5 bed, 5 bath, 5,730 sqft on 6.34 acres in Spicewood. Spicewood, TX 78669. $2,800,000. Lake Travis ISD.
About This Home
Set on 6.38 acres with a private boat slip in a gated waterfront community, 20607 Thurman Bend offers something increasingly difficult to find near Lake Travis—acreage, lake access, privacy, and a Lake Travis view in one property. This custom-built Hill Country estate pairs 5,730 square feet of living space with the room to spread out, entertain, and enjoy the lake lifestyle. Built in 2016, the five-bedroom, five-and-a-half-bath residence was designed with both everyday living and entertaining in mind. The gourmet kitchen features granite countertops, a six-burner gas range, large center island, double ovens, and double refrigerators, creating a natural gathering place at the heart of the home. The spacious primary suite offers a private retreat with separate vanities, walk-in shower, soaking tub, and large walk-in closet. A dedicated office and separate media room add flexibility, while the home’s generous layout provides plenty of space for guests, work, and entertaining. Outside, 6.38 acres create a sense of privacy and separation rarely found this close to Lake Travis. The gated waterfront community and included boat slip provide convenient access to the lake without giving up the space and privacy of a larger estate property. Located in Lake Travis ISD and offered for the first time, 20607 Thurman Bend brings together the features that are increasingly hard to replicate in the Lake Travis area: substantial acreage, a custom home, gated waterfront access, a boat slip, and a Lake Travis view. A must see!
Set on 6.338 acres in Spicewood, 20607 Thurman Bend Rd stands out for something the Spicewood market rarely offers at this level of finish: real land, real privacy, and a private Hill Country setting tied to the Lake Travis lifestyle. In a gated waterfront community in Spicewood, TX 78669, this Residential - Single Family Residence was built in 2016 and spans 5,730 square feet with 5 bedrooms, 5 full baths, 1 half bath, a 3-car garage, and a layout that works for both daily living and large-scale entertaining.
At $3.30 million, or $576 per square foot, the value story here is tied to size, acreage, and community access. Homes around Lake Travis often trade lot size for proximity, but 20607 Thurman Bend Rd gives you both room to spread out and access to one of the area’s most desirable waterfront neighborhoods. A boat slip that conveys adds practical appeal for buyers who actually plan to use the lake, not just look at it. That matters in Spicewood, where privacy, security, and water access drive long-term demand.
Inside, the plan is functional and well judged. The kitchen is built to handle real use, with granite counters, a 6-burner gas range, double ovens, dual refrigerators, and a large center island. The primary suite opens to a covered porch and includes separate vanities, a walk-in shower, soaking tub, and a large walk-in closet. An office and media room give the home flexibility for remote work, guests, and weekend gatherings. One fireplace anchors the living space without overcomplicating the design.
The location keeps you connected to the parts of the Hill Country and Lake Travis area that owners use every week. Thurman Bend Road puts you close to the Lake Travis corridor, with Hill Country Galleria, Whole Foods Market, and Trader Joe’s serving as everyday conveniences rather than occasional destinations. For families focused on schools, the property is in Lake Travis ISD, with West Cypress Hills Elementary, Lake Travis Middle, and Lake Travis High School assigned. That school path remains a major draw for buyers moving to western Travis County for both academics and resale stability.
With 57 days on market, this is the kind of property buyers watch closely because there are not many true substitutes. A 2016-built single family residence on 6.338 acres in Spicewood, with lake access, strong school alignment, and space that will still matter years from now, is the kind of asset that holds its appeal as the Lake Travis and Spicewood market keeps maturing.
The numbers behind this insight
- Offered at
- $2,800,000
- Listed
- January 16, 2026
- Price changes
- 2, down 15.2% from $3,300,000
- Asking price per sq ft
- $489
Keenan Luxury Market Index: $2M-$3M single-family homes across the Austin area sold at a median $601 per sq ft over the trailing 12 months (379 sales), as of October 15, 2026.
- Property Type
- Residential
- Year Built
- 2016
- Lot Size
- 6.34 acres
- Price / Sq Ft
- $489
- Garage
- 3 spaces
Listing information last updated September 24, 2026.
Listed by eXp Realty, LLC
MLS# 3637252 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Bar
- Breakfast Bar
- Ceiling Fan(s)
- Ceiling-Vaulted
- Granite Counters
- Crown Molding
- Entrance Foyer
- In-Law Floorplan
- Kitchen Island
- Multiple Living Areas
- Primary Bedroom on Main
- Storage
- Walk-In Closet(s)
- Dishwasher
- Disposal
- Microwave
- Carpet
- Tile
- Wood
- Heating
- Central
- Cooling
- Ceiling Fan(s)
- Fireplaces
- 1
Exterior & Lot
- Balcony
- Boat Dock - Shared
- Gutters Full
- Private Entrance
- Stone
- Stucco
- Gentle Sloping
- Sprinklers In Rear
- Trees-Large (Over 40 Ft)
- Many Trees
- Views
- Partial
- Slab
- Covered
- Front Porch
- Roof
- Aluminum
- Lot Size
- 6.34 Acres
- Driveway
- Garage Faces Side
- Garage Spaces
- 3
Financial
- Original List Price
- $3,300,000
- Price per Sq Ft
- $489
Utilities
- Electricity Connected
- Propane
- Water Source
- Well
- Sewer
- Septic Tank
Transaction History
3 records on file
Every recorded listing, sale, and lease at 20607 Thurman Bend RD, whoever represented it.
- ActiveListed 2026Current price: $2,800,000Original list: $3,300,000MLS 3637252
- Price changed · May 28, 2026$3,000,000
- Price changed · August 28, 2026$2,800,000
- ExpiredListed date not recordedCurrent price: $317,000Original list: $317,000MLS 4059015
- ExpiredListed date not recordedCurrent price: $317,000Original list: $317,000MLS 1357257
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
Price Change with current price, original ask, and market time.
- Current list
- $2,800,000
- Original list
- $3,300,000
- Price movement
- $500K reduction
- Listed / DOM
- Jan 16, 2026 · 272 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $2,835,937
- Assessment Year
- 2025
- Year Built
- 2016
- Parcel ID
- 000000475167
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+23.5% | — | $2,835,937 | — | — |
2024-0.7% | — | $2,296,863 | $1,077,238 | $1,656,485 |
2023+30.7% | — | $2,313,138 | $718,159 | $1,578,704 |
2022+21.3% | — | $1,769,289 | $718,159 | $1,594,979 |
2021 | — | $1,458,949 | $270,000 | $1,499,289 |
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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, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($560K)
Adjustable assumption - not a lending recommendation.
$2,800,000
Luxury property intelligence
Keenan Market Position
A sourced read on Spicewood pricing, timing, and property scale. No automated valuation claim.
List price
$2,800,000
Price per sqft
$489/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
272 days
Original to current
$500K reduction
$3.3M 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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