— bed, — bath on 11.78 acres in Spicewood. Spicewood, TX 78669. $1,490,000. Marble Falls ISD.
About This Home
AG EXEMPT LAND!!! Spectacular opportunity in the heart of the Texas Hill Country—this extraordinary property offers a rare blend of natural beauty, flexibility, and prime location. Manicured to perfection and park-like in setting, the land is adorned with majestic, mature oak trees that create a serene and picturesque landscape ideal for a private estate, family compound, or visionary development. With no deed restrictions, the possibilities here are truly limitless—bring your imagination and design the lifestyle you’ve been dreaming of. Whether you envision a luxury retreat, equestrian haven, boutique short-term rental concept, or a one-of-a-kind homestead, this property provides the freedom to make it your own. Conveniently located in the charming and growing community of Spicewood and just minutes from the iconic Krause Springs, you’ll enjoy both tranquility and accessibility to one of the Hill Country’s most beloved destinations. An exceptional bonus: the property includes three wells, offering valuable infrastructure and supporting a wide range of potential uses.A 100 year old gas station marks the left front corner. Future Fredericksburg??? Come see this beautiful tract of land.
A sprawling 11.78-acre canvas in Spicewood offers the kind of raw Hill Country freedom that's becoming impossible to find within 30 minutes of Austin. This cleared and level property on CR 404 sits in Burnet County with zero deed restrictions, meaning you're designing from scratch whether that's a weekend hunting lodge, full-time family compound, or something entirely your own vision.
The land itself reads like a recreational playground. Mature oak trees scattered across open acreage create natural hunting corridors for deer and wild turkey that roam this region. The cleared sections give you room for ATV trails, target ranges, or riding paths if horses are part of your Hill Country dream. Kids and adults alike find endless weekend projects on property this size-from building treehouse structures to establishing fishing ponds that the three existing wells on-site can support. That water infrastructure is genuine infrastructure, not theoretical. It changes what's possible here.
Location-wise, you're positioned in the fast-growing community of Spicewood while staying minutes from Krause Springs, the area's most visited natural attraction where limestone-fed pools draw crowds year-round. Marble Falls ISD serves the property, with Spicewood Elementary, Marble Falls Middle, and Marble Falls High all feeding from this district. The main Marble Falls ISD campus sits just outside town, making school runs manageable even if your property becomes a full-time retreat.
Highway 71 corridor access means Bee Cave and Lakeway are 20 minutes south. Downtown Marble Falls offers basic services and dining. But the real appeal here isn't proximity to town-it's distance from neighbors. You get genuine separation with the scale of acreage while still being in Texas Hill Country rather than hours into the outliers.
The property's blank-slate status is either unlimited potential or requires serious vision. No structures means no turnkey convenience, but it means no compromises on what you'll build. Frame construction materials will eventually go up, but the timeline and design are entirely yours. The gas station marking the front corner is local history-Spicewood has seen steady growth, and this positioning puts you ahead of development conversations that will shape the area for the next decade.
This is acquisition with optionality. A weekend retreat that could become primary residence. A hunting base that could scale into a compound. A family's long-term land play in an appreciating Hill Country corridor.
The numbers behind this insight
- Offered at
- $1,490,000
- Listed
- April 3, 2026
- Property Type
- Farm
- Lot Size
- 11.78 acres
Listing information last updated May 4, 2026.
Listed by Ruzicka Real Estate
MLS# 3836429 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Frame
- Cleared
- Level
- Open Lot
- Trees-Medium (20 Ft - 40 Ft)
- Views
- Lot Size
- 11.78 Acres
- Outside
Financial
- Original List Price
- $1,490,000
Utilities
- Electricity Available
- Electricity Connected
- Water Connected
- Water Source
- Well
- Sewer
- Septic Tank
Transaction History
3 records on file
Every recorded listing, sale, and lease at 7908 CR 404, whoever represented it.
- ActiveListed 2026Current price: $1,490,000Original list: $1,490,000MLS 8682992
- ActiveListed 2026Current price: $1,490,000Original list: $1,490,000MLS 4333627
- ActiveListed 2026Current price: $1,490,000Original list: $1,490,000MLS 3836429
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Explore this area
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $1,490,000
- Original list
- $1,490,000
- Price movement
- No verified reduction
- Listed / DOM
- Apr 3, 2026 · 196 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $946,824
- Assessment Year
- 2025
- Year Built
- 2009
- Parcel ID
- R-13-3000-0804-00009
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026-23.0% | — | $729,318 | $4,139,465 | $173,346 |
2025 | — | $946,824 | $4,459,869 | $354,502 |
Zoned Schools & District Context
Marble Falls
Bee Cave Middle School
Spicewood
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% ($298K)
Adjustable assumption - not a lending recommendation.
$1,490,000
Luxury property intelligence
Keenan Market Position
A sourced read on Spicewood pricing, timing, and property scale. No automated valuation claim.
List price
$1,490,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
196 days
Original to current
No verified reduction
$1.5M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
Request Private Market AnalysisConnect 7908 Cr 404 to the Austin Market
78669 ZIP Guide
ZIP-level neighborhoods, schools, lifestyle, and Austin market context
Lake Travis ISD Schools
District guide, nearby schools, and homes by attendance area
Austin Home Valuation
Private Austin CMA, TCAD context, and pricing strategy
Seller Resources
Pricing, prep, launch timing, and Compass marketing strategy
Keenan Group Results
#1 ABOR Team 2024 with $1B+ career sales volume


















