3 bed, 3 bath, 3,354 sqft on 5.07 acres in Spicewood. Spicewood, TX 78669. $1,395,000. Lake Travis ISD.
About This Home
One of best homes on one of the best lots in Paleface Ranch! Extraordinary Texas Classic Hill Country Home on 5.07 acres covered in native Live Oaks.
IDEAL LOCATION
Located near the quiet end of the neighborhood, almost one mile from Highway 71, this estate is ideally situated at the crest of the hill among dozens of manicured Live Oaks, this idyllic Texas Hill Country estate was designed for comfortable entertaining and the lifestyle Central Texas is famous for.
Located in the established acreage community of Paleface Ranch with private boat ramp access to the Pedernales River and Lake Travis, the 5.07 acre parcel backs to a wildlife protected parcel with hill country views from both the front and rear of the property.
EXPANSIVE MAIN FLOOR LIVING
With approx. 3,354 square feet of indoor living and over 1,000 square feet of covered outdoor space make this country retreat feel like home and has entertained friends and family for years.
With approximately 2,800 square feet on the main floor featuring a large primary suite, two living areas and huge entertainer's kitchen with two guest suites overlooking the rear patio, this home has comfortably hosted hundreds of guests over the years.
OPPORTUNITY TO ADD AN ADDITIONAL GUEST HOUSE (1,200 SF Minimum per HOA)
Property Features
Structure: A 3,354-square-foot home (per TCAD) featuring 3 bedrooms and 3 bathrooms.
Land: The house sits on a 5.07-acre corner lot that has been cleared of most brush.
Views: The lot is noted for having panoramic hill country views.
Year Built: Records indicate the home was built in 2015. Some photos have been virtually rendered.
The moment you crest the hill at 1508 Successor Road in Spicewood's Paleface Ranch, you understand why this 5.07-acre estate commands attention. Built in 2015, this 3,354-square-foot residence anchors a corner lot positioned nearly a mile from Highway 71, surrounded by mature live oaks that create a natural crown jewel setting in the Texas Hill Country.
The scale alone impresses. Approximately 2,800 square feet spans the main floor, with two additional guest suites that open onto covered rear patios overlooking the property's rolling terrain. Over 1,000 square feet of covered outdoor living extends the entertaining footprint across front porches, rear porches, and wraparound spaces designed for the constant stream of gatherings this home has hosted. The 4-car garage accommodates vehicles and equipment typical of acreage living.
Inside, the finishes reflect intentional craftsmanship. Double gas ovens, a professional gas cooktop, and built-in appliances anchor a kitchen designed for cooking at scale. Concrete and carpet flooring ground the main living areas, while ceiling fans provide circulation across the expansive floor plan. Stone exterior cladding combined with cement siding gives the home substantive visual presence and durability against Hill Country weather.
The property's true advantage lies in its location within Lake Travis ISD, serving West Cypress Hills Elementary, Lake Travis Middle School, and Lake Travis High School. Paleface Ranch itself offers controlled acreage living with private boat ramp access to the Pedernales River and Lake Travis, a distinction few suburban properties near Austin provide. The 5-acre parcel backs to wildlife-protected land, ensuring permanent open space. Large mature trees and medium-height oaks create natural screening and significant shade.
At $1.40 million (approximately $416 per square foot), the property reflects Hill Country acreage value in an established community. The cleared lot and corner positioning offer expansion potential, with HOA allowance for an additional 1,200-square-foot guest house, a practical advantage for properties hosting extended family or creating rental income.
For buyers seeking Lake Travis ISD schools combined with genuine Hill Country land, private water access, and established entertaining infrastructure, this Spicewood estate delivers what central Texas acreage communities rarely combine: scale, amenities, and genuine country positioning without remote isolation.
The numbers behind this insight
- Offered at
- $1,395,000
- Listed
- May 4, 2026
- Asking price per sq ft
- $416
- Property Type
- Residential
- Year Built
- 2015
- Lot Size
- 5.07 acres
- Price / Sq Ft
- $416
- HOA
- $800/year
- Garage
- 4 spaces
Listing information last updated September 10, 2026.
Listed by Beycome Brokerage Realty LLC
MLS# 5176917 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Ceiling Fan(s)
- Built-In Gas Oven
- Built-In Gas Range
- Dishwasher
- Disposal
- Exhaust Fan
- Gas Cooktop
- Double Oven
- Carpet
- Concrete
- Heating
- Central
- Cooling
- Central Air
- Fireplaces
- 1
Exterior & Lot
- Boat Ramp
- Frame
- Cement Siding
- Stone
- Cleared
- Corner Lot
- Public Maintained Road
- Trees-Large (Over 40 Ft)
- Trees-Medium (20 Ft - 40 Ft)
- Partial
- Perimeter
- Slab
- Covered
- Front Porch
- Porch
- Rear Porch
- Roof
- Composition,Shingle
- Lot Size
- 5.07 Acres
- Attached
- Garage
- Garage Door Opener
- Garage Spaces
- 4
Financial
- HOA Fee
- $800 / year
- Original List Price
- $1,395,000
- Price per Sq Ft
- $416
Utilities
- Electricity Available
- Water Source
- Well
- Sewer
- Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 1508 Successor RD, whoever represented it.
- ActiveListed 2026Current price: $1,395,000Original list: $1,395,000MLS 5176917
- Listed · May 4, 2026$1,395,000
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
Listed with current price, original ask, and market time.
- Current list
- $1,395,000
- Original list
- $1,395,000
- Price movement
- No verified reduction
- Listed / DOM
- May 4, 2026 · 165 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,106,885
- Assessment Year
- 2025
- Year Built
- 2015
- Parcel ID
- 000000382759
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+11.1% | — | $1,106,885 | — | — |
2024-4.5% | — | $996,188 | $380,250 | $501,530 |
2023+43.3% | — | $1,042,751 | $380,250 | $615,938 |
2022 | — | $727,800 | $258,570 | $784,181 |
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 2026-10-15T22:07:29.781+00:00; normalized from annual dues.
20% ($279K)
Adjustable assumption - not a lending recommendation.
$1,395,000
Luxury property intelligence
Keenan Market Position
A sourced read on Spicewood pricing, timing, and property scale. No automated valuation claim.
List price
$1,395,000
Price per sqft
$416/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
165 days
Original to current
No verified reduction
$1.4M 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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