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— bed, — bath on 7.99 acres in Canyon Ranch. Spicewood, TX 78669. Last listed at $125,000, sold June 29, 2009.
About This Home
Foreclosure! 7.99 Acres with Hill Country views! Great building sight already carved out. The property already has a well, electricity and a big 4 car garage in excellent condition. It was used as an elaborate workshop and has all the bells & whistles. A pond was dug but, never finished....just adds charm to the place!FEMA - Unknown Restrictions: Yes
Canyon Ranch sits inside the Barton Creek corridor, which means you can be standing on the Barton Creek Greenbelt within a five-minute walk of your front door and sitting in a meeting downtown within 20 minutes. That combination of Hill Country seclusion and urban proximity is the defining characteristic of this neighborhood, and it is the reason homes here almost never stay on the market for long.
The community is located in the 78669 zip code on the west side of Austin, roughly south of Highway 71 and east of Bee Cave. It is part of the broader Barton Creek West area, tucked between the Barton Creek Greenbelt to the north, Lost Creek to the east, and Bee Cave to the west. Loop 360 provides the primary route downtown, which takes about 15 minutes in off-peak traffic. The Hill Country Galleria in Bee Cave is a 5-minute drive for shopping and dining. Whole Foods, Central Market, and the Westlake commercial corridor along Bee Cave Road are all within easy reach.
Most of the housing stock was built between 1988 and 2000, which gives Canyon Ranch a mature, established feel. Trees have had decades to grow, landscaping is filled in, and the streets have a settled quality that newer subdivisions cannot replicate. About 35 percent of the homes date from the original 1988 to 1998 development period, with another 25 percent built between 1990 and 2000. Roughly 20 percent of the older homes have been substantially renovated in recent years, with updated kitchens, expanded primary suites, and modernized outdoor living spaces. You will find a mix of Hill Country stone exteriors, traditional brick, and some stucco Mediterranean influences. Lot sizes are typically half an acre to a full acre, and the terrain is hilly with heavy tree cover. Expect pricing from the high $700s for homes needing updates to over $1.5 million for fully renovated properties on premium lots.
Canyon Ranch feeds into Lake Travis ISD, which is one of the stronger public school districts in the Austin metro area. Students attend Lake Travis Elementary, Lake Travis Middle School, and Lake Travis High School. The district has a strong reputation for academics and athletics, with Lake Travis High School consistently ranking among the top public high schools in Central Texas. The schools are a significant draw for families relocating from outside the area, and LTISD zoning is a meaningful factor in pricing across the entire western Austin corridor.
The daily rhythm here tilts toward the outdoors. The Camp Craft trailhead on the Barton Creek Greenbelt is the neighborhood's backyard trail system, providing access to swimming holes, cliff overlooks, and miles of hiking and mountain biking. Sculpture Falls is a popular destination when the creek is running. Wild Basin Wilderness Preserve offers a quieter, well-maintained trail experience just a few minutes north on 360. For dining, County Line on the Hill is an Austin institution for barbecue with a view, Bob's Steak and Chop House handles special occasions, and Sway brings modern Thai cuisine that draws diners from across the city. Cafe Blue and Plate by Dzintra are both within easy reach for date nights. The neighborhood itself is quiet in the best sense. There are no commercial strips within the community, no through traffic, and no apartment complexes. It is residential through and through.
In the broader market, Canyon Ranch occupies the middle ground between the older Lost Creek homes to the east and the newer, more expensive Barton Creek Lakeside properties to the north. It offers better value per square foot than most of Barton Creek proper while delivering essentially the same greenbelt access and school district. Compared to neighborhoods like Rob Roy or Westlake Hills, Canyon Ranch feels more casual and less manicured. The trade is that you get larger lots and more tree cover at a lower price point, but the homes are older and may require more investment to bring up to current finishes.
Canyon Ranch is the right fit for buyers who want Hill Country character without Hill Country drive times. It works particularly well for families who prioritize Lake Travis ISD schools and outdoor access but do not need a brand-new build or a gated entry. If you are moving from out of state and want to understand what West Austin living actually feels like at a reasonable price point, this is a strong starting place. Empty nesters who have lived in larger Westlake homes and want to downsize without leaving the corridor also find Canyon Ranch appealing because the neighborhood delivers the same lifestyle in a slightly smaller package.
School District: Lake Travis ISD
View Canyon Ranch neighborhood guide- Property Type
- Land
- Lot Size
- 7.99 acres
Listing information last updated January 22, 2021.
Listed by RE/MAX Austin Skyline
MLS# 3100040 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Exterior & Lot
- Lot Size
- 7.99 Acres
Financial
- Original List Price
- $165,000
Transaction History
1 record on file
Every recorded listing, sale, and lease at 24501 FOSSIL TRL, whoever represented it.
- SoldJune 29, 2009Listed at: $125,000MLS 3100040
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
- $125,000
- Original list
- $165,000
- Price movement
- $40K reduction
- Listed / DOM
- Not available
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,221,957
- Assessment Year
- 2025
- Year Built
- 2012
- Parcel ID
- 000000557327
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-9.5% | — | $1,221,957 | — | — |
2024+28.6% | — | $1,350,452 | $511,616 | $607,589 |
2023+55.6% | — | $1,050,242 | $511,616 | $838,836 |
2022 | — | $675,000 | $511,616 | $538,626 |
District Schools Nearby
Lake Travis High School
Bee Cave Middle School
Hudson Bend Middle School
Lake Pointe Elementary
Lakeway Elementary
Bee Cave Elementary
District context schools are shown because address-level assigned school fields are not available for this property. 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% ($25K)
Adjustable assumption - not a lending recommendation.
$125,000
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Keenan Market Position
A sourced read on Canyon Ranch pricing, timing, and property scale. No automated valuation claim.
List price
$125,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
-90.5%
$1.3M · Canyon Ranch neighborhood guide · reference price
Days on market
Not available
Original to current
$40K reduction
$165K original
Active inventory context
2 listings
Price Position in Canyon Ranch
Listed 90% below the Canyon Ranch neighborhood guide reference price. Canyon Ranch neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Mar 25, 2026.
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Lake Travis ISD Schools
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