— bed, — bath on 15.55 acres in Spicewood. Spicewood, TX 78669. $1,690,000. Lake Travis ISD.
About This Home
Prime Development Opportunity in Spicewood – 15.552 Acres of Possibility. Discover an exceptional chance to invest in the heart of the Texas Hill Country with this rare 15.552-acre tract ideally positioned just off Hwy 71. This flat, highly usable, and fully buildable property offers a seamless starting point for your next industrial, commercial, residential or investment project. With a desirable west-facing orientation, you’ll enjoy stunning sunsets and a natural setting that blends beautifully with the surrounding established developments—making this one of the last opportunities of its kind in a fully built-out area. Located within the highly acclaimed Lake Travis ISD, this property combines peaceful Hill Country living with unbeatable convenience. Just minutes from the 620 corridor, future residents/tenants will have quick access to premier shopping, dining, entertainment, and essential amenities, all while enjoying the privacy and space that larger acreage provides. Whether you envision a new industrial or commercial business, boutique neighborhood, custom estate builds, or a strategic long-term investment, this property delivers location, versatility, and value. Opportunities like this—combining acreage, accessibility, and development flexibility—are increasingly rare in Spicewood. It is also close to the proposed 2nd high school. Don’t miss your chance to bring your vision to life in one of the most desirable and fast-growing areas of the Hill Country.
# 3817 Hart Hollow Drive, Spicewood
The 15.552-acre tract at 3817 Hart Hollow Drive in Spicewood sits as raw land opportunity in Travis County's fastest-appreciating corridor, positioned to capture both the privacy of rural Hill Country living and the infrastructure benefits of an established community. This unimproved property in the Spicewood subdivision offers one of the last available development sites in an area where comparable acreage has largely disappeared into completed residential projects over the past five years.
The land itself provides immediate practical advantages. It's gated, cleared, and buildable without the typical infrastructure delays that plague raw land acquisitions. The property slopes gently across its footprint with consistent grade, meaning drainage patterns and utility placement won't require expensive regrading. Native trees of varying heights dot the acreage, from small understory plantings under 20 feet to mature oaks and cedars exceeding 40 feet, creating natural wind breaks and privacy screens without the expense of installing them from scratch. The cul-de-sac positioning on Hart Hollow Drive means traffic is minimal and access controlled.
The development flexibility is the real asset. Current zoning allows subdivision into five separate luxury estate parcels ranging from 2.2 to 3.1 acres each, perfect for custom home builders targeting $1M+ properties. The property could theoretically support 15 to 20 smaller residential lots if higher-density development aligns with local approvals, opening pathways for boutique neighborhood development. That flexibility means the value isn't locked into a single vision.
Location-wise, you're minutes from Highway 71, which provides direct access to the 620 corridor and puts you 25-30 minutes from downtown Austin employment centers. Lake Travis ISD schools serve this address: West Cypress Hills Elementary, Lake Travis Middle, and Lake Travis High School. The broader Hill Country character remains intact here despite encroaching suburban development. The property has western exposure, meaning sunset views across undeveloped acreage before you hit the next neighborhood boundary.
For buyers considering this land, the real calculation involves holding period and exit strategy. Spicewood acreage is appreciating as Austin expands northwest, but that appreciation only happens if you're positioned to capture it through either development yourself or sale to a developer who can. This property's gated status, cleared condition, and subdivision-ready footprint compress the timeline and reduce carrying costs compared to raw brush-covered acreage elsewhere in the county.
The numbers behind this insight
- Offered at
- $1,690,000
- Listed
- April 3, 2026
- Property Type
- Land
- Lot Size
- 15.55 acres
Listing information last updated September 28, 2026.
Listed by Keller Williams - Lake Travis
MLS# 6291329 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Cul-De-Sac
- Gentle Sloping
- Native Plants
- Trees-Large (Over 40 Ft)
- Many Trees
- Trees-Medium (20 Ft - 40 Ft)
- Trees-Small (Under 20 Ft)
- Views
- Wire
- Lot Size
- 15.55 Acres
- Creek
Financial
- Original List Price
- $1,690,000
Utilities
- Electricity Available
Transaction History
1 record on file
Every recorded listing, sale, and lease at 3817 Hart Hollow DR, whoever represented it.
- ActiveListed 2026Current price: $1,690,000Original list: $1,690,000MLS 6291329
- Listed · April 3, 2026$1,690,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Explore this area
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $1,690,000
- Original list
- $1,690,000
- Price movement
- No verified reduction
- Listed / DOM
- Apr 3, 2026 · 196 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,321,920
- Assessment Year
- 2025
- Parcel ID
- 000000356000
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+189.5% | — | $1,321,920 | — | — |
2021 | — | $456,600 | $456,602 | — |
Zoned Schools & District Context
Lake Travis
Bee Cave Middle School
West Cypress Hills
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($338K)
Adjustable assumption - not a lending recommendation.
$1,690,000
Luxury property intelligence
Keenan Market Position
A sourced read on Spicewood pricing, timing, and property scale. No automated valuation claim.
List price
$1,690,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
196 days
Original to current
No verified reduction
$1.7M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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78669 ZIP Guide
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