About This Home

SHORT TERM RENTALS ALLOWED & BOAT SLIP INCLUDED!!........ Welcome to The Whitecliff Waterfront Condo, your ideal vacation retreat! This tastefully furnished 1,279 sq ft unit offers spectacular views of Lake Travis, ensuring breathtaking scenery from the comfort of your home. Enjoy access to a refreshing pool, relaxing Jacuzzi, and a spacious lakefront deck. This unit boasts a fully equipped kitchen with dinnerware, cookware, and coffee makers, plus linens and bath towels for your convenience. You'll have one assigned covered parking space, with additional guest parking, and an assigned boat slip for vessels up to 26 feet, with PWC parking shoreside. Boat launching is conveniently available at Briarcliff Marina or Pace Bend Park.

At $312/sqft, this home is 39% below the Spicewood active market average of $509/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1601 Judy Lynn Dr #207, Spicewood, TX 78669

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Property Details

Price $399,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,279 sqft

Lot Size 0.06 acres (2,657.16 sqft)

Year Built 1986

Garage ,

Stories ,

Type Residential · Condominium

Subdivision Whitecliff Condominia Ph 01 Amd

County Travis

Zip Code 78669

$/sqft $312/sqft

Days on Market ,

HOA $574/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront Yes

New Construction ,

MLS # ACT202992864

List Date July 25, 2025

Elementary School Bee Cave

Middle School Lake Travis

High School Lake Travis

School District ,

Have Questions About This Property?

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 · July 25, 2025 $499,990

Previous ask $420,000

Current ask $399,000

▼ Reduced $100,990 (-20.2%) 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

21709 Osage Ln
Highland Lake Estates Sec 33 $355,000 $228 3 bd / 2 ba 1,556 sqft , 2025-12-30

21804 Crystal Way
Highland Lake Estates Sec 34 $345,000 $222 3 bd / 2 ba 1,554 sqft , 2026-07-14

21709 Crystal Way
Highland Lake Estates Sec 34 $300,000 $193 3 bd / 2 ba 1,554 sqft , 2026-07-03

21711 Crystal Way
Highland Lake Estates Sec 34 $299,900 $193 3 bd / 2 ba 1,554 sqft , 2026-08-13

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

$1,915/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

$79,800

20% conventional investment loan

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

Estimated Gross Rent+$1,915

Principal + Interest−$2,178

Property Tax (~2.1% TX avg)−$698

Insurance (~0.5%)−$166

Est. Monthly Cash Flow $-1,127

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

About the Author

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 September 2, 2026.

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

1601 Judy Lynn Dr #207