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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Verified property facts
312 Alloway Dr 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.
312 Alloway Dr is in Loraloma, Austin, Texas. See the full [Loraloma neighborhood guide](/neighborhoods/loraloma-spicewood) for market data, schools, and lifestyle details.
312 Alloway Dr 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.
With 20% down ($23,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 312 Alloway Dr is around $836 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listing timeline with current price, original ask, and market time.
Welcome to 312 Alloway Dr, a beautiful 0.4060-acre lot located in the wonderful community of Briarcliff! The lot has been partially cleared and is ready for your build! Bring your builder and create the home of your dreams. The lot has Hill Country views and depending on the home's elevation, it could potentially have lake views. Some perks to this lot are that it is partially cleared and has a construction drive. In addition, the lot is connected to water and an electric pole has been placed. Owner financing could also be an option! Briarcliff is located in Spicewood, only 20 minutes from Bee Cave. The community has a 9-hole golf course, a marina and boat ramp, a large park with a huge playground, pavilion, and basketball courts, plus there are lovely walking trails and pickleball courts in the community! If you have pets, you'll love the neighborhood's pet amenities and dog park. The community center is often used for events and is located at the entrance of the community. Briarcliff is also home to the Lighthouse Restaurant, which overlooks the lake. Come see why this is such a special place to call home!
Property Type
Land
Lot Size
0.41 acres
HOA
$327/mo
Listed by Compass RE Texas, LLC
Property Details
Lot Features
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% ($24K)
$119,000
Luxury property intelligence
A sourced read on Loraloma pricing, timing, and property scale. No automated valuation claim.
List price
$119,000
Price per sqft
Not available
Vs. Loraloma median
Not available
Days on market
61 days
Original to current
No verified reduction
$119K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 6, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $119,000, 312 Alloway Dr is in the Loraloma market where there are currently 247 active listings in 78669. The Keenan Group has completed 9 transactions in 78669 as part of 1,000+ career sales totaling $1B+ across Austin. For a detailed market analysis, see our [Loraloma guide](/neighborhoods/loraloma-spicewood).
312 Alloway Dr is part of a managed community with HOA dues of $327 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.
Loraloma is one of Austin's established neighborhoods, zoned for Lake Travis ISD in the 78669 area. The Keenan Group has specialized in Loraloma real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Briarcliff Inc Sec 13
Neighborhood guide and local insights
Loraloma is being built on 1,300 acres atop the Balcones Escarpment above Lake Travis, making it the largest new private community in the Hill Country west of Austin. The escarpment drops several hundred feet to the lake surface, which means the elevation produces views that most Austin-area neighborhoods cannot physically replicate. Every home sits above 1,000 feet, and the western lots look out across miles of open Hill Country. The community is in Spicewood, zip code 78669, roughly 30 minutes northwest of downtown via Highway 71. Bee Cave and the Galleria district are about 15 minutes southeast, and Marble Falls is 20 minutes northwest. Lake Travis marina access at Pace Bend is approximately 12 minutes. Spicewood has historically been ranch country, and Loraloma sits where Austin's western growth meets the open land that longtime residents have known for decades. Austin-Bergstrom airport is about 45 minutes via Highway 71. Every home is new construction from 2024 forward. Hill Country Modern architecture leads at roughly 35 percent, featuring clean lines, expansive glass, native stone, and low-slope rooflines that frame views rather than compete with them. Texas Ranch Contemporary accounts for about 25 percent, blending traditional ranch proportions with modern interiors. Lot sizes run one to three acres for most homesites, with estate lots exceeding five acres. Pricing starts in the low $2 millions for smaller lots with builder packages and climbs past $5 million for panoramic escarpment positions. Lake Travis ISD serves Spicewood, and families will attend schools in that district. Lake Travis High carries strong academic and athletic reputation. The drive from the community is approximately 20 minutes. Private options in the Bee Cave and Lakeway corridor are within commuting distance. This is not a five-minute school drop-off. Families who prioritize walkable school proximity should factor that in. The lifestyle is built around land, views, and outdoor access. An equestrian center and amphitheater are part of the amenity plan, along with miles of internal trails. Pedernales Falls State Park is 25 minutes away with excellent hiking and swimming. Pace Bend Park on Lake Travis provides cliff jumping and boat access. Krause Springs, a spring-fed swimming hole, is about 20 minutes away. Hamilton Pool Preserve is a 15-minute drive. For dining, Apis Restaurant in Spicewood delivers fine dining with local ingredients. Opie's BBQ serves brisket that locals swear by. Poodie's Hilltop has live music and cold beer. Flat Creek Estate Winery offers tastings and vineyard dinners, and Blue Bonnet Cafe in Marble Falls has served pie since 1929. Loraloma occupies a category that did not previously exist here. It is not a golf community like the Hills or Spanish Oaks, nor a marina community like Rough Hollow. The closest comparison is Horseshoe Bay, but Loraloma is 30 minutes closer to downtown. Compared to Bee Cave subdivisions like Falconhead or Sweetwater, the acreage is dramatically larger and the density dramatically lower. The development plan preserves over 60 percent as open space. Loraloma makes sense for buyers who have moved past the question of downtown proximity and are optimizing for land, privacy, and natural beauty. Families with flexible work arrangements will find the location comfortable. The community is in its earliest phase, so you are buying into a vision as much as a finished product. But the land is the asset that cannot be replicated. The escarpment is not getting any bigger.
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