— bed, — bath on 15.00 acres in Spicewood. Spicewood, TX 78669. $1,999,500. Lake Travis ISD.
About This Home
Rare unrestricted 15+/- acre lot with rolling slopes and panoramic hill country views. Two 15+/- acre adjacent lots also available. 21524 Kathy Ln is located in the acclaimed Lake Travis School District, and in the heart of the Bee Creek highway 71 corridor. Travis County guidelines only with no city jurisdiction. Amazing long distance hill country views, seasonal creeks, layered vistas & topography allow for multiple building opportunities. Located at the end of a road with the neighboring 700 acre ranch known as Luck, Texas which belongs to Willie Nelson, this property offers a very private and secluded setting. The property is conveniently located 20 minutes from the Hill Country Galleria with shopping, dining, and seasonal activities. Several access points to Lake Travis are within just a few minutes away to indulge in the lake life of boating, swimming, or kayaking.
Fifteen private acres with big Hill Country views and no city jurisdiction make 21524 Kathy Ln one of the more flexible land opportunities on the Spicewood market. Set in Spicewood, 21524 Kathy Ln is offered at $2.00M, which works out to roughly $133,000 per acre for unimproved land in a part of Travis County where large tracts with privacy are getting harder to find.
This is not a flat, one-note parcel. The land has rolling slopes, changing topography, seasonal creek areas, and multiple natural build sites that open up long western and southern vistas. That matters if you want room to design around views, privacy, guest quarters, a barn, recreational space, or a multistructure compound. With Travis County guidelines and no city jurisdiction, buyers have a different planning environment here than they would find inside many nearby municipalities. For land buyers focused on flexibility, that is a meaningful advantage.
The setting is especially strong. Kathy Lane ends in a secluded pocket near the 700-acre Luck, Texas ranch owned by Willie Nelson, so the feel is quiet and tucked away rather than suburban. At the same time, daily access is practical. The Bee Creek and Highway 71 corridor puts you about 20 minutes from the Hill Country Galleria in Bee Cave for Whole Foods, restaurants, and retail, and only a short drive from public access points around Lake Travis for boating, paddleboarding, and weekend lake time. You are also positioned for straightforward drives into Lakeway, Bee Cave, and the west Austin employment corridor when needed.
For families, the address feeds to Lake Travis ISD, one of the main reasons buyers target this part of Spicewood. Assigned schools include West Cypress Hills Elementary, Lake Travis Middle School, and Lake Travis High School. That combination keeps the property tied to one of the area’s most recognized public school systems while still delivering a true acreage setting.
There is no existing home here, no listed bedroom or bath count, and no year built because this is raw land. That is the point. Buyers are paying for 15 acres, privacy, view lines, and optionality in Spicewood, TX 78669, not someone else’s floor plan. For the right buyer, this is a chance to create a long-term Hill Country property with room to grow and lasting value tied to land, location, and Lake Travis ISD.
The numbers behind this insight
- Offered at
- $1,999,500
- Listed
- June 20, 2023
- Property Type
- Land
- Lot Size
- 15.00 acres
Listing information last updated September 25, 2026.
Listed by XL Highlands Realty LLC
MLS# 9601649 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Cul-De-Sac
- Rolling Slope
- Trees-Heavy
- Trees-Medium (20 Ft - 40 Ft)
- Views
- Partial
- Wire
- Lot Size
- 15.00 Acres
- Creek
- Dry
- Seasonal
Financial
- Original List Price
- $1,999,500
Utilities
- Electricity Connected
Transaction History
2 records on file
Every recorded listing, sale, and lease at 21524 Kathy LN, whoever represented it.
- ActiveListed 2024Current price: $4,750,000Original list: $4,950,000MLS 9147571
- ActiveListed 2023Current price: $1,999,500Original list: $1,999,500MLS 9601649
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
- $1,999,500
- Original list
- $1,999,500
- Price movement
- No verified reduction
- Listed / DOM
- Jun 20, 2023 · 1,233 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $4,707,801
- Assessment Year
- 2025
- Year Built
- 2007
- Parcel ID
- 000000355773
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-5.9% | — | $4,707,801 | — | — |
2024+78.1% | — | $5,002,500 | $4,707,801 | — |
2023+217.9% | — | $2,808,946 | $4,939,701 | $62,799 |
2022+0.9% | — | $883,721 | $2,778,582 | $30,364 |
2021 | — | $876,200 | $852,075 | $31,646 |
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.
Illustrative down payment
20% ($400K)
Adjustable assumption - not a lending recommendation.
Home price
$1,999,500
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Spicewood pricing, timing, and property scale. No automated valuation claim.
List price
$1,999,500
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
1,233 days
Original to current
No verified reduction
$2M 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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