This property has sold on August 21, 2025. Looking for something similar? Contact us or browse available homes.

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$2,795,000
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THE RIDGE - This distinctively positioned homesite seemingly floats above the ranch, offering rare views not available from any other lots within Preservation Ranch. The lengthy and private driveway approaches the homesite at the high point of the ridge, with large oak trees providing a canopy from the east and a dramatic cliffside to the west. An ideal build site rests atop the summit, and the remainder of the property continues to slope lower and lower along your own private hillside. At the base of this lot, you will find seeps, springs, and unique fauna and flora.
Preservation Ranch is a unique community with only thirty-two individual ranchettes spread over 1,000 acres of private, high-fenced hill country land. With miles of Bee Creek and other unnamed tributaries running throughout this area, you will not find another offering quite like this anywhere else, all within 15 minutes of the Hill Country Galleria, Whole Foods & HEB grocery stores, restaurants, and shopping.
The most striking benefit of living within Preservation Ranch is the lifestyle: Secluded, Private, and Elegant. Some say this unique area reminds them of Rancho Santa Fe, CA. Preservation Ranch is truly a rare find because of its close proximity to Bee Cave and Dripping Springs, but with an Austin address. Located in Lake Travis ISD with the new Travis County parks expansion around the corner. A perfect blend of hill country ranch life with the conveniences of the city just down the road. All property in Preservation Ranch is under a wildlife exemption maintained by the HOA. This exemption is challenging to get, but the work has been done for you and will help significantly reduce property tax burdens for landowners here.
Preservation Ranch affords unique Texas Hill Country homesites to create the luxury estate and lifestyle you and your family will treasure for many generations to come.
Property Type
Land
Lot Size
26.76 acres
HOA
$350/mo
Listed by Compass RE Texas, LLC
Property Details
Features
Lot Features
Waterfront
Verified property facts
8121 Spiro Trail is listed at $2,795,000 with 0 bedrooms, 26.76-acre lot. This places it above the 78738 median of $850,000.
8121 Spiro Trail is zoned for Lake Travis ISD with assigned schools: Bee Cave (elementary), Bee Cave Middle School (middle), Lake Travis (high). School assignments should be verified directly with the district.
8121 Spiro Trail is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 8121 Spiro Trail is $47. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
With 20% down ($559,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 8121 Spiro Trail is around $14,507 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
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Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Preservation Ranch
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $3,104 | — | — |

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. Ratings from GreatSchools.org.
20% ($559K)
$2,795,000
Luxury property intelligence
A sourced read on Preservation Ranch pricing, timing, and property scale. No automated valuation claim.
List price
$2,795,000
Price per sqft
Not available
Vs. Preservation Ranch median
Not available
Days on market
379 days
Original to current
No verified reduction
$2.8M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 5, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $2,795,000, 8121 Spiro Trail is in the Preservation Ranch market where there are currently 240 active listings in 78738. The Keenan Group has completed 19 transactions in 78738 as part of 1,000+ career sales totaling $1B+ across Austin.
8121 Spiro Trail includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
8121 Spiro Trail sits on a 26.76-acre lot, providing substantial outdoor living space. Properties of this scale in Austin's luxury market typically feature pool areas, outdoor kitchens, and mature landscaping. Confirm specific amenities with the listing agent.
8121 Spiro Trail is part of a managed community with HOA dues of $350 monthly. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
4 events on record
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $3,104 | — | — |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Recent sales for market context