Active Listing  ·  283 days on market

1837 Art Adams Way

Spicewood, TX 78669
$833,999
3 Bed 3 Bath 2,439 sqft $342/sqft Built 2021 0.20 acres 2.5-Car Garage Pool New Construction The Enclave at Barton Creek Lakeside

This stunning custom built home sits in the prestigious gated community of Barton Creek Lakeside at The Enclave. The builder Neiman-Foster went above and beyond in creating the perfect home with a chef's dream kitchen designed to be the focal point of the house, complete with Thermador Commercial SS Appliances. Custom cabinetry with automatic soft close, pull-out lower drawers, and a island/breakfast bar. Great-room style floorplan with open concept. Enjoy a gas log fireplace with large windows that allows plenty of natural lighting during the day. Three bedrooms with three full bathrooms. The primary bedroom that offers hardwood floors, customized closet. Primary bathroom boasts a walk-in two person shower and dual vanities with framed mirrors, with privacy pocket door. The Study has hardwood floors, with a large storage closet. The large laundry/utility room, sink, and granite countertops.

At $342/sqft, this home is 37% below the Spicewood active market average of $540/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1837 Art Adams Way, Spicewood, TX 78669

Property Details

Price $833,999
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 2,439 sqft
Lot Size 0.20 acres (8,712 sqft)
Year Built 2021
Garage 2.5 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision The Enclave at Barton Creek Lakeside
County Burnet
Zip Code 78669
$/sqft $342/sqft
Days on Market ,
HOA $550/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT217824411
List Date February 2, 2026
Elementary School Spicewood (Marble Falls ISD)
Middle School Marble Falls
High School Marble Falls
School District Marble Falls ISD

Marble Falls ISD

Spicewood (Marble Falls ISD) · Marble Falls · Marble Falls

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 · February 2, 2026 $838,999
Current ask $833,999
▼ Reduced $5,000 (-0.6%) 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
711 N Paleface Ranch Rd #5
Brahmans Draw
$809,890 $286 3 bd / 4 ba 2,830 sqft , 2026-09-23
711 N Paleface Ranch Rd #4
Brahmans Draw
$789,990 $297 3 bd / 4 ba 2,660 sqft , 2026-08-09
2401 Sailpoint Dr
Barton Creek Lakeside
$975,000 $310 3 bd / 4 ba 3,147 sqft , 2026-06-26
711 N Paleface Ranch #9 Rd #9
Brahmans Draw
$589,990 $251 4 bd / 4 ba 2,349 sqft , 2026-10-22

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
$4,003/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
$166,800
20% conventional investment loan

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

Estimated Gross Rent+$4,003
Principal + Interest−$4,551
Property Tax (assumed ~2.1%)−$1,459
Insurance (assumed ~0.5%)−$347
Est. Monthly Cash Flow $-2,354

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 · 41 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. The written content was last updated on August 2, 2026.

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

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