— bed, — bath on 1.95 acres in Spicewood. Spicewood, TX 78669. $259,900. Marble Falls ISD.
About This Home
Discover a rare waterfront homesite opportunity at 509 Nomad Drive in Spicewood. Situated within the exclusive Paleface Lake Country Estates community, this approximately 1.95-acre waterfront property offers exceptional privacy, mature oak trees, panoramic Hill Country views, and approximately 150 feet of frontage along the Pedernales River arm of Lake Travis at normal lake levels.
The property's elevated bluff provides an outstanding building site for a custom lakefront estate designed to capture breathtaking sunrise views across the water and surrounding Hill Country. The pie-shaped configuration creates a unique sense of seclusion while maximizing both view corridors and usable space. A private easement road provides access to the lower portion of the property for direct enjoyment of the waterfront.
Ownership extends to the center of the Pedernales River, offering enhanced privacy and control of your waterfront experience. The property includes a new 200-amp electrical panel, community water availability, and ample room for a private well. With no builder restrictions and no timeline to build, owners have the flexibility to create their dream retreat at their own pace.
Located in a boutique waterfront community of only 58 homesites, residents enjoy access to a private boat launch and are just minutes from area golf courses, wineries, restaurants, and popular Hill Country destinations, including Krause Springs. Whether you're seeking a future custom home site, weekend getaway, or long-term investment, 509 Nomad Drive presents a rare opportunity to own premier waterfront acreage on Lake Travis.
- Property Type
- Land
- Lot Size
- 1.95 acres
Listing information last updated September 17, 2026.
Listed by AustinRealEstate.com
MLS# 3825029 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Boat Ramp
- Sloped Down
- Many Trees
- Lot Size
- 1.95 Acres
- River Front
- Waterfront
Financial
- Original List Price
- $289,900
Utilities
- Electricity Available
- Sewer Not Available
- Water Available
- Water Source
- Shared Well,See Remarks
- Sewer
- Septic Needed
Transaction History
1 record on file
Every recorded listing, sale, and lease at 509 Nomad DR, whoever represented it.
- ActiveListed 2026Current price: $259,900Original list: $289,900MLS 3825029
- Listed · June 8, 2026$289,900
- Price changed · September 17, 2026$259,900
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
Listing timeline with current price, original ask, and market time.
- Current list
- $259,900
- Original list
- $289,900
- Price movement
- $30K reduction
- Listed / DOM
- Jun 8, 2026 · 130 days
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, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($52K)
Adjustable assumption - not a lending recommendation.
$259,900
Luxury property intelligence
Keenan Market Position
A sourced read on Spicewood pricing, timing, and property scale. No automated valuation claim.
List price
$259,900
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
130 days
Original to current
$30K reduction
$289.9K 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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78669 ZIP Guide
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Lake Travis ISD Schools
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