3 bed, 3 bath, 3,464 sqft on 0.73 acres in Spicewood. Spicewood, TX 78669. $1,495,000. Lake Travis ISD.
About This Home
Set along a rare deep-water stretch of Lake Travis, this lakefront retreat captures sweeping water views. Perched above the shoreline and positioned to maximize the scenery, with expansive windows and multiple outdoor living spaces oriented toward the water. Outdoor living is central to the experience here. Multiple tiers of lakeside decking step down the hillside toward the shared private dock. Inside, the home reflects a warm, handcrafted lodge aesthetic that complements its natural surroundings. Wood ceilings, stone accents, and expansive windows frame uninterrupted views of Lake Travis, making the water the focal point throughout the main living spaces. The main level is open and welcoming, with the kitchen, dining area, and living room flowing together. Large windows allow guests and family to stay connected to the views, whether gathered for meals or unwinding after a day on the lake. The primary suite occupies the upper level, with a large bath featuring a soaking tub and walk-in shower. Just beyond the suite, the adjoining loft enjoys elevated lake views and creates a flexible space. The lower level is designed for entertaining and extended stays, featuring a comfortable living area, a game room with bar-style seating overlooking the water, and a bunk-style bedroom. The shared private dock provides direct access to the lake for swimming, fishing, and boating. Residents also benefit from a voluntary neighborhood association offering access to a lakeside park with a boat launch. The home is equipped with a whole-home water filtration system, including UV purification and a water softener. Located close to Briarcliff Marina for additional boat launching. With its deep-water location, panoramic views, flexible layout, and proven short-term rental history, this property offers the flexibility to enjoy as a personal retreat, investment opportunity, or both. The home is offered fully turnkey, ready for immediate enjoyment on the lake.
The deep-water stretch of Lake Travis at 21008 W Lakeshore Dr in Spicewood delivers the rare combination of waterfront serenity and practical lakeside living. This 3,464-square-foot residence sits on 0.7293 acres of sloped terrain in Spicewood, positioned to capture unobstructed views across the water from nearly every primary living space.
The sensory experience defines daily life here. Morning light streams through expansive windows that frame the water's surface. The sound of gentle waves reaches the covered deck and tiered outdoor spaces that step down the hillside toward the shared private dock. A cool lake breeze moves through the open floor plan where the kitchen, dining area, and main living room flow together without walls. Cathedral ceilings and natural woodwork reinforce the connection between interior and waterfront, making the lake itself part of the home's architecture.
Built in 1999 and thoughtfully maintained, the 3-bed, 3-bath layout distributes itself across three functional levels. The main floor centers on living and dining, anchored by granite counters, a kitchen island, and a breakfast bar all oriented toward water views. The primary suite occupies the upper level with a soaking tub and walk-in shower, paired with an adjoining loft that captures elevated lake perspectives. The lower level pivots toward entertaining and guest accommodation, featuring a living area, game room with bar-style seating overlooking the water, and a bunk bedroom.
The dock situation matters here. Residents access a shared private dock with a boat lift, enabling direct swimming, fishing, and boating without launching complications. The voluntary neighborhood association maintains lakeside park amenities with a boat launch. Briarcliff Marina sits nearby for additional launching options.
Lake Travis ISD serves the property, with students attending West Cypress Hills Elementary, Lake Travis Middle School, and Lake Travis High School. The subdivision's location on the northwest side of Austin positions daily commutes efficiently.
The home arrives fully equipped. Smart thermostats, water purification with UV treatment, a water softener, and stainless steel appliances support modern living standards. The 2-car garage and extensive storage throughout handle the practical side.
At $1.50M ($432 per square foot), this 19-day listing offers waterfront living with proven income potential through short-term rental history, or complete privacy as a personal escape where the boundary between home and water simply dissolves.
The numbers behind this insight
- Offered at
- $1,495,000
- Listed
- March 20, 2026
- Asking price per sq ft
- $432
- Property Type
- Residential
- Year Built
- 1999
- Lot Size
- 0.73 acres
- Price / Sq Ft
- $432
- HOA
- $150/year
- Garage
- 2 spaces
Listing information last updated June 24, 2026.
Listed by Compass RE Texas, LLC
MLS# 5186938 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Breakfast Bar
- Built-in Features
- Ceiling Fan(s)
- Cathedral Ceiling(s)
- Ceiling-High
- Granite Counters
- Double Vanity
- Interior Steps
- Kitchen Island
- Multiple Living Areas
- Natural Woodwork
- Open Floorplan
- Pantry
- Recessed Lighting
- Smart Thermostat
- Soaking Tub
- Walk-In Closet(s)
- Dishwasher
- Microwave
- Free-Standing Electric Range
- Self Cleaning Oven
- Stainless Steel Appliance(s)
- Electric Water Heater
- Water Purifier Owned
- Water Softener Owned
- Carpet
- Concrete
- Tile
- Wood
- Heating
- Central,Electric,Fireplace(s)
- Cooling
- Central Air,Electric,Zoned
Exterior & Lot
- Balcony
- Boat Dock - Shared
- Boat Lift
- Exterior Steps
- Rain Gutters
- Lighting
- Private Yard
- Wood Siding
- Stone
- Back Yard
- Bluff
- Front Yard
- Sloped Down
- Trees-Medium (20 Ft - 40 Ft)
- Views
- Slab
- Covered
- Deck
- Patio
- Rear Porch
- Roof
- Metal
- Lot Size
- 0.73 Acres
- Additional Parking
- Concrete
- Driveway
- Garage Faces Side
- Kitchen Level
- Garage Spaces
- 2
- Lake Front
- Waterfront
Financial
- HOA Fee
- $150 / year
- Original List Price
- $1,495,000
- Price per Sq Ft
- $432
Utilities
- Electricity Connected
- Sewer Connected
- Underground Utilities
- Water Connected
- Water Source
- Private,See Remarks
- Sewer
- Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 21008 W Lakeshore DR, whoever represented it.
- ActiveListed 2026Current price: $1,495,000Original list: $1,495,000MLS 5186938
- Listed · March 20, 2026$1,495,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Explore this area
Price & Listing History
Listed with current price, original ask, and market time.
- Current list
- $1,495,000
- Original list
- $1,495,000
- Price movement
- No verified reduction
- Listed / DOM
- Mar 20, 2026 · 209 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,336,800
- Assessment Year
- 2025
- Year Built
- 1999
- Parcel ID
- 000000157180
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-13.8% | — | $1,336,800 | — | — |
2024-7.2% | — | $1,550,000 | $855,000 | $550,974 |
2023+107.1% | — | $1,670,000 | $855,000 | $769,909 |
2022+19.8% | — | $806,300 | $380,000 | $1,290,000 |
2021 | — | $672,800 | $190,000 | $616,300 |
Virtual Tour

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 2026-10-15T10:27:04.157+00:00; normalized from annual dues.
20% ($299K)
Adjustable assumption - not a lending recommendation.
$1,495,000
Luxury property intelligence
Keenan Market Position
A sourced read on Spicewood pricing, timing, and property scale. No automated valuation claim.
List price
$1,495,000
Price per sqft
$432/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
209 days
Original to current
No verified reduction
$1.5M 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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