Active Listing  ·  91 days on market

105 N Angel Light Dr

Spicewood, TX 78669
$3,995,000
4 Bed 5 Bath 5,000 sqft $799/sqft Built 2026 4.14 acres 3-Car Garage Pool Angel Bay

Austin Studio Architects has collaborated with C&A Builders to present a remarkable concept home for 105 Angel Light Drive. This thoughtfully designed one-story floor plan delivers the features today's families desire, combining timeless architecture with exceptional functionality. Inspired by the natural beauty of the Texas Hill Country, the home is carefully positioned to capture the majestic views of Lake Travis. Expansive walls of windows fill the interior with abundant natural light while seamlessly connecting the living spaces to the surrounding landscape. Designed for both everyday living and effortless entertaining, the home features a dramatic entry gallery, an open-concept floor plan, a private executive office, a butler's pantry, and an impressive game room complete with a full wet bar. The outdoor living experience is equally exceptional, with a resort-style pool surrounded by majestic oak trees, creating a private retreat that embraces the beauty and tranquility of the site.

At $799/sqft, this home is priced 57% above the Spicewood active market average of $508/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

105 N Angel Light Dr, Spicewood, TX 78669

Property Details

Price $3,995,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths 1
Living Area 5,000 sqft
Lot Size 4.14 acres (180,512.64 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Angel Bay
County Travis
Zip Code 78669
$/sqft $799/sqft
Days on Market ,
HOA $2,000/Annually
Annual Tax Est. $9,553.28
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237591299
List Date June 25, 2026
Elementary School West Cypress Hills
Middle School Lake Travis
High School Lake Travis
School District ,

Luke Allen (TREC #788149) has deep knowledge of Spicewood and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in Spicewood

Comparable Listings Right Now

Homes currently for sale in Spicewood with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
19559 Sandcastle Dr
Coves On Lake Travis The Ph 1
$3,480,000 $757 4 bd / 5 ba 4,600 sqft , 2026-07-02
906 Moonlight Bay Dr
Coves On Lake Travis The Ph 1
$3,250,000 $719 4 bd / 6 ba 4,521 sqft , 2026-06-22
20607 Thurman Bend Rd
Angel Bay
$2,800,000 $489 5 bd / 6 ba 5,730 sqft , 2026-01-16
821 S Angel Light Dr
La Isla At Angel Bay Sec 02
$2,599,000 $610 5 bd / 6 ba 4,259 sqft , 2026-02-25

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$19,176/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$799,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$19,176
Principal + Interest−$21,802
Property Tax (~2.1% TX avg)−$6,991
Insurance (~0.5%)−$1,665
Est. Monthly Cash Flow $-11,282

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Spicewood, TX

Spicewood sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on June 26, 2026.

📞 (254) 718-2567 [email protected] More about Luke →