3 bed, 2 bath, 2,978 sqft on 0.43 acres in Spicewood. Spicewood, TX 78669. $750,000. Lake Travis ISD.
About This Home
Welcome to 501 Alva Drive, an elegant custom Hill Country retreat where thoughtful design, refined finishes, and the relaxed Lake Travis lifestyle come together beneath mature oak trees. Set on a beautifully landscaped .43-acre homesite in Briarcliff, this nearly 2,978-square-foot residence offers 3 bedrooms, 2.5 baths, a spacious game room or 4th bedroom, and inviting spaces for living and entertaining.
Soaring ceilings, rich hardwood floors, designer lighting, and abundant natural light create a sophisticated yet welcoming atmosphere. The beautifully appointed kitchen features a generous island, stone countertops, farmhouse sink, butler’s pantry, and ample storage. It flows into an oversized dining area and dramatic two-story living room, where sliding glass doors open to the covered patio and landscaped backyard.
The main-level primary suite features custom millwork and a spa-inspired bath with Carrara marble, soaking tub, oversized walk-in shower with mosaic tile, and custom closet with direct laundry access. A main-level study alcove with built-in desk and storage provides a convenient workspace.
Upstairs, two additional bedrooms and the spacious game room enjoy views toward Lake Travis, while the covered balcony offers a place to take in the lake and Hill Country scenery.
A covered front porch, expansive back patio, mature oaks, and landscaped yard complement the natural setting. A custom wood privacy fence with bull wire accents adds character. Upgraded 2x6 exterior wall construction provides enhanced insulation, durability, and energy efficiency.
Briarcliff amenities include Lake Travis access, marina and boat launch, 9-hole golf course, hike and bike trails, pickleball and tennis courts, dog park, playgrounds, picnic areas, and community recreation spaces.
Elegant yet relaxed, 501 Alva Drive captures the beauty, recreation, and easygoing character of the Texas Hill Country and Lake Travis lifestyle.
- Property Type
- Residential
- Year Built
- 2019
- Lot Size
- 0.43 acres
- Price / Sq Ft
- $252
- HOA
- $327/year
- Garage
- 2 spaces
Listing information last updated November 3, 2026.
Listed by Keller Williams - Lake Travis
MLS# 3525939 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Breakfast Bar
- Built-in Features
- Ceiling Fan(s)
- Cathedral Ceiling(s)
- Ceiling-High
- Quartz Counters
- Double Vanity
- Kitchen Island
- Natural Woodwork
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Soaking Tub
- Storage
- Study
- Home Office
- Walk-In Closet(s)
- Dishwasher
- Disposal
- Dryer
- Electric Cooktop
- Exhaust Fan
- Microwave
- Electric Oven
- RNGHD
- Self Cleaning Oven
- Vented Exhaust Fan
- Tile
- Wood
- Heating
- Central,Electric
- Cooling
- Central Air,Electric
- Fireplaces
- 1
Exterior & Lot
- Balcony
- Garden
- Rain Gutters
- Private Yard
- Hardi
- Plank Type
- Masonry – Partial
- Stone
- Back Yard
- Corner Lot
- Front Yard
- Landscaped
- Near Golf Course
- Private
- Many Trees
- Views
- Back Yard
- Fenced
- Full
- Slab
- Covered
- Patio
- Porch
- Roof
- Composition,Metal,Shingle
- Lot Size
- 0.43 Acres
- Garage
- Garage Spaces
- 2
Financial
- HOA Fee
- $327 / year
- Original List Price
- $750,000
- Price per Sq Ft
- $252
Utilities
- Electricity Connected
- Phone Available
- Water Connected
- Water Source
- Public
- Sewer
- Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 501 Alva DR, whoever represented it.
- ActiveListed 2026Current price: $750,000Original list: $750,000MLS 3525939
- Listed · September 28, 2026$750,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listed with current price, original ask, and market time.
- Current list
- $750,000
- Original list
- $750,000
- Price movement
- No verified reduction
- Listed / DOM
- Sep 28, 2026 · 37 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $696,561
- Assessment Year
- 2025
- Year Built
- 2018
- Parcel ID
- 000000356690
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-6.0% | — | $696,561 | — | — |
2024-1.3% | — | $741,304 | $125,000 | $578,094 |
2023+36.4% | — | $751,198 | $125,000 | $616,304 |
2022 | — | $550,693 | $125,000 | $626,198 |
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 and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-11-03T16:31:27.216+00:00; normalized from annual dues.
Illustrative down payment
20% ($150K)
Adjustable assumption - not a lending recommendation.
Home price
$750,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Spicewood pricing, timing, and property scale. No automated valuation claim.
List price
$750,000
Price per sqft
$252/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
37 days
Original to current
No verified reduction
$750K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Nov 3, 2026.
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