Active Listing  ·  21 days on market

1881-A County Road 414 None

Spicewood, TX 78669
$799,000
4 Bed 3 Bath 2,491 sqft $321/sqft Built 2000 0.75 acres 2-Car Garage Pool Muleshoe Bend

Welcome to this immaculate, craftsman-built, single story home located on a fully high-fenced property that greets you with a stunning 7ft tall stone clad gated entry leading to your primary residence on a meticulously landscaped .754 acre lot with over 50 mature oak trees. This move-in ready gem offers 4 bedrooms, 2.5 bathrooms, with the 4th bedroom offering flexible use as a home office and a stunning gourmet kitchen with custom touches, perfect for entertaining. The living room boasts beautiful beamed ceilings, a striking stone-clad wall, and a cozy fireplace. The spacious primary suite includes two walk in closets, a garden tub, and separate shower. Step outside to the covered back porch overlooking an expansive landscaped yard, ideal for relaxation. Additional features include a separate carport, insulated workshop, and tasteful finishes throughout. For outdoor enthusiasts this property offers multiple options within 2-3 miles: private marinas to both store and launch your boat, 654 acres of parkland with 9 miles of mountain bike trails at Muleshoe Bend Recreational Park on Lake Travis, 3 highly acclaimed professional golf courses, weekly Farmer’s markets, natural springs, and a private airport with hangers on-site. This property offers the best of Hill Country living with peace and quiet, yet are conveniently located for easy access to Marble Falls, Bee Caves, and Austin. Don’t miss this unique opportunity to own a piece of paradise in Spicewood, TX!

At $321/sqft, this home is 41% 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

1881-A County Road 414 None, Spicewood, TX 78669

Property Details

Price $799,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,491 sqft
Lot Size 0.75 acres (32,844.24 sqft)
Year Built 2000
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Muleshoe Bend
County Burnet
Zip Code 78669
$/sqft $321/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249921137
List Date October 22, 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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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
515 Wesley Ridge Dr
The Point At Ridge Harbor
$839,999 $253 4 bd / 4 ba 3,321 sqft , 2025-06-27
400 Bedford Dr
Windermere Oaks
$695,000 $233 4 bd / 3 ba 2,988 sqft , 2026-09-30
414 Wesley Ridge Dr
The Point At Ridge Harbor
$685,000 $257 4 bd / 3 ba 2,669 sqft , 2026-05-23
333 Wesley Rdg
Point At Ridge Harbor
$675,000 $246 3 bd / 4 ba 2,748 sqft , 2026-08-10
339 Quail Run Ct
Ridge Harbor
$575,000 $259 4 bd / 3 ba 2,221 sqft , 2024-04-25

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
$3,835/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
$159,800
20% conventional investment loan

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

Estimated Gross Rent+$3,835
Principal + Interest−$4,360
Property Tax (assumed ~2.1%)−$1,398
Insurance (assumed ~0.5%)−$333
Est. Monthly Cash Flow $-2,256

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 October 24, 2026.

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

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