— bed, — bath on 7.31 acres in Spicewood. Spicewood, TX 78669. $1,300,000.
About This Home
7.3 Acre Tract adjacent to Spicewood Elementary School. No Zoning.
The core advantage here is flexibility: 601 Spur 191 delivers 7.31 acres in Spicewood with no zoning, a meaningful distinction for a commercial site where future use, timing, and entitlement strategy directly affect value. Set within Spicewood in Burnet County, this is a commercial sale - site-pad opportunity priced at $1.30M, which puts scale and optionality at the center of the investment case.
Large tracts with this kind of freedom are evaluated differently than finished commercial product. Buyers are not paying for a fixed program. They are paying for land position, usable acreage, and the ability to shape a site around demand rather than inherit someone else’s constraints. That matters even more when the property sits adjacent to Spicewood Elementary School, because adjacency to an established daily-use destination can influence traffic patterns, visibility considerations, and the practical logic of future commercial planning. The absence of zoning does not remove the need for diligence, but it does widen the path for a buyer who wants more control over what the site can become.
The 7.31-acre size is also the number that drives the conversation. It is large enough to support a more deliberate land-use strategy than smaller infill commercial parcels, yet still priced at a level that keeps the basis grounded for a buyer focused on long-term positioning. At 277 days on market, this is not a property that should be read like a finished retail box or a stabilized income asset. It should be read as a land decision. The question is not what is already here in built square footage, because that data is not the story in this listing. The story is whether a buyer sees value in controlling a substantial commercial tract in Spicewood before surrounding growth further narrows the margin for flexible site acquisition.
For an investor, developer, or owner-user thinking beyond the current cycle, 601 Spur 191 offers a straightforward proposition: secure acreage, preserve optionality, and hold a site that can be positioned around future commercial demand in one of the Hill Country corridors where flexibility tends to become more valuable over time.
The numbers behind this insight
- Offered at
- $1,300,000
- Listed
- June 12, 2025
- Property Type
- Commercial Sale
- Year Built
- 2025
- Lot Size
- 7.31 acres
Listing information last updated March 16, 2026.
Listed by ATXPG
MLS# 6558342 • Pending
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Lot Size
- 7.31 Acres
Financial
- Original List Price
- $1,300,000
Utilities
- Electricity Available
Transaction History
1 record on file
Every recorded listing, sale, and lease at 601 Spur 191, whoever represented it.
- PendingListed 2025Current price: $1,300,000Original list: $1,300,000MLS 6558342
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
- $1,300,000
- Original list
- $1,300,000
- Price movement
- No verified reduction
- Listed / DOM
- Jun 12, 2025 · 490 days
District Schools Nearby
Lake Travis High School
Bee Cave Middle School
Hudson Bend Middle School
Lake Pointe Elementary
Lakeway Elementary
Bee Cave Elementary
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($260K)
Adjustable assumption - not a lending recommendation.
$1,300,000
Luxury property intelligence
Keenan Market Position
A sourced read on Spicewood pricing, timing, and property scale. No automated valuation claim.
List price
$1,300,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
490 days
Original to current
No verified reduction
$1.3M 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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