
Welcome to 4607 R O Dr, Spicewood, TX 78669 — a rare, income-producing Hill Country estate on 10 unrestricted acres that blends luxury, scale, and flexibility. Built in 2001, this sprawling compound features 6,137 sq ft across three distinct structures, combining 7 bedrooms and 5.5 bathrooms. Currently operated as a high-end short-term rental and event venue, the property generates proven returns while also functioning seamlessly as a private family compound or legacy retreat. Each building is designed for independent living, yet the ensemble creates a unified experience surrounded by panoramic views, resort-style outdoor amenities, multiple gathering spaces, and utility outbuildings. With no HOA, no deed restrictions, gated access, and proximity to Highway 71 and the Austin metro, this offering presents an unmatched opportunity for commercial, hospitality, or boutique retreat investors.
Property Type
Commercial Sale
Year Built
2001
Lot Size
10.00 acres
Garage
10 spaces
Listed by Keller Williams - Lake Travis
Verified property facts
4607 R O Dr is listed at $2,500,000 with 0 bedrooms, 10.00-acre lot. This places it above the 78669 median of $875,000.
4607 R O Dr is a Commercial Sale built in 2001 featuring 0 bedrooms, 10.00-acre lot.
4607 R O 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.
The most recent annual property tax for 4607 R O Dr is $36,154. 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.
With 20% down ($500,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 4607 R O Dr is around $15,985 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
Property Details
Flooring
Construction
Foundation
Parking
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.
Price Change 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 |

District context schools are shown because address-level assigned school fields are not available for this property. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($500K)
$2,500,000
Luxury property intelligence
A sourced read on Scott G W pricing, timing, and property scale. No automated valuation claim.
List price
$2,500,000
Price per sqft
Not available
Vs. Scott G W median
Not available
Days on market
252 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 Jun 15, 2026.
Request Private Market AnalysisZIP-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
At $2,500,000, 4607 R O Dr is in the Scott G W market where there are currently 258 active listings in 78669. The Keenan Group has completed 9 transactions in 78669 as part of 1,000+ career sales totaling $1B+ across Austin.
4607 R O Dr sits on a 10.00-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.
8 events on record
Current Price
$2,500,000
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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