
4 bed, 2 bath, 2,837 sqft on 4.55 acres in Milam Ranch. Spicewood, TX 78669. $1,450,000. Lake Travis ISD.
Perched on approximately 4.5 private acres atop a high bluff with 400 feet of waterfront on the Pedernales River arm of Lake Travis, this award-winning custom home is a rare expression of architecture, landscape, and sustainability. Designed in 1998 by Kevin Alter and David Heymann, the residence received the AIA Austin Honor Award and was featured in Texas Architect magazine.
The home is organized into north and south wings connected by a dramatic 96-foot covered deck facing west—ideal for cool morning breakfasts, Hill Country sunsets, and near-constant breezes. Floor-to-ceiling windows, clerestory ventilation, fully insulated 6” exterior walls, and ceiling fans throughout support a thoughtfully engineered, energy-efficient design that encourages natural cross-ventilation and minimal HVAC use.
The north wing offers an open living, dining, and kitchen space with granite counters, custom cabinetry, limestone fireplace, and expansive glazing for abundant natural light. The primary suite features granite finishes and a large walk-in shower. The south wing includes three bedrooms, a full bath, laundry, and a two-car garage, separated by a breezeway that channels prevailing southerly winds.
Notable upgrades include solar panels (2020), rainwater collection providing the sole water source since 2010, two new Trane HVAC systems (2024), updated septic pump, and a private dock with boat slip. Cat5 ethernet outlets throughout support modern connectivity and home automation.
This is a distinctive, architecturally significant waterfront retreat offering privacy, sustainability, and timeless design—ready for its next steward.
Verified property facts
23705 Old Ferry Rd Unit #15 is listed at $1,450,000 with 4 bedrooms, 2 full, 1 half bathrooms, 2,837 square feet, 4.55-acre lot. This places it above the ZIP 78669 single-family closed-sale median price of $875,000 (ZIP 78669 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 24, 2026).
23705 Old Ferry Rd Unit #15 is zoned for Lake Travis ISD with assigned schools: West Cypress Hills (6/10) (elementary), Lake Travis (8/10) (middle), Lake Travis (8/10) (high). School assignments should be verified directly with the district.
23705 Old Ferry Rd Unit #15 is a Residential built in 1998 featuring 4 bedrooms, 2 full, 1 half bathrooms, 2,837 square feet, 4.55-acre lot.
23705 Old Ferry Rd Unit #15 is listed by Moreland Properties. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 25, 2026.
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1 record on file
Every recorded listing, sale, and lease at 23705 Old Ferry Rd Unit #15, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline 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+23.6% | — | $2,232,370 | — | — |
2024-1.7% | — | $1,806,555 | $1,505,000 | $423,498 |
2023+62.9% | — | $1,837,835 | $1,024,800 | $781,755 |
2022+16.3% | — | $1,128,117 | $1,024,800 | $813,035 |
2021 | — | $969,990 | $546,560 | $581,557 |

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% ($290K)
Adjustable assumption - not a lending recommendation.
$1,450,000
Luxury property intelligence
A sourced read on Milam Ranch pricing, timing, and property scale. No automated valuation claim.
List price
$1,450,000
Price per sqft
$511/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
224 days
Original to current
No verified reduction
$1.5M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 25, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
23705 Old Ferry Rd Unit #15 is priced at $511 per square foot across 2,837 sqft.
This page does not assume a mortgage rate or publish a monthly payment for 23705 Old Ferry Rd Unit #15. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 25, 2026, 23705 Old Ferry Rd Unit #15 is offered at $1,450,000. The current MLS snapshot shows 223 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.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
6 events on record
Current Price
$1,450,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+23.6% | — | $2,232,370 | — | — |
2024-1.7% | — | $1,806,555 | $1,505,000 | $423,498 |
2023+62.9% | — | $1,837,835 | $1,024,800 | $781,755 |
2022+16.3% | — | $1,128,117 | $1,024,800 | $813,035 |
2021 | — | $969,990 | $546,560 | $581,557 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
| Address | Sold Price |
|---|---|
| 926 Bristol Creek Bnd | $1.25M |
| 2702 Lakehurst Rd | $1.20M |
| 22212 Rock Wren Rd | $768K |
| 321 Harbor Dr | $903K |
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