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Keenan Group#1 Austin Board of Realtors Team 2024

$1,100,000

9.78 acresLot

23405 Pedernales Canyon Trl, Spicewood, TX 78669

Reduced 8%$1,200,000
Spicewood·MLS# 5598232·637 days on market

— bed, — bath on 9.78 acres in Spicewood. Spicewood, TX 78669. $1,100,000. Lake Travis ISD.

About This Home

9.78 Acres in the Heart of Texas Hill Country. Located within the desirable Lake Travis Independent School District, this stunning 9.78-acre tract of vacant land offers the perfect balance of rural serenity and proximity to urban conveniences. The property features captivating Hill Country views, cleared areas ready for your dream home, and a mix of mature trees that provide shade and privacy. A wet weather pond adds a touch of natural beauty, making it an ideal spot for wildlife watching and outdoor activities. Whether you’re looking to build a private retreat, a family estate, or a hobby farm, this land offers endless possibilities. Enjoy the best of both worlds with peaceful, country living just minutes away from shopping, dining, and entertainment in the nearby Bee Cave/Lakeway area including the Hill Country Galleria. Austin metro area and the Austin airport about 40 minutes away. With the highly-rated Lake Travis ISD schools nearby, it’s the perfect location for families seeking a tranquil lifestyle without sacrificing convenience. Don't miss the opportunity to own a slice of the beautiful Texas Hill Country!

Property Type
Land
Lot Size
9.78 acres

Listing information last updated May 26, 2026.

Listed by RE/MAX Ascension

MLS# 5598232 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Generous 9.78-acre lot
Gentle Sloping
Private
Private Maintained Road
Rock Outcropping
Trees-Heavy

Facts & Features

Exterior & Lot

Lot Features

  • Gentle Sloping
  • Private
  • Private Maintained Road
  • Rock Outcropping
  • Trees-Heavy
  • Trees-Medium (20 Ft - 40 Ft)
  • Views

Fencing

  • Wire
Lot Size
9.78 Acres

Waterfront

  • Pond
Financial
Original List Price
$1,200,000
Utilities
Sewer
Septic Needed

Transaction History

1 record on file

Every recorded listing, sale, and lease at 23405 Pedernales Canyon TRL, whoever represented it.

  1. ActiveListed 2025
    Current price: $1,100,000Original list: $1,200,000MLS 5598232

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.

View Timeline
Current list
$1,100,000
Original list
$1,200,000
Price movement
$100K reduction
Listed / DOM
Jan 17, 2025 · 637 days

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$591,103
Assessment Year
2025
Parcel ID
000000355890
$591K
$274K
$273,840
2021
$591,103
+115.9% from prev
2025
YearTaxesTotal AssessmentLandAdditions
2025+115.9%
—$591,103——
2021
—$273,840$352,080—
5-Year Change115.9%

Virtual Tour

Virtual tour of 23405 Pedernales Canyon Trl
Map showing 23405 Pedernales Canyon TRL
23405 Pedernales Canyon TRL
Directions

Zoned Schools & District Context

Lake Travis ISD →

1 High School1 Middle School1 Elementary School

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.

Principal & interest
$6,093

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

20% ($220K)

Adjustable assumption - not a lending recommendation.

$1,100,000

Loan: $880K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

A sourced read on Spicewood pricing, timing, and property scale. No automated valuation claim.

List price

$1,100,000

Price per sqft

Not available

Vs. Neighborhood guide reference price

Not available

Days on market

637 days

Original to current

$100K reduction

$1.2M original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.

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Frequently Asked Questions

How much is 23405 Pedernales Canyon Trl?

23405 Pedernales Canyon Trl is listed at $1,100,000 with 0 bedrooms, 9.78-acre lot. This places it above the ZIP 78669 single-family closed-sale median price of $695,000 (ZIP 78669 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 15, 2026).

What school district is 23405 Pedernales Canyon Trl in?

23405 Pedernales Canyon Trl is zoned for Lake Travis ISD with assigned schools: West Cypress Hills (elementary), Lake Travis (middle), Lake Travis (high). School assignments should be verified directly with the district.

What are the property taxes for 23405 Pedernales Canyon Trl?

The most recent annual property tax for 23405 Pedernales Canyon Trl is $9,907. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.

How should a buyer estimate the monthly payment for 23405 Pedernales Canyon Trl?

This page does not assume a mortgage rate or publish a monthly payment for 23405 Pedernales Canyon Trl. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 23405 Pedernales Canyon Trl compare with other homes in Spicewood?

As of Oct 16, 2026, 23405 Pedernales Canyon Trl is offered at $1,100,000. The current MLS snapshot shows 202 active listings in 78669. Keenan Group has completed 10 verified transactions in 78669 within its 1,000+ completed transactions and $1B+ career volume across Austin.

What is the water access at 23405 Pedernales Canyon Trl?

The MLS listing marks 23405 Pedernales Canyon Trl as waterfront. The reported waterfront feature is Pond. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Spicewood

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

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Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/15/2026, 7:07:20 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated: 10/15/2026, 7:07:20 PM

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