— bed, — bath on 3.05 acres in Spicewood. Spicewood, TX 78669. $795,000. Lake Travis ISD.
About This Home
Living by the water with your own boat slip doesn’t have to remain a dream. Welcome to The Coves on Lake Travis, an upscale gated waterfront community known for its estate-sized wooded homesites, eclectic custom homes, and distinctive Hill Country character. Residents enjoy private gated entry onto wide streets, access to the highly regarded Lake Travis Independent School District, and an impressive collection of community amenities. The HOA provides a private park, boat ramp, marina, jogging trails, playground, pickleball and tennis courts, along with exceptional Lake Travis access and privileges. This tree filled estate lot offers nice privacy good build site and the lot slopes on the back of the lot to grant lovely views. Possible lake view from second story. Not builder restricted with a boat slip. Also listed MLS# 594811/ to be built by LTB Design Build fpr $3,250,000.
Three acres of Hill Country land in Spicewood with your own boat slip on Lake Travis represents something increasingly rare: raw possibility in one of Austin's most coveted waterfront communities. The Coves on Lake Travis Phase 1 sits on Travis County terrain where the landscape dictates the lifestyle, not the other way around.
The lot itself is the foundation of everything. At 906 Moonlight Bay Drive, this 3.05-acre parcel anchors you within The Coves' gated community while preserving the sense of genuine seclusion that Hill Country living demands. The land rolls and slopes naturally toward the rear, creating elevation change that most suburban lots never offer. That topography isn't incidental - it's the reason homes built here can capture lake views from upper stories and why the property feels separate from the world beyond its boundaries. Mature trees cover the acreage, providing shade canopy and defining the boundaries of your personal domain without the cramped feeling of dense development.
The horizon here extends across water. Your boat slip provides direct Lake Travis access, meaning weekend mornings involve launching rather than driving. The marina facilities serve the entire community - boat ramp, private park, jogging trails - but this lot gives you ownership of your exact relationship to the water. The lake sits at elevation 681 feet, and from here you're positioned where Austin's tech corridor feels genuinely distant.
What you're buying is the potential to build exactly what you envision. No builder restrictions means no predetermined house plans or architectural monotony. The lot's interior position within The Coves provides buffer from through-traffic while maintaining the gated community's security infrastructure. Schools matter: West Cypress Hills Elementary, Lake Travis Middle School, and Lake Travis High School all serve the Lake Travis ISD, consistently ranking among the region's strongest academic programs.
The price point - $795,000 for 3.05 acres with boat slip inclusion - reflects raw land value in a community where finished homes run considerably higher. This is the stage before construction, before choices become permanent. Spicewood itself remains quieter than Austin proper, positioned northwest of the city where Hill Country begins asserting its character over suburban convenience. The land here demands respect and planning. It rewards it with something increasingly unavailable anywhere near Austin: genuine space, legitimate water access, and the freedom to build a life aligned with how you actually want to live.
The numbers behind this insight
- Offered at
- $795,000
- Listed
- June 14, 2026
- Property Type
- Land
- Lot Size
- 3.05 acres
- HOA
- $2,175/year
Listing information last updated June 22, 2026.
Listed by Coldwell Banker Realty
MLS# 4336639 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Boat Slip
- Private Yard
- Interior Lot
- Lot Size
- 3.05 Acres
- Lake Privileges
Financial
- HOA Fee
- $2,175 / year
- Original List Price
- $795,000
Utilities
- Electricity Available
- Phone Available
- Water Source
- Private
- Sewer
- Septic Needed
Transaction History
4 records on file
Every recorded listing, sale, and lease at 906 Moonlight Bay DR, whoever represented it.
- ActiveListed 2026Current price: $3,250,000Original list: $3,250,000MLS 5948112
- Listed · June 22, 2026$3,250,000
- ActiveListed 2026Current price: $795,000Original list: $795,000MLS 4336639
- Listed · June 14, 2026$795,000
- SoldSeptember 21, 2007Listed at: $225,000MLS 8682295
- SoldMay 8, 2004Listed at: $91,500MLS 709088
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
- $795,000
- Original list
- $795,000
- Price movement
- No verified reduction
- Listed / DOM
- Jun 14, 2026 · 143 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $488,000
- Assessment Year
- 2025
- Parcel ID
- 000000375775
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+189.2% | — | $488,000 | $488,000 | — |
2021 | — | $168,750 | $168,750 | — |
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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 and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-10-16T04:07:05.508+00:00; normalized from annual dues.
Illustrative down payment
20% ($159K)
Adjustable assumption - not a lending recommendation.
Home price
$795,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Spicewood pricing, timing, and property scale. No automated valuation claim.
List price
$795,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
143 days
Original to current
No verified reduction
$795K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.
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