Active Listing  ·  138 days on market

1103 Larkhall Dr

Spicewood, TX 78669
$349,900
3 Bed 2 Bath 1,634 sqft $214/sqft Built 2006 0.29 acres 2-Car Garage Pool Briarcliff Inc Sec 14

Experience peaceful Hill Country lake living on a quiet cul-de-sac in the desirable Briarcliff community. This beautifully maintained home's exterior was recently painted, has been owned by one family, offers privacy, scenic surroundings, and is within the highly acclaimed Lake Travis Independent School District. Enjoy quiet mornings and relaxing evenings watching the deer, birds and other wildlife from your porch. Inside, the home features tile flooring, a stone fireplace, spacious living areas filled with natural light, a functional open-concept layout and roomy bedrooms. The kitchen boasts new appliances and flows seamlessly into the main living space, creating a warm and inviting atmosphere for gatherings and entertaining. It's located close enough to Austin to take advantage of the activities there but far enough to benefit from low tax rates. Briarcliff is a golf cart community offering nearby amenities such as Lake Travis's Briarcliff Marina (with open boat slips available), a dog park, hike and bike trails, or you can enjoy a meal at the Lighthouse restaurant or hit a few at Willie Nelson's cut and putt golf course. If you must leave, it's conveniently located to nearby restaurants and wineries, or enjoy a scenic short drive to Bee Cave or Marble Falls. It's only 20 minutes to the Hill Country Galleria Mall, HEB, Trader Joe's, and much more.

At $214/sqft, this home is 59% below the Spicewood active market average of $521/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1103 Larkhall Dr, Spicewood, TX 78669

Property Details

Price $349,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,634 sqft
Lot Size 0.29 acres (12,819.71 sqft)
Year Built 2006
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Briarcliff Inc Sec 14
County Travis
Zip Code 78669
$/sqft $214/sqft
Days on Market ,
HOA $325/Annually
Annual Tax Est. $7,207.35
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT230874666
List Date May 23, 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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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · May 23, 2026 $399,999
Previous ask $380,000
Current ask $349,900
▼ Reduced $50,099 (-12.5%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
21900 Moulin Dr
Briarcliff Inc Sec 14
$349,900 $225 2 bd / 2 ba 1,553 sqft , 2026-07-16
714 Newport Dr
Briarcliff Inc Sec 12
$435,000 $242 3 bd / 2 ba 1,797 sqft , 2026-06-26

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
$1,680/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
$69,980
20% conventional investment loan

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

Estimated Gross Rent+$1,680
Principal + Interest−$1,910
Property Tax (~2.1% TX avg)−$612
Insurance (~0.5%)−$146
Est. Monthly Cash Flow $-988

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 October 7, 2026.

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