs the oil and gas
lease and the oil company records it?
Can the courts effectively void the
mineral lease in this instance? Remember,
an oil and gas lease in Texas
is a deed, not a rental or lease agreement,
despite the label. Probably not. If the oil company
pays good and valuable consideration
for the lease and takes
it without any actual or constructive
knowledge of the prior mistake, the
oil company becomes what is known
as a bona fide purchaser (sometimes
called an innocent purchaser). Case law holds that reformation
(of the prior deed) will not be granted when it disturbs the
rights of a bona fide (innocent) purchaser.
Actual notice means that no one told the oil company, prior
to taking the lease, that there was a mistake in the prior deed.
Constructive notice means that the oil company could not
have discovered the mistake by examining the deed records
or physically visiting the property. (For more about bona fide
purchasers see Deeds and the Texas Recording Statutes, http://
recenter.tamu.edu/pdf/1267.pdf).
Seller Responsible
The doctrine regarding a bona fide purchaser stems from the
principle that equity will not grant relief when the person asking
for the resolution was responsible for creating the problem.
That is, when one of two innocent parties must suffer (the
seller or the oil company), the one responsible for creating the
problem is liable. Here, the seller is responsible for not examining
the deed before signing it.
Does this mean the seller is without legal recourse? If the
deed cannot be reformed, the seller may sue the parties responsible
for damages. In this case, the seller would probably
sue both the title company and the attorney who prepared the
deed. The controversy would focus on whether the title company
gave the attorney correct instructions for preparing the
deed and whether the attorney failed to follow those instructions.
Of course, the defendants would argue the seller was at
fault for failing to examine the deed before signing it.
Fambrough (judon@tamu.edu) is a member of the State Bar of Texas and a
lawyer with the Real Estate Center at Texas A&M University.
When one of two innocent
parties must suffer (the seller
or the oil company), the one
responsible for creating the
problem is liable.
MAYS BUSINESS SCHOOL
Texas A&M University
2115 TAMU
College Station, TX 77843-2115

http://recenter.tamu.edu

979-845-2031
Director, Gary W. Maler; Chief Economist, Dr. Mark G. Dotzour; Communications Director, David S. Jones; Managing Editor, Nancy McQuistion; Associate Editor,
Bryan Pope; Assistant Editor, Kammy Baumann; Art Director, Robert P. Beals II; Graphic Designer, JP Beato III; Circulation Manager, Mark Baumann; Typography,
Real Estate Center.
Advisory Committee
Joe Bob McCartt, Amarillo, chairman; , Mario A. Arriaga, Spring, vice chairman; Mona R. Bailey, North Richland Hills; James Michael Boyd, Houston;
Russell Cain, Fort Lavaca; Jacquelyn K. Hawkins, Austin; Kathleen McKenzie Owen, Pipe Creek; Kimberly Shambley, Dallas; Ronald C. Wakefield, San Antonio;
and Avis Wukasch, Georgetown, ex-officio representing the Texas Real Estate Commission.
Tierra Grande (ISSN 1070-0234) is published quarterly by the Real Estate Center at Texas A&M University, College Station, Texas 77843-2115. Subscriptions
are free to Texas real estate licensees. Other subscribers, $20 per year. Views expressed are those of the authors and do not imply endorsement by the
Real Estate Center, Mays Business School or Texas A&M University. The Texas A&M University System serves people of all ages, regardless of
socioeconomic level, race, color, sex, religion, disability or national origin. Photography/Illustrations: Robert Beals II, p. 1.

Homestead

Michelle Adams — Fri, 21 Dec 2012 01:07:51 +0000

According to the Texas Tax Code (Code) , the definition of “Residence homestead” means a structure (including a mobile home) or a separately secured and occupied portion of a structure (together with the land, not to exceed 20 acres, and improvements used in the residential occupancy of the structure, if the structure and the land and improvements have identical ownership) that:
(A) is owned by one or more individuals, either directly or through a beneficial interest in a qualifying trust;
(B) is designed or adapted for human residence;
(C) is used as a residence; and
(D) is occupied as his principal residence by an owner or, for property owned through a beneficial interest in a qualifying trust, by a trustor of the trust who qualifies for the exemption.

Texas property taxes are levied ad-valorem, meaning according to value. Each of Texas’ 253 county appraisal districts uses its own appraisal methods to determine the value of the residential property in its jurisdiction. The appraisal district submits these property values to the various taxing jurisdictions (i.e. school district, utility district, etc.) within the district’s boundaries. The assorted local taxing jurisdictions subtract state mandated and any approved local tax exemptions from the appraised value to determine the Taxable Value of the property. Then, the local jurisdictions apply their tax rate to the Taxable Value of the property to determine the amount owed to each of them. The total tax bill on a piece of property is the sum of the amounts owed to each taxing jurisdiction in which the property is located.

Approximately 3,500 jurisdictions in Texas have authority to tax property, and each governing body has considerable leeway to determine the tax rate that it will levy. In many locations, special districts have been created to carry out specific government functions. Over 1,000 such districts exist in Texas today. They include: municipal utility districts, drainage districts, water districts, road districts, and fire districts, just to name a few. Property taxes comprise a very large share of total taxes in Texas. Therefore, it is important that the values on which property taxes are based be determined in an accurate and professional manner. Equitable appraisal means that all property throughout the state is treated uniformly. This is especially difficult considering that property in Texas is appraised not by one central unit, but by 253 separate appraisal districts.

Everyone is entitled to $15,000 off appraised value of their “residence homestead” for purposes of school district taxation under 11.13(b) of the Code. There are no other mandatory across the board homestead discounts for city, county or school taxes. However, 11.13(n) provides for an optional discount that can be created by any taxing unit (not just school district) which apply to all residence homestead owners in that taxing unit, whether it is a city, utility district, or county. This additional amount, if enacted, must be at least $5,000, but can be up to 20% of the appraised value of a home. In considering a move in the Central Texas area, it is worth reviewing which taxing entities you will be under, and whether or not they offer additional discounts under this section of the Code.

Along with the above discounts, under 11.13(c) of the Code, those 65 and over are entitled to a mandatory exemption of $10,000 off the appraised value of their residence homestead for school district taxation. In addition, under 11.13(d) a school district can offer an optional discount to those 65 and over that is not limited by maximum amount or percentage. The Texas Constitution provides for optional exemptions for those 65 and over by counties, municipalities, and junior college districts. For example, Travis County has a $65,000 optional discount for those 65 and over. A person age 65 or over living in Travis County can take $65,000 off of the appraised value of their property, and an additional 20% or $5,000, whichever is greater, for purposes of taxes payable to Travis County. Unfortunately, the taxes paid to the County are only a small piece of your tax assessment.

In addition, Under Code § 11.26(a), a school district may not increase the total amount of ad valorem tax it imposes on the residence homestead of an individual 65 years of age or older above the amount of the tax it imposed in the first tax year in which the individual qualified that residence homestead for the 65 or older exemption under § 11.13(c). This is commonly known as the “tax freeze.” In 2001, the Texas Legislature amended Section 11.26(g) to provide tax freeze transferability to the spouses of deceased taxpayers as long as the surviving spouse is 55 at the time of his or her spouse’s death.

Texas Land & Home Search

Michelle Adams — Wed, 05 Dec 2012 04:02:16 +0000

Good morning Steve and Rosemary,

It was wonderful speaking with both of you on Monday. I do hope Florida is as sunny as Austin is now. It is 80 degrees today and has been warm enough to play cards on the patio at night. I can’t say I’m missing the snow back in Kentucky. I want to share some exciting properties with you, the home featured below is 4,000+/-SQFT, features a guest home, 76 acres and 1800 feet of spring-fed Alligator Creek. Located down a paved county road at a 900 foot concrete drive, this home is ideal for those seeking privacy and open views. This house was designed with energy efficiency in mind, taking advantage of the surrounding 76 acres of native and improved grass, trees and panoramic views. Included in the acreage are rights to both sides of Alligator Creek… there aren’t any Alligators but it does feature a 12,000 gallon storage tank. Please find additional properties with Land & Home below, These homes are located in desirable areas near Austin with intriguing market statistics and leverage. The Spicewood Springs area has seen an increase in activity. It’s proximity to Austin, new avenues of transportation, low tax rates and lack of HOA dues, allow these homes to accentuate any lifestyle. Given the impending changes to the tax code, I believe our sellers are motivated. I am dedicated to finding the perfect property for your investment and lifestyle goals, what features in your current home do you value most? What additional features would you like in your new home? I will send you the land listings in an email to follow. In the mean time, I am happy to dig up dirt on any properties you may be considering now or happen to run across. To keep within your timeline we’d want all the information as quickly as possible.

I look forward to working with you,

Michelle Adams,

REALTOR® GRI, CNE

Real Estate Consultant

Ultima Real Estate

512.574.2969 cell | 512.812.4412 fax | 512.222.6636 Office

Property Features

Views: Hill Country ,Fields , Panoramic

Barn/Stable

Outbuildings

Patio-Covered

Porch Open

Horse Facilities

Storage BuildingPorch:Open PorchSprinklers:In-ground

Multiple YardsProperty Tax:$7975.89 annually

Current HOMESTEAD, SENIOR TAX EXEMPTIONS, AG APPRAISAL

Detached garage is previous home with fireplace, exercise and tv, can be coverted back to 2200 sf home. 76 acres of native and improved grass, both sides of spring-fed alligator creek. House faces W, with evening views facing E, away from the sun. On a paved, county maintained road.

Elementary School:	Spicewood
Middle School:	Marble Falls N/A
High School:	Marble Falls
School District:	Marble Falls ISD
Waterfront:	Y
View:	Y

Building
Bedrooms:	3
Full Baths:	3
Partial Baths:	1
# Stories:	2
Living Area (SqFt):	4,163
Garage Spaces:	4
Year Built:	2007
Lot Size (Acres):	76.68

Financials
List Price:	$1,990,000
Orig. Price:	$2,100,000
Assessed Value:	$476,913
AG APPRAISAL

on acreage $7,891

Monthly Taxes:$665

Current HOMESTEAD, SENIOR TAX EXEMPTIONS,

(+) Improvement Homesite Value:	+	$445,022
(+) Improvement Non-Homesite Value:	+	$0
(+) Land Homesite Value:	+	$24,000
(+) Land Non-Homesite Value:	+	$0	Ag / Timber Use Value
(+) Agricultural Market Valuation:	+	$484,086	$7,891
(+) Timber Market Valuation:	+	$0	$0
		————————–
(=) Market Value:	=	$953,108
(–) Ag or Timber Use Value Reduction:	–	$476,195
		————————–
(=) Appraised Value:	=	$476,913
(–) HS Cap:	–	$0
		————————–
(=) Assessed Value:	=	$476,913

Tax Information

93% Improved : Assessment & Tax

Assessment Year	2012 – Preliminary	2011	2010	2009
Market Value – Total	$953,108	$953,108	$953,108	$953,108
Market Value – Land	$508,086	$508,086	$508,086	$508,086
Market Value – Improved	$445,022	$445,022	$445,022	$445,022
Assessed Value – Total	$476,913	$476,913	$476,913	$476,913
YOY Assessed Change ($)	$0	$0	$0
YOY Assessed Change (%)	0%	0%	0%

Tax Year	Tax Amount – Estimated	YOY Tax Change ($)	YOY Tax Change (%)
2010	$7,921
2011	$7,976	$55	0.7%
2012	$7,976	$0	0%

Jurisdiction	Tax Amount	Tax Rate
Burnet County	$1,589.07	.3332
Burnet County Special	$186.95	.0392
Marble Falls ISD	$6,152.18	1.29
Central Texas Gwcd	$47.69	.01

Characteristics

Land Use:	Farms	Porch:	Porch
State Use:	Farm-Rnch-Imps Residence	Garage Type:	Garage
Lot Acres:	84.68	Garage Capacity:	MLS: 4
Building Sq Ft:	4,163	Garage Sq Ft:	1,792
Gross Area:	4,163	Roof Type:	Gable
Stories:	MLS: 2	Roof Shape:	Gable
Bedrooms:	MLS: 3	Interior Wall:	Stone
Total Baths:	Tax: 2 MLS: 4	Foundation:	Slab
Full Baths:	Tax: 1 MLS: 3	Floor Cover:	Carpet/Vinyl
Half Baths:	1	Year Built:	MLS: 2007

Features

Feature Type	Size/Qty	Value
Garage	1,792	$47,981
Porch	360	$4,820
Storage		$1,000
Storage		$1,000
Barn	1	$500
Storage		$1,000

Listing Information

Current Listing Price:	$1,990,000
Original Listing Price:	$2,100,000

MLS Status	Sold	Expired	Expired
MLS Listing Date	04/08/2005	04/30/2002	09/28/2001
MLS Orig Listing Price	$850,000	$0	$0
MLS Listing Price	$850,000	$790,000	$790,000
MLS Close Date	06/20/2005
MLS Listing Close Price	$800,000	$0	$0
MLS Listing Expiration Date	07/09/2005	01/29/2003	03/06/2002

Price and Days Listed Analysis

Address	List Price	Sold Price	Days Listed	Sale Date	SqFt	Bedrooms	Bathrooms

	$1,990,000		192		4,163	3	3
Sold Properties
533 Wesley Ridge DR	$379,000	$350,000	133	Aug 03, 2012	3,436	3	3
209 Double Horn TRL	$450,000	$435,000	55	Oct 17, 2012	3,681	4	2
1401 Ridge Harbor DR	$449,000	$410,000	210	Nov 01, 2012	3,000	3	2
132 Hidden Springs CT	$599,000	$560,000	83	Mar 26, 2012	3,310	3	3
2431 FOUNDERS CIR	$295,000	$281,300	80	May 14, 2012	2,446	3	3
708 Wesley Ridge DR	$259,900	$237,500	136	Oct 05, 2012	2,944	4	3
101 Flint Rock TRL	$649,000	$630,000	41	Jul 11, 2012	3,733	3	4
26801 Founders Pl	$419,000	$384,500	353	Aug 24, 2012	2,925	3	2
26605 Hunters Grove CT	$325,000	$285,000	309	Sep 12, 2012	2,457	3	2
Active Properties
Address	List Price	Sold Price	Days Listed	Sale Date	SqFt	Bedrooms	Bathrooms
331 Coventry RD	$699,900		128		2,910	3	3
117 A Keswick Dr.	$325,000		26		2,406	3	3
1017 Coventry RD	$699,900		129		3,088	3	3
1000 Deerpath WAY	$484,500		6		4,790	4	4
411 Coventry RD	$699,000		122		2,522	3	2
211 Hill Loop	$499,000		3		2,941	3	3
500 Contrails WAY	$1,699,999		18		6,553	4	3
343 Coventry RD	$549,000		84		3,542	4	3
510 Coventry RD	$237,500		157		1,990	3	2
840 County Road 421	$1,675,000		73		3,896	3	2
509 Coventry RD	$779,000		242		3,441	4	4
604 Littlewin	$135,000		35		1,304	3	2

Where exactly is Spicewood located?

Spicewood is located on the south side of Lake Travis, along Hwy 71. It is just west of the City of Bee Cave.

What is the average price of the homes?

The average price of a home in Spicewood is $443,000, with prices ranging from $199,000 to $4,750,000.

What is the average age of the homes?

The average age of a home in Spicewood is 10 years, with homes built between 1960 and 2008.

What is the average size of the homes?

Homes in Spicewood have an average size of 2,400 square feet, with actual sizes ranging from 864 to 6,100 square feet.

How long do homes stay on the market?

Homes in this neighborhood are currently on the market for an average of 44 days.

Why do residents choose to live there?

Some of the neighborhoods in Spicewood offer acreage lots, Hill Country or lake views, and access to Lake Travis.

What are some negatives of living there?

I suppose the folks who choose to live in Spicewood don’t consider it a negative, but it’s a bit of a drive to the grocery

store and shopping.

What are the public schools like?

The eastern side of Spicewood attends Lake Travis schools, and the western part of Spicewood attends Marble Falls schools.

How close are the schools?

Lake Travis schools are located 8 to 10 miles from Spicewood, and Marble Falls schools are located 1 to 12 miles from Spicewood.

Are there any private schools nearby?

There are a couple of private schools located in Spicewood.

Are there any pre-schools nearby?

Yes, there is a pre-school located in Spicewood.

What kind of amenities are offered?

Communities in this area vary greatly in what they offer. There are golf courses, parks, lake access, equestrian facilities,

and wineries in the area.

Are there any organized community groups or community activities?

There are neighborhood groups in several of the Spicewood neighborhoods.

What are the most sought after streets?

There are many choices of lifestyle in the Spicewood area, and I don’t think any one street is the most sought after.

What are the most popular neighborhoods?

Residents can enjoy lake living, acreage property, and everything in between. The most popular of those would be hard to

determine, as everyone is looking for something different.

Where do people go out to eat?

Some of the great places to eat in Spicewood include Backstage, Opie’s BBQ, and the Lake House Café.

Where do people shop for groceries?

If you live in Spicewood, the closest grocery is the market at the corner of Highway 71 and Pace Bend Road, or the market

at the corner of Highway 71 and Spur 191 (Hollingsworth Corner). For a larger grocery store, you can drive to Bee Cave or Lakeway.

Where do people workout?

People in Spicewood workout at the lake or may drive into Bee Cave or Lakeway for the health clubs.

What kind of organized sports are offered?

Lake Travis Youth Association organizes sports in the Spicewood area. They have basketball, baseball, soccer, lacrosse,

volleyball, softball, cheer, and tennis.

What is the traffic like when commuting to downtown?

Traveling from Spicewood is highway driving until you reach the City of Bee Cave. From there,

the speed limit is 55 to 60 MPH with traffic lights until you reach Westlake, where speed limits drop to 35 MPH.

How long does it take to commute downtown?

It takes 45 minutes to commute downtown from Spicewood on a typical day.

How long does it take to drive to the airport?

It takes about an hour to drive to the airport from Spicewood in average, daytime traffic.

What is Ag Appraisal in Texas?
We have informational packets available about the Ag Appraisal process and how it can save you money…

Michelle Adams,

Ultima Real Estate

Real Estate Consultant

Please review Information about brokerage services

Current Government Affairs Committee Member

LAND, RESIDENTIAL & COMMERCIAL

Sales | Leasing | Purchasing

Hyde Park Vacation Rental

Michelle Adams — Wed, 26 Sep 2012 22:45:03 +0000

VRBO Vacation Rental #437407 |
View all dates