#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
Discover a rare opportunity to own a multi-generational gentlemen’s ranch and thriving investment property on 10 acres of unrestricted Texas Hill Country land. Currently operating as a short-term rental and event venue, this estate is equally suited as a private family compound or income-generating retreat. Behind the gated entrance, three distinct residences create endless versatility for hosting, entertaining, or private living. Together, they offer 7 bedrooms, 6 full baths, multiple kitchens and dining areas, and expansive gathering spaces. The Main Ranch House blends Hill Country charm with modern comfort, featuring 4 main-level bedrooms (including 2 suites), a loft, and 3 bathrooms. A two-story Guest House provides a separate kitchenette, dining area, and upstairs suite with bedroom, bath, and sitting area. The third residence serves as an entertainment lodge, complete with a two-room game house and bar on the main level and a full upstairs suite with kitchen, dining, and living space. Outdoors, enjoy resort-style amenities including a heated pool with cascading water features, a gazebo, fenced garden, and ample outdoor living areas framed by rolling terrain and panoramic Hill Country views. Additional outbuildings provide storage, workshop space, and flexible utility. With proven income from Airbnb/VRBO and event rentals, plus no HOA or deed restrictions, this property stands out as both a legacy estate and a premier investment in the heart of Lake Travis ISD. Just minutes from Highway 71 and an easy drive to Austin, it’s a one-of-a-kind lifestyle opportunity in Spicewood.
Property Type
Residential
Year Built
2001
Lot Size
10.00 acres
$/Sq Ft
$403
Pool
Yes
Listed by Keller Williams - Lake Travis
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Verified property facts
4607 R O Dr is listed at $2,475,000 with 7 bedrooms, 5 full, 1 half bathrooms, 6,137 square feet, 10.00-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 Sep 4, 2026).
4607 R O Dr is zoned for Lake Travis ISD with assigned schools: West Cypress Hills (elementary), Lake Travis (middle), Lake Travis (high). School assignments should be verified directly with the district.
4607 R O Dr is a Residential built in 2001 featuring 7 bedrooms, 5 full, 1 half bathrooms, 6,137 square feet, 10.00-acre lot.
4607 R O Dr is listed by Keller Williams - Lake Travis. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 5, 2026.
The most recent annual property tax for 4607 R O Dr is $28,996. 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
Previously Represented By
The Keenan Group at Compass
#1 ABoR Team 2024$1B+ Career Sales1,000+ Homes Sold
Original List Price
$2,300,000
Closing Date
May 3, 2022
Days on Market
96
The Keenan Group represented the buyer in the May 3, 2022 sale of this property (listed at $2,300,000). The home was on the market for 96 days.
9 records on file
Every recorded listing, sale, and lease at 4607 R O DR, whoever represented it. The Keenan Group represented 4 of them.
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.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-0.0% | — | $2,157,122 | — | — |
2024-3.0% | — | $2,157,579 | $1,063,244 | $1,086,881 |
2023+69.5% | — | $2,224,133 | $1,063,244 | $1,094,335 |
2022 | — | $1,312,469 | $1,062,500 | $1,161,633 |
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% ($495K)
Adjustable assumption - not a lending recommendation.
$2,475,000
Luxury property intelligence
A sourced read on Scott G W pricing, timing, and property scale. No automated valuation claim.
List price
$2,475,000
Price per sqft
$403/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
17 days
Original to current
No verified reduction
$2.5M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 5, 2026.
Request Private Market AnalysisKG portfolio record with transaction details and photos
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
This page does not assume a mortgage rate or publish a monthly payment for 4607 R O Dr. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 5, 2026, 4607 R O Dr is offered at $2,475,000. The current MLS snapshot shows 221 active listings in 78669. Keenan Group has completed 9 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.
9 events on record
Current Price
$2,475,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-0.0% | — | $2,157,122 | — | — |
2024-3.0% | — | $2,157,579 | $1,063,244 | $1,086,881 |
2023+69.5% | — | $2,224,133 | $1,063,244 | $1,094,335 |
2022 | — | $1,312,469 | $1,062,500 | $1,161,633 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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