
To call this opportunity rare is an understatement. Three captivating acres, one of the last significant wooded estates in Central Austin, rife with development possibiIity in the heart of coveted Northwest Hills are now available. Consider low density luxury homes or explore scenarios presented by Keepers Land Development for 14 single family detached homes or 28 townhomes. Reimagine a remarkable estate, craft a luxury family retreat, or explore development on rare central Austin acreage. Allow at least 1/2 hour for your private, escorted showing, perhaps more, to fully explore and take in the entire 3-acre property and buildings.
This cherished 1960s family homestead sits under a canopy of heritage oaks and is surrounded by wildlife. Austin architect Frank DeGroot designed the original residence, a sprawling single-story limestone and wood home with 4 bedrooms, 4.5 baths, and more than 3,600 sq ft of living space. Home is like a time capsule in 1960s vintage condition. Covered porches and a stone patio extend the living outdoors to create inviting evenings spent under the stars.
At its center lies a deep 20’x40’ swimming pool, the location of countless summer memories. A two-story pool house and adjacent cottages provide space for family and friends while decks, solariums, and patios create inviting spots to relax or entertain. Deer still wander the grounds undisturbed, a reminder of the natural serenity that sets this property apart. **Potential to have multiple units with preliminary scenarios prepared by Keepers Land Development sent upon request. **Buyer to verify all information.
Property Type
Land
Lot Size
3.06 acres
Listed by Bramlett Partners
Verified property facts
4101 Spicewood Springs RD is listed at $3,990,000 with 0 bedrooms, 3.06-acre lot. This places it above the 78759 median of $725,000.
4101 Spicewood Springs RD is zoned for Austin ISD with assigned schools: Doss (Austin ISD) (elementary), Murchison (7/10) (middle), Anderson (7/10) (high). School assignments should be verified directly with the district.
4101 Spicewood Springs RD is in Northwest Hills, Austin, Texas. See the full [Northwest Hills neighborhood guide](/neighborhoods/northwest-hills-austin) for market data, schools, and lifestyle details.
4101 Spicewood Springs RD 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.
The most recent annual property tax for 4101 Spicewood Springs RD is $55,928. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Lot Features
Fencing
Waterfront
Listed 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 |
|---|---|---|---|---|
2025-8.1% | — | $2,732,899 | — | — |
2024-7.8% | — | $2,972,320 | $1,950,000 | $890,701 |
2023+64.6% | — | $3,223,331 | $1,950,000 | $1,022,320 |
2022+14.4% | — | $1,957,744 | $1,950,000 | $1,273,331 |
2021 | — | $1,710,603 | $1,200,000 | $757,744 |

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% ($798K)
$3,990,000
Luxury property intelligence
A sourced read on Northwest Hills pricing, timing, and property scale. No automated valuation claim.
List price
$3,990,000
Price per sqft
Not available
Vs. Northwest Hills median
+236.7%
$1.2M median
Days on market
194 days
Original to current
$1M reduction
$5M original
Active inventory context
20 listings
Price Position in Northwest Hills
Listed 237% above the Northwest Hills median
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 15, 2026.
Request Private Market AnalysisLifestyle, schools, market context, and homes in Northwest Hills
Active listings and buyer search context in Northwest Hills
ZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($798,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 4101 Spicewood Springs RD is around $25,364 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $3,990,000, 4101 Spicewood Springs RD is in the Northwest Hills market where there are currently 61 active listings in 78759. The Keenan Group has completed 35 transactions in 78759 as part of 1,000+ career sales totaling $1B+ across Austin. For a detailed market analysis, see our [Northwest Hills guide](/neighborhoods/northwest-hills-austin).
4101 Spicewood Springs RD includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
4101 Spicewood Springs RD sits on a 3.06-acre lot, providing substantial outdoor living space. Properties of this scale in Austin's luxury market typically feature pool areas, outdoor kitchens, and mature landscaping. Confirm specific amenities with the listing agent.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Northwest Hills is one of Austin's established neighborhoods, zoned for Austin ISD in the 78759 area. The Keenan Group has specialized in Northwest Hills 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)
Somewhat Walkable
Some Transit
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.
7 events on record
Current Price
$3,990,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-8.1% | — | $2,732,899 | — | — |
2024-7.8% | — | $2,972,320 | $1,950,000 | $890,701 |
2023+64.6% | — | $3,223,331 | $1,950,000 | $1,022,320 |
2022+14.4% | — | $1,957,744 | $1,950,000 | $1,273,331 |
2021 | — | $1,710,603 | $1,200,000 | $757,744 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Best Match
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Neighborhood guide and local insights
Northwest Hills is a family neighborhood in 78731, built in the 1960s-80s on wooded half-acre lots between MoPac and Loop 360. Median home price $1.19M. Austin ISD schools — Doss Elementary and Murchison Middle rank among the district's best. 12 minutes to UT campus, 15 to downtown. The housing stock is predominantly single-story ranch and split-level homes on lots averaging 0.3-0.5 acres with mature live oak and cedar canopy. Most original homes are 1,800-3,000 sq ft. A renovation wave has been updating kitchens and adding square footage without tearing down — the lot sizes accommodate additions well. Active listings typically number 15-25 at any given time. Daily life revolves around the schools and the outdoors. Bull Creek for weekend wading, Mount Bonnell for sunset hikes (8 minutes from the neighborhood), Northwest District Park for soccer and the playground. Far West corridor handles weeknight dining — Saffron, 5280 Burger, Yamas. The Arboretum and Domain are 10 minutes north for shopping. HEB on Far West is the neighborhood grocery hub. What makes Northwest Hills the family value play in Central Austin: Doss/Murchison school quality at roughly half the Eanes ISD price point, lot sizes that rival Westlake, and a 15-minute commute that beats the suburbs. The tradeoff is Austin ISD (good but not Eanes) and 1960s-80s housing stock that often needs updating.
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Recent sales for market context