2 bed, 2 bath, 1,552 sqft on 0.39 acres in Spicewood. Spicewood, TX 78669. $295,500. Marble Falls ISD.
About This Home
Tucked along the breathtaking Narrows of Lake Travis in the beloved Spicewood Beach community, this 2-bedroom, 2-bath retreat is your affordable entry point into one of Central Texas's most coveted waterfront neighborhoods. With panoramic views of both Lake Travis and the 9-hole golf course, this property delivers scenery that luxury homes charge triple for. The floor plan features two distinct living areas including a sunroom that frames the lake and golf course. A peninsula divides the dining and sunroom areas, creating a natural gathering space complete with bar seating for four. The kitchen features its own eat-in bar. The laundry room offers additional storage and has a stackable washer and dryer, keeping everything functional and tucked away neatly. Built on a pier foundation, the home sits elevated in all the right ways, maximizing those breathtaking views while allowing for excellent airflow throughout. Step outside into a resort-style community featuring a waterfront fishing dock, boat launch, and covered picnic tables— everything you need to fully embrace the Lake Travis lifestyle without the lakefront price tag. The location is perfect, the views are spectacular, and the lifestyle is waiting. Properties with this combination of views, water access, and community amenities at this price point on Lake Travis simply do not last. Whether you're an investor looking for incredible upside potential in one of Texas's hottest lake markets, a weekend escape seeker ready for affordable Lake Travis access, someone craving single-level living surrounded by natural beauty, or a rental visionary ready to capitalize on one of the most in-demand destinations in Texas — this property checks every box. Come for the views. Stay for the lifestyle.
- Property Type
- Residential
- Year Built
- 1988
- Lot Size
- 0.39 acres
- Price / Sq Ft
- $190
- HOA
- $125/year
Listing information last updated September 7, 2026.
Listed by Compass RE Texas, LLC
MLS# 1851023 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Bookcases
- Breakfast Bar
- Ceiling Fan(s)
- No Interior Steps
- Open Floorplan
- Primary Bedroom on Main
- Stackable W
- D Connections
- Walk-In Closet(s)
- Electric Oven
- Propane Cooktop
- Refrigerator
- Washer
- Dryer Stacked
- Carpet
- Laminate
- Vinyl
- Heating
- Propane
- Cooling
- Electric
Exterior & Lot
- Balcony
- Exterior Steps
- Vertical Siding
- Front Yard
- Interior Lot
- Steep Slope
- Trees-Heavy
- Views
- Pillar
- Post
- Pier
- Wrap Around
- Roof
- Shingle
- Lot Size
- 0.39 Acres
- Golf Cart Garage
Financial
- HOA Fee
- $125 / year
- Original List Price
- $325,000
- Price per Sq Ft
- $190
Utilities
- Electricity Connected
- Propane
- Water Source
- MUD
- Sewer
- Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 234 Terrace DR, whoever represented it.
- ActiveListed 2026Current price: $295,500Original list: $325,000MLS 1851023
- Listed · June 20, 2026$325,000
- Price changed · August 18, 2026$295,500
- Price changed · August 18, 2026$300,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Explore this area
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $295,500
- Original list
- $325,000
- Price movement
- $29.5K reduction
- Listed / DOM
- Jun 20, 2026 · 117 days
Zoned Schools & District Context
Marble Falls
Bee Cave Middle School
Spicewood
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 2026-10-15T13:12:01.886+00:00; normalized from annual dues.
20% ($59K)
Adjustable assumption - not a lending recommendation.
$295,500
Luxury property intelligence
Keenan Market Position
A sourced read on Spicewood pricing, timing, and property scale. No automated valuation claim.
List price
$295,500
Price per sqft
$190/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
117 days
Original to current
$29.5K reduction
$325K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
Request Private Market AnalysisConnect 234 Terrace Dr to the Austin Market
78669 ZIP Guide
ZIP-level neighborhoods, schools, lifestyle, and Austin market context
Lake Travis ISD Schools
District guide, nearby schools, and homes by attendance area
Austin Home Valuation
Private Austin CMA, TCAD context, and pricing strategy
Seller Resources
Pricing, prep, launch timing, and Compass marketing strategy
Keenan Group Results
#1 ABOR Team 2024 with $1B+ career sales volume










