
Rare Pedernales River waterfront compound with direct boat access to Lake Travis. Situated on 2.24 private acres at the end of a quiet cul-de-sac, this exceptional Hill Country retreat offers the lifestyle buyers dream about—boating, wake surfing, wakeboarding, fishing, entertaining, and gathering with family and friends right from your own backyard.
The property's private covered double-slip boat dock features a boat lift, jet ski lift, storage room, and sun deck, providing easy access to one of the most desirable stretches of the Pedernales River for recreational boating and watersports.
Designed for indoor-outdoor living, the grounds include a freeform stone pool and spa with water feature, multiple patios, outdoor fireplaces, a built-in wood-fired BBQ area, pergola-covered entertaining spaces, greenhouse, and raised garden beds. Mature oak trees and a long private drive create a peaceful setting with exceptional privacy.
The single-story residence offers authentic Texas Hill Country character with vaulted ceilings, exposed wood beams, decorative archways, a floor-to-ceiling stone fireplace, and abundant windows that capture the natural surroundings. The chef's kitchen features granite countertops, a large center island, custom stone accents, stainless appliances, and walk-in pantry.
A detached guest house with kitchenette and full bath provides flexible accommodations for guests, extended family, or a private office. Additional amenities include a heated and cooled 3-car garage with epoxy flooring, separate workshop garage with EV charger, RV parking with full hookups, and solar panels.
Whether you're searching for a full-time residence, waterfront getaway, or legacy property to enjoy for generations, this unique Pedernales River retreat delivers an unmatched Hill Country lifestyle.
Property Type
Residential
Year Built
2003
Lot Size
2.24 acres
$/Sq Ft
$344
HOA
$800/mo
Garage
12 spaces
Pool
Yes
Listed by Res and Ranch LLC
Verified property facts
23621 Indian Divide CV is listed at $1,199,000 with 4 bedrooms, 2 full bathrooms, 3,481 square feet, 2.24-acre lot. This places it above the 78669 median of $875,000.
23621 Indian Divide CV 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.
23621 Indian Divide CV is a Residential built in 2003 featuring 4 bedrooms, 2 full bathrooms, 3,481 square feet, 2.24-acre lot.
23621 Indian Divide CV is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 23621 Indian Divide CV is $14,011. 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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Listed with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+7.5% | — | $1,126,965 | — | — |
2024-5.4% | — | $1,048,559 | $273,125 | $474,327 |
2023+61.7% | — | $1,108,040 | $76,950 | $971,609 |
2022 | — | $685,454 | $76,950 | $1,031,090 |

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. Ratings from GreatSchools.org.
20% ($240K)
$1,199,000
Luxury property intelligence
A sourced read on Paleface Ranch Sec 03 pricing, timing, and property scale. No automated valuation claim.
List price
$1,199,000
Price per sqft
$344/sqft
Vs. Paleface Ranch Sec 03 median
Not available
Days on market
55 days
Original to current
No verified reduction
$1.2M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 5, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($239,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 23621 Indian Divide CV is around $7,389 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $1,199,000, 23621 Indian Divide CV is in the Paleface Ranch Sec 03 market where there are currently 249 active listings in 78669. The Keenan Group has completed 9 transactions in 78669 as part of 1,000+ career sales totaling $1B+ across Austin.
23621 Indian Divide CV includes verified waterfront access: River Front,Waterfront. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
23621 Indian Divide CV is part of a managed community with HOA dues of $800 annually. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Car-Dependent
N/A
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
6 events on record
Current Price
$1,199,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+7.5% | — | $1,126,965 | — | — |
2024-5.4% | — | $1,048,559 | $273,125 | $474,327 |
2023+61.7% | — | $1,108,040 | $76,950 | $971,609 |
2022 | — | $685,454 | $76,950 | $1,031,090 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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