— 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!
23405 Pedernales Canyon Trl offers 9.78 acres of unimproved land in Spicewood, positioned in Spicewood and within Lake Travis ISD. For buyers who want real land scale without giving up the Lake Travis school path, that combination is the central fact here, with West Cypress Hills Elementary, Lake Travis Middle, and Lake Travis High all tied to the property.
At $1.10M, this is a land decision rather than a renovation decision. There is no existing structure dictating site placement, no outdated improvement package to undo, and no square footage premium attached to someone else’s plan. The value sits in the tract itself and in what it already offers: cleared areas that can simplify early planning, mature trees that create privacy and shade, Hill Country views that influence how the homesite will live, and a wet weather pond that gives the land another natural feature. On unimproved acreage, those details matter because they affect both build strategy and long term enjoyment from the first stage of ownership.
The location also works on a practical level. The property is described as minutes from Bee Cave and Lakeway, including Hill Country Galleria, with the broader Austin metro area and Austin airport about 40 minutes away. That balance is relevant in this part of the market. Large tracts carry more value when they can support daily life, school access, and routine trips without turning every errand into a commitment. Here, the setting leans rural, but the connection back to core services and the Lake Travis school system remains part of the equation.
Days on market at 423 indicate that buyers have had time to assess the opportunity, which puts the focus back where it belongs: nearly 10 acres in Travis County, a clear Lake Travis ISD path, usable cleared ground, established tree cover, Hill Country views, and no existing improvements to work around. Whether the plan is a private estate, a family compound, a retreat, or a hobby farm, 23405 Pedernales Canyon Trl has the underlying land characteristics that give it multiple future use paths and stronger long term positioning than a more constrained homesite.
The numbers behind this insight
- Offered at
- $1,100,000
- Listed
- January 17, 2025
- Price changes
- Reduced, down 8.3% from $1,200,000
- 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
Facts & Features
Exterior & Lot
- Gentle Sloping
- Private
- Private Maintained Road
- Rock Outcropping
- Trees-Heavy
- Trees-Medium (20 Ft - 40 Ft)
- Views
- Wire
- Lot Size
- 9.78 Acres
- 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.
- ActiveListed 2025Current 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.
- 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
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+115.9% | — | $591,103 | — | — |
2021 | — | $273,840 | $352,080 | — |
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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% ($220K)
Adjustable assumption - not a lending recommendation.
$1,100,000
Luxury property intelligence
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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