— bed, — bath on 0.40 acres in Loraloma. Spicewood, TX 78669. $1,260,000. Marble Falls ISD.
About This Home
Loraloma Club and Estates is a new masterplan development located on one of the most sought after pieces of land in the Texas Hill Country, just 25 miles outside of Austin.
Loraloma’s vibrant neighborhood will be a gathering place for people to enjoy the Texas Hill Country. It’s a place meant for connection—thoughtful design, natural surroundings, and an array of amenities are the building blocks to form your own legacy with family and community by your side.
Loraloma's amenity spaces celebrate the surrounding landscape with a range of tranquil and lively offerings, from a natural Hill Country swimming hole to water-based sports on the Pedernales River to horseback riding along 40+ miles of connected trails.
The centerpiece of Loraloma is a David McLay Kidd-designed championship golf course. 18 rolling holes comprise this links-style course, envisioned by the top golf architect in the world. Opening for play to Loraloma members in October 2025, this course will redefine golf in Texas, and it is only available to residents.
Golf Lot 18 at Loraloma is in prime position on hole #15 of the David McLay Kidd-designed course. Long views down the fairway and direct views of the 15th hole’s water feature, this lot is one of just 89 on the entire course, with less than 8 holes featuring real estate. Living on this David McLay Kidd masterpiece is incredible rare in the world and offered nowhere else in Texas.
Generous home designs are builder-ready for this homesite. Be a part of this exclusive community and claim real estate on a course that is destined to be one of the best in the nation.
Scarcity is the story here. _ Pleasant Knoll Drive Rd is a 0.395 acre unimproved homesite in Loraloma, positioned on the David McLay Kidd-designed golf course in Spicewood, Texas 78669, within Marble Falls ISD and served by schools including Spicewood Elementary.
At $1.20 million, this land offering stands out because it sits within a new Hill Country master planned community where golf frontage is limited and tightly controlled. Agent information identifies this homesite as Golf Lot 18, set along the 15th hole with long fairway views and a direct line to the hole’s water feature. That matters because only 89 lots are located on the course, and fewer than eight holes include residential real estate at all. In practical terms, buyers are not just evaluating a vacant parcel. They are evaluating a constrained position inside a private residential layout where the number of comparable future opportunities is inherently small.
The broader Loraloma concept adds another layer to the value equation. The community is located about 25 miles outside Austin on a highly sought after stretch of Texas Hill Country land, with the Pedernales River, a natural swimming hole, horseback riding, and more than 40 miles of connected trails built into the neighborhood plan. The golf course itself is central to that identity, with 18 rolling holes in a links style design and an opening planned for Loraloma members in October 2025. For a buyer studying long term desirability, that timeline and amenity sequence matter. They shape how the community will mature, how homesites are absorbed, and how premium positions are recognized over time.
Days on market at 178 also gives this property a different analytical profile than a finished home. There is no existing square footage, bedroom count, bath count, or year built to justify on replacement cost alone. The value rests in land placement, future build potential, and the relationship between this homesite and the most limited features in the development. With Marble Falls High and Marble Falls Middle also in the assigned school path, the offering has a defined district framework as well as a clear community identity.
For buyers who understand luxury land, the appeal is straightforward: a builder-ready golf homesite, inside a new Hill Country community, with finite course frontage and a position tied directly to one of the development’s most important long term assets.
The numbers behind this insight
- Offered at
- $1,260,000
- Listed
- September 19, 2025
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.
School District: Marble Falls ISD
View Loraloma neighborhood guide- Property Type
- Land
- Lot Size
- 0.40 acres
- HOA
- $7,500/year
Listing information last updated March 19, 2026.
Listed by Compass RE Texas, LLC
MLS# 8910863 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Native Plants
- Backs To Golf Course
- Private Maintained Road
- Lot Size
- 0.40 Acres
Financial
- HOA Fee
- $7,500 / year
- Original List Price
- $1,195,000
Utilities
- Cable Available
- Electricity Available
- High Speed Internet
- Phone Available
- Sewer Available
- Water Available
- Water Source
- Private
- Sewer
- Private Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at _ Pleasant Knoll Drive Rd, whoever represented it.
- ActiveListed 2025Current price: $1,260,000Original list: $1,195,000MLS 8910863
- Price changed · March 19, 2026$1,260,000
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
- $1,260,000
- Original list
- $1,195,000
- Price movement
- No verified reduction
- Listed / DOM
- Sep 19, 2025 · 411 days
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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 and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-10-15T23:07:21.967+00:00; normalized from annual dues.
Illustrative down payment
20% ($252K)
Adjustable assumption - not a lending recommendation.
Home price
$1,260,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Loraloma pricing, timing, and property scale. No automated valuation claim.
List price
$1,260,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
411 days
Original to current
No verified reduction
$1.2M original
Active inventory context
3 listings
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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