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Discover a rare waterfront opportunity at 509 & 513 Nomad Drive — an exceptional 3+ acre offering on the Pedernales River arm of Lake Travis in Spicewood. Tucked at the end of a private road, this property offers outstanding privacy, panoramic Hill Country views, and approximately 250 feet of water frontage at normal lake levels. The elevated bluff features roughly 172 feet of frontage, providing an ideal homesite for a custom estate designed to capture sweeping sunrise views across the water. Mature oak trees, abundant wildlife, and a peaceful natural setting create a true retreat atmosphere, while a private easement road leads to the lower portion of the property for direct lake access. Ownership extends to the center of the Pedernales River, enhancing privacy and usable waterfront. Property includes a new 200-amp electrical panel, community water availability, and ample space for a private well. No builder restrictions and no timeline to build allow flexibility to create your vision now or enjoy the land and waterfront lifestyle. Located within the boutique Paleface Lake Country Estates community of just 58 homesites featuring a private residents-only boat launch and convenient access to golf, wineries, dining, and popular destinations such as Krause Springs.
Property Type
Land
Lot Size
3.10 acres
Listed by AustinRealEstate.com
Property Details
Features
Lot Features
Verified property facts
509 is zoned for Marble Falls ISD with assigned schools: Spicewood (Marble Falls ISD) (elementary), Marble Falls (middle), Marble Falls (high). School assignments should be verified directly with the district.
509 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.
With 20% down ($115,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 509 is around $4,038 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $575,000, 509 is in the Paleface Lake Country Estates market where there are currently 237 active listings in 78669. The Keenan Group has completed 9 transactions in 78669 as part of 1,000+ career sales totaling $1B+ across Austin.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listing timeline with current price, original ask, and market time.
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% ($115K)
$575,000
Luxury property intelligence
A sourced read on Paleface Lake Country Estates pricing, timing, and property scale. No automated valuation claim.
List price
$575,000
Price per sqft
Not available
Vs. Paleface Lake Country Estates median
Not available
Days on market
108 days
Original to current
No verified reduction
$575K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 1, 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
509 includes verified waterfront access. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Best Match
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Recent sales for market context