
Step into a home where every detail tells a story! Starting with the stunning original hardwood floors, laid in 1940 and gleaming with decades of character underfoot. This 1,420-square-foot home wraps you in charm the moment you walk through the door.
The heart of the home is an open-concept living and kitchen space designed for real life. Granite countertops, stainless steel appliances, and a gas range in a generous center island with a raised breakfast bar keeps the conversation flowing. Perfect for hosting family or catching up after a long day. The sink sits beneath a window that frames the greenery outside.
The living room invites you to settle in. Wood floors stretch beneath a comfortable seating area. Recessed lighting keeps the space bright and welcoming, and tall windows on either side of the media wall pull in natural light and views of the fenced yard.
Three bedrooms and two full baths give everyone room to spread out, while the primary suite offers a quiet retreat at the end of the day.
Outside, the charm continues. A covered front porch with Craftsman-inspired brackets sets the tone before you even step inside. Out back, the spacious yard offers plenty of room for the dogs to run, weekend cookouts, or hosting a gathering under the stars.
And then there's the neighborhood. This is affordable Lake Travis living without compromise. A community 9-hole golf course, a private boat ramp for lake access, disk golf, and a fishing dock, all yours to enjoy. Whether you're launching the boat at sunrise, playing a quick nine after work, or casting a line as the sun sets, every day feels like a getaway.
Homes with this kind of character, affordability and and this kind of lake access don't come around often.
Property Type
Residential
Year Built
1940
Lot Size
0.18 acres
$/Sq Ft
$211
HOA
$150/mo
Listed by Keller Williams - Lake Travis
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
121 Margot LN is listed at $299,000 with 3 bedrooms, 2 full bathrooms, 1,420 square feet, 0.18-acre lot.
121 Margot LN is zoned for Marble Falls ISD with assigned schools: Spicewood (Marble Falls ISD) (elementary), Marble Falls (middle), Marble Falls (high). School assignments should be verified directly with the district.
121 Margot LN is a Residential built in 1940 featuring 3 bedrooms, 2 full bathrooms, 1,420 square feet, 0.18-acre lot.
121 Margot LN is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 121 Margot LN is $3,985. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listed with current price, original ask, and market time.

Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($60K)
$299,000
Luxury property intelligence
A sourced read on Spicewood Beach pricing, timing, and property scale. No automated valuation claim.
List price
$299,000
Price per sqft
$211/sqft
Vs. Spicewood Beach median
Not available
Days on market
3 days
Original to current
No verified reduction
$299K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 31, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($59,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 121 Margot LN is around $1,884 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $299,000, 121 Margot LN is in the Spicewood Beach market where there are currently 254 active listings in 78669. The Keenan Group has completed 9 transactions in 78669 as part of 1,000+ career sales totaling $1B+ across Austin.
121 Margot LN was built in 1940 (86 years ago). Buyers should budget for potential updates to major systems.
121 Margot LN includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
121 Margot LN is part of a managed community with HOA dues of $150 annually. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
1 event on record
Current Price
$299,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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