708 Cowal DR, Spicewood, TX 78669

Loraloma is being built on 1,300 acres atop the Balcones Escarpment above Lake Travis, making it the largest new private community in the Hill Country west of Austin. The escarpment drops several hundred feet to the lake surface, which means the elevation produces views that most Austin-area neighborhoods cannot physically replicate. Every home sits above 1,000 feet, and the western lots look out across miles of open Hill Country. The community is in Spicewood, zip code 78669, roughly 30 minutes northwest of downtown via Highway 71. Bee Cave and the Galleria district are about 15 minutes southeast, and Marble Falls is 20 minutes northwest. Lake Travis marina access at Pace Bend is approximately 12 minutes. Spicewood has historically been ranch country, and Loraloma sits where Austin's western growth meets the open land that longtime residents have known for decades. Austin-Bergstrom airport is about 45 minutes via Highway 71. Every home is new construction from 2024 forward. Hill Country Modern architecture leads at roughly 35 percent, featuring clean lines, expansive glass, native stone, and low-slope rooflines that frame views rather than compete with them. Texas Ranch Contemporary accounts for about 25 percent, blending traditional ranch proportions with modern interiors. Lot sizes run one to three acres for most homesites, with estate lots exceeding five acres. Pricing starts in the low $2 millions for smaller lots with builder packages and climbs past $5 million for panoramic escarpment positions. Lake Travis ISD serves Spicewood, and families will attend schools in that district. Lake Travis High carries strong academic and athletic reputation. The drive from the community is approximately 20 minutes. Private options in the Bee Cave and Lakeway corridor are within commuting distance. This is not a five-minute school drop-off. Families who prioritize walkable school proximity should factor that in. The lifestyle is built around land, views, and outdoor access. An equestrian center and amphitheater are part of the amenity plan, along with miles of internal trails. Pedernales Falls State Park is 25 minutes away with excellent hiking and swimming. Pace Bend Park on Lake Travis provides cliff jumping and boat access. Krause Springs, a spring-fed swimming hole, is about 20 minutes away. Hamilton Pool Preserve is a 15-minute drive. For dining, Apis Restaurant in Spicewood delivers fine dining with local ingredients. Opie's BBQ serves brisket that locals swear by. Poodie's Hilltop has live music and cold beer. Flat Creek Estate Winery offers tastings and vineyard dinners, and Blue Bonnet Cafe in Marble Falls has served pie since 1929. Loraloma occupies a category that did not previously exist here. It is not a golf community like the Hills or Spanish Oaks, nor a marina community like Rough Hollow. The closest comparison is Horseshoe Bay, but Loraloma is 30 minutes closer to downtown. Compared to Bee Cave subdivisions like Falconhead or Sweetwater, the acreage is dramatically larger and the density dramatically lower. The development plan preserves over 60 percent as open space. Loraloma makes sense for buyers who have moved past the question of downtown proximity and are optimizing for land, privacy, and natural beauty. Families with flexible work arrangements will find the location comfortable. The community is in its earliest phase, so you are buying into a vision as much as a finished product. But the land is the asset that cannot be replicated. The escarpment is not getting any bigger.