4 bed, 4 bath, 3,441 sqft on 3.07 acres in Spicewood. Spicewood, TX 78669. $799,900. Marble Falls ISD.
About This Home
Perched high above the sparkling waters of Lake Travis, 509 Coventry Rd is more than a home — it’s a private Hill Country retreat where breathtaking views, unforgettable sunsets, and peaceful surroundings create an everyday escape from the ordinary.
Nestled on 3.07 private acres within a gated community, this fully furnished property offers the perfect blend of relaxation, entertainment, and investment opportunity. Whether you’re searching for a luxury second home, a memorable gathering place for family and friends, or a turnkey short-term rental, this one delivers.
Designed with a unique three-level layout and elevated “treehouse” feel, the home comfortably sleeps up to 18 guests with 4 spacious bedrooms and 4.5 bathrooms. Expansive windows and outdoor living spaces capture panoramic views of Lake Travis and the rolling Hill Country from nearly every angle.
The oversized top deck was made for entertaining — imagine sunset dinners, morning coffee overlooking the lake, and evenings under the stars with family and friends. Inside, recent updates including fresh interior and exterior paint and new flooring create a clean, modern feel while maintaining the home’s warm, inviting character.
Additional features include: • Fully furnished and turnkey • Two HVAC systems for efficient comfort • Solar panels to help reduce energy costs • Roof replaced in 2022 • Oversized garage with ample storage for lake toys and gear • Boat ramp and dock access just 5 minutes away
Residents also enjoy fantastic community amenities including: • Two swimming pools • Tennis court • Pavilion with outdoor kitchen for gatherings and events Life here feels peaceful, elevated, and connected to nature — yet still filled with fun, adventure, and possibility. Spend your days on the lake, your evenings soaking in endless Hill Country sunsets, and your weekends creating memories people will talk about for years to come. This is the kind of place people never want to leave.
The moment you crest the private drive at 509 Coventry Rd in Spicewood, Spicewood, the sound changes. Wind moves differently through the 40-foot pines scattered across the 3.07-acre lot. Water reflects light in ways that shift the entire atmosphere of the 3,441-square-foot home tucked into this hillside, perched to capture panoramic views of Lake Travis extending across the horizon.
This is the sensory foundation of waterfront living at this price point in Burnet County. The four-bedroom, four-and-a-half-bath home sits at an elevation that creates what builders call a "treehouse effect"-multiple living areas and dining spaces distributed across three levels, each one positioned to frame the water beyond. The covered deck isn't just an outdoor space; it's an extension of the main living room. Morning coffee tastes different when you're watching the lake surface before the day wakes up. Evening moves slower when you're holding that same mug on the deck as the Hill Country absorbs the sunset.
The home's 1984 construction has been substantially updated. New roof in 2022. Interior and exterior paint refreshed. The kitchen anchors the main level with granite counters, an island, and beamed ceilings that pull your eye upward and outward through the windows. Walk-in closets, natural woodwork, and recessed lighting support the functionality, but the architecture itself is designed around that connection to the water. Two HVAC systems handle the three-level layout efficiently. Solar panels offset energy costs. The two-car garage provides space for lake equipment and seasonal storage.
Marble Falls Independent School District serves this address, with Spicewood Elementary, Marble Falls Middle, and Marble Falls High School handling student assignments. The private maintained road system creates a gated-community structure within Spicewood, adding security and privacy. Two community pools, a tennis court, and a pavilion with outdoor kitchen support the lifestyle, though boat ramp and dock access sits just five minutes down the lake road.
At $305 per square foot for a waterfront property on this acreage in the Lake Travis corridor, the value reflects the specific geography-the slope, the views, the mature trees, the dock access nearby. Days on market at eighteen suggests the market recognizes what waterfront serenity actually costs in the current Austin-adjacent market.
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The numbers behind this insight
- Offered at
- $799,900
- Listed
- March 26, 2026
- Price changes
- 6, down 23.8% from $1,050,000
- Asking price per sq ft
- $232
- Property Type
- Residential
- Year Built
- 1984
- Lot Size
- 3.07 acres
- Price / Sq Ft
- $232
- HOA
- $710/year
- Garage
- 2 spaces
Listing information last updated September 16, 2026.
Listed by Keller Williams Realty
MLS# 3978434 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Two Primary Suties
- Bar
- Ceiling Fan(s)
- Beamed Ceilings
- Ceiling-High
- Granite Counters
- Double Vanity
- Eat-in Kitchen
- In-Law Floorplan
- Interior Steps
- Kitchen Island
- Multiple Dining Areas
- Multiple Living Areas
- Natural Woodwork
- Recessed Lighting
- Storage
- Walk-In Closet(s)
- Built-In Electric Oven
- Dishwasher
- Disposal
- Electric Cooktop
- Carpet
- Tile
- Vinyl
- Heating
- Central
- Cooling
- Central Air
- Fireplaces
- 2
Exterior & Lot
- Exterior Steps
- Private Yard
- Wood Siding
- Native Plants
- Private
- Public Maintained Road
- Sloped Down
- Steep Slope
- Trees-Heavy
- Trees-Large (Over 40 Ft)
- Views
- Combination
- Pillar
- Post
- Pier
- Slab
- Covered
- Deck
- Wrap Around
- Roof
- Shingle
- Lot Size
- 3.07 Acres
- Additional Parking
- Driveway
- Garage
- Garage Spaces
- 2
- Lake Front
- Lake Privileges
- Waterfront
Financial
- HOA Fee
- $710 / year
- Original List Price
- $1,050,000
- Price per Sq Ft
- $232
Utilities
- Electricity Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
2 records on file
Every recorded listing, sale, and lease at 509 Coventry RD, whoever represented it.
- ActiveListed 2026Current price: $799,900Original list: $1,050,000MLS 3978434
- Listed · March 26, 2026$1,050,000
- Price changed · May 6, 2026$1,000,000
- Price changed · June 18, 2026$950,000
- Price changed · July 9, 2026$930,000
- Price changed · July 13, 2026$900,000
- Price changed · July 28, 2026$845,000
- Price changed · September 8, 2026$799,900
- WithdrawnListed 2015Current price: $688,000Original list: $688,000MLS 1236254
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
Price Change with current price, original ask, and market time.
- Current list
- $799,900
- Original list
- $1,050,000
- Price movement
- $250.1K reduction
- Listed / DOM
- Mar 26, 2026 · 203 days
Virtual Tour

Zoned Schools & District Context
Marble Falls
Bee Cave Middle School
Spicewood
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 2026-10-15T15:12:07.555+00:00; normalized from annual dues.
20% ($160K)
Adjustable assumption - not a lending recommendation.
$799,900
Luxury property intelligence
Keenan Market Position
A sourced read on Spicewood pricing, timing, and property scale. No automated valuation claim.
List price
$799,900
Price per sqft
$232/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
203 days
Original to current
$250.1K reduction
$1.1M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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