— bed, — bath on 10.01 acres in Spicewood. Spicewood, TX 78669. $1,295,000. Lake Travis ISD.
About This Home
Discover one of the last estate-sized, riverfront homesites at Overlook at Pedernales in Spicewood TX. Perched atop stunning rock bluffs, Lot 7 offers panoramic views of the Pedernales River and the Texas Hill Country. With only five lots remaining, this is a rare opportunity to create a private retreat in a truly scenic setting. This 10-acre parcel features breathtaking views from the rock bluffs, with mature oaks, wildflowers, and gently rolling terrain—creating an idyllic canvas to build your dream estate. Imagine evenings with stunning sunsets and starry nights, with a design that maximizes natural beauty. Equestrian-friendly, so build a barn and bring your horse! Additional acreage is available for expansion. This terraced parcel features flat, highly usable building sites with rich soil and minimal clearing. Towering live oaks, Texas Sage, and cactus add to the picturesque, park-like atmosphere, with riverfront views and incredible wildlife, all while maintaining the privacy of ranch living. The Overlook is currently wildlife exempt, new owners will have the option for continued agricultural or wildlife exemptions. The Pedernales River landscape varies with weather conditions, offering different experiences whether the water levels are high or low, and is renowned for its excellent fishing, deep pools, and hiking trails. Bring your kayak, hiking shoes, or fishing pole and explore this captivating destination, where nature’s changing beauty awaits at every turn. Located just 28.8 miles northwest of Downtown Austin within Lake Travis ISD and benefiting from low taxes and NO HOA, this area offers convenient access to Lake Travis, Lake LBJ, state parks, and vibrant shopping and dining. Create your riverfront sanctuary atop these incredible bluffs, blending outdoor living with scenic serenity. Lot 7 offers the perfect balance of convenience and rural privacy, with some of the best views of the Pedernales River and Hill Country. Additional acreage available.
Lot 7 Pedernales Canyon Trl Unit #Lot 7 is defined first by what is hardest to replace in the Spicewood market: 10.01 acres of waterfront land in Spicewood with a position tied to the Pedernales River. Priced at $1.29M and on the market for 6 days, this is unimproved land in Travis County for a buyer who values control of the homesite, the building plan, and the long-term hold more than a finished structure with fixed constraints. In Lake Travis ISD, with West Cypress Hills Elementary and Lake Travis High in the school path, the property also carries district alignment that matters to many buyers focused on western Travis County.
The value here comes from the combination of scale, water, and terrain. Ten acres is enough land to create meaningful privacy, separate the residence from neighboring uses, and shape a future build around the strongest parts of the site rather than forcing a plan onto a tight envelope. The remarks indicate rock bluffs above the river, broad Hill Country outlooks, rolling ground, mature oaks, wildflowers, and terraced areas with flat, usable building sites. That mix matters. Large tracts often read well on paper but lose practical value when too much of the land is steep, heavily wooded, or difficult to place. A parcel with usable sections and limited clearing needs gives an owner more flexibility in siting, access, outdoor space, and preservation of the natural setting.
This offering also benefits from scarcity. The remarks frame it as one of the last estate-sized riverfront homesites in the area, with only a handful of lots remaining. That is the kind of detail experienced land buyers pay attention to because premium raw land is not judged only by acreage. It is judged by whether the setting can be repeated once inventory tightens further. Waterfront land with bluff top character and enough acreage to build with real separation tends to hold a different position in the market than standard interior lots or finished homes that can be renovated and replicated.
There is also a broader use case here beyond a single house. The property is described as equestrian-friendly, with additional acreage available, which expands its planning range for a buyer thinking about a compound, land buffer, or a more deliberate long-term estate strategy. In this part of Spicewood, the combination of waterfront access, estate scale, and Lake Travis ISD gives this tract a level of location leverage that can support both personal use and future value.
The numbers behind this insight
- Offered at
- $1,295,000
- Listed
- March 10, 2026
- Property Type
- Land
- Lot Size
- 10.01 acres
Listing information last updated June 12, 2026.
Listed by Coldwell Banker Realty
MLS# 2901159 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Bluff
- Native Plants
- Private
- Rock Outcropping
- Many Trees
- Trees-Medium (20 Ft - 40 Ft)
- Views
- Lot Size
- 10.01 Acres
- River Front
Financial
- Original List Price
- $1,295,000
Utilities
- Underground Utilities
- Sewer
- Septic Needed
Transaction History
1 record on file
Every recorded listing, sale, and lease at Lot 7 Pedernales Canyon TRL Unit #Lot 7, whoever represented it.
- ActiveListed 2026Current price: $1,295,000Original list: $1,295,000MLS 2901159
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
- $1,295,000
- Original list
- $1,295,000
- Price movement
- No verified reduction
- Listed / DOM
- Mar 10, 2026 · 220 days
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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, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($259K)
Adjustable assumption - not a lending recommendation.
$1,295,000
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Keenan Market Position
A sourced read on Spicewood pricing, timing, and property scale. No automated valuation claim.
List price
$1,295,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
220 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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