3 bed, 2 bath, 2,376 sqft on 24.00 acres in Spicewood. Spicewood, TX 78669. $15,000,000. Lake Travis ISD.
About This Home
Private 24-Acre Riverfront Estate with Development Potential on the Pedernales River - This exceptional 24-acre property offers an extraordinary opportunity for both developers and families seeking a serene, private compound. Nestled along the scenic Pedernales River, the estate is comprised of 12 subdivided lots, providing flexibility for future development or a legacy retreat shared among family and friends. At the heart of the property lies a spacious main residence, complemented by two fully equipped guest houses, ideal for hosting extended family or accommodating short-term rentals. Property Highlights: 24 acres with ample open space, mature trees, and native landscaping Over 12 legal lots – suitable for future subdivision or custom home builds Expansive waterfront with gently sloping terrain for easy river access Two private boat docks, perfect for boating, kayaking, and swimming Main house + 2 guest homes – move-in ready or income-producing Peaceful, secluded setting with the convenience of nearby amenities Whether you're a visionary developer or someone seeking to build a multigenerational riverside retreat, this property offers the rare combination of space, access, and potential in one of Texas Hill Country’s most desirable locations.
- Property Type
- Residential
- Year Built
- 2017
- Lot Size
- 24.00 acres
- Price / Sq Ft
- $6,313
- HOA
- $75/year
- Garage
- 3 spaces
Listing information last updated August 7, 2026.
Listed by ListingSpark
MLS# 2823206 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Ceiling-High
- Ceiling-Vaulted
- Primary Bedroom on Main
- Recessed Lighting
- Walk-In Closet(s)
- Built-In Oven(s)
- Dishwasher
- Disposal
- Dryer
- Gas Cooktop
- Microwave
- Oven
- Self Cleaning Oven
- Vented Exhaust Fan
- Electric Water Heater
- Tankless Water Heater
- Water Softener Owned
- Laminate
- Heating
- Central,Electric
- Cooling
- Central Air
- Fireplaces
- 1
Exterior & Lot
- Masonry – All Sides
- Stone Veneer
- Rolling Slope
- Trees-Large (Over 40 Ft)
- Trees-Medium (20 Ft - 40 Ft)
- Trees-Moderate
- Partial
- Slab
- Covered
- Deck
- Wrap Around
- Roof
- Metal
- Lot Size
- 24.00 Acres
- Detached
- Door-Multi
- Garage Faces Front
- Open
- RV Garage
- Garage Spaces
- 3
- Waterfront
Financial
- HOA Fee
- $75 / year
- Original List Price
- $15,000,000
- Price per Sq Ft
- $6,313
Utilities
- Above Ground
- Electricity Connected
- Propane
- Underground Utilities
- Water Source
- Well
- Sewer
- Shared Septic
Transaction History
1 record on file
Every recorded listing, sale, and lease at 123 Vicinity TRL, whoever represented it.
- ActiveListed 2026Current price: $15,000,000Original list: $15,000,000MLS 2823206
- Listed · August 6, 2026$15,000,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $15,000,000
- Original list
- $15,000,000
- Price movement
- No verified reduction
- Listed / DOM
- Aug 6, 2026 · 77 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,050,072
- Assessment Year
- 2025
- Year Built
- 2017
- Parcel ID
- 000000487129
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-34.6% | — | $1,050,072 | $575,000 | — |
2024+7.2% | — | $1,606,336 | $575,000 | $268,381 |
2023+130.7% | — | $1,498,600 | $747,500 | $858,836 |
2022+18.8% | — | $649,600 | $747,500 | $751,100 |
2021 | — | $547,000 | $184,000 | $465,600 |
Zoned Schools & District Context
Lake Travis
Bee Cave Middle School
West Cypress Hills
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.
Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-10-15T18:07:03.997+00:00; normalized from annual dues.
20% ($3.0M)
Adjustable assumption - not a lending recommendation.
$15,000,000
Luxury property intelligence
Keenan Market Position
A sourced read on Spicewood pricing, timing, and property scale. No automated valuation claim.
List price
$15,000,000
Price per sqft
$6,313/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
77 days
Original to current
No verified reduction
$15M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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