
4 bed, 3 bath, 3,060 sqft on 5.75 acres in Spicewood. Spicewood, TX 78669. $995,000. Marble Falls ISD.
5.75 acres. No HOA. Horses allowed. A custom home, pool and rooftop deck with sweeping Hill Country and water views. 312 Paleface Point offers the kind of space, privacy and freedom that is increasingly hard to find in Spicewood—without giving up access to Lake Travis, golf and some of the area’s best outdoor recreation.
The 3,060-square-foot home features 4 bedrooms and 3.5 baths with a flexible layout that includes two bedrooms on the main level, two upstairs, and a dedicated office/flex space overlooking the pool and grounds. The kitchen opens to the main living area with granite counters, stainless appliances, a Thermador 5-burner propane cooktop, double ovens, cherry cabinetry and a center island. A dramatic two-story stone fireplace anchors the living space.
The primary suite includes double vanities, separate walk-in closets, a garden tub and sealed steam shower with dual shower heads. The oversized garage is insulated, heated and cooled, creating valuable additional space for a workshop, gym, studio or hobbies.
Outside, the property really separates itself: a pool with fountains, stand-alone hot tub, 20x20 outbuilding and usable acreage with room for horses, a future barn or stables, recreation or simply more breathing room. Head up to the rooftop observation deck for happy hour and take in expansive Hill Country views toward the Pedernales River.
A private well with 2,500 gallons of water storage, septic system, water softener and underground propane are already in place. Spend the day boating on Lake Travis, hiking or biking at Muleshoe Bend, exploring Pace Bend Park, or enjoying nearby golf, wineries and distilleries. The planned Thomas Ranch development is also nearby.
For buyers wanting even more land, the home is also offered with two adjoining parcels for approximately 10.87 total acres; see MLS #8116473. Some properties are best understood from the photos. This one is best understood when you step onto the land.
Verified property facts
312 Paleface Point Dr is listed at $995,000 with 4 bedrooms, 3 full, 1 half bathrooms, 3,060 square feet, 5.75-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 Oct 1, 2026).
312 Paleface Point Dr is zoned for Marble Falls ISD with assigned schools: Spicewood (Marble Falls ISD) (elementary), Marble Falls (middle), Marble Falls (high). School assignments should be verified directly with the district.
312 Paleface Point Dr is a Residential built in 2004 featuring 4 bedrooms, 3 full, 1 half bathrooms, 3,060 square feet, 5.75-acre lot.
312 Paleface Point Dr is listed by Keller Williams Realty. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Oct 1, 2026.
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2 records on file
Every recorded listing, sale, and lease at 312 Paleface Point Dr, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listed with current price, original ask, and market time.

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% ($199K)
Adjustable assumption - not a lending recommendation.
$995,000
Luxury property intelligence
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List price
$995,000
Price per sqft
$325/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
7 days
Original to current
No verified reduction
$995K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 1, 2026.
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This page does not assume a mortgage rate or publish a monthly payment for 312 Paleface Point Dr. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Oct 1, 2026, 312 Paleface Point Dr is offered at $995,000. The current MLS snapshot shows 206 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.
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.
1 event on record
Current Price
$995,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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| 2702 Lakehurst Rd | $1.29M |
| 22212 Rock Wren Rd | $750K |
| 321 Harbor Dr | $949K |
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