Active Listing  ·  81 days on market

19618 Summit Glory Trl #5

Spicewood, TX 78669
$699,999
4 Bed 3 Bath 2,480 sqft $282/sqft Built 2016 0.44 acres 3-Car Garage Pool Summit at Lake Travis

Ask about the rate buy down program on this home - Welcome home to this stunning hill country retreat in the sought-after Summit at Lake Travis neighborhood, just minutes from Lake Travis and Austin. This exceptional property blends modern luxury with the natural beauty of the Texas Hill Country. Step inside to an open, light-filled floor plan featuring four bedrooms, three full bathrooms, and generous living spaces designed for both everyday comfort and entertaining. The kitchen is complete with high-end appliances, custom cabinetry, and a large center island. The living area impresses with soaring ceilings and sweeping hill country views that set the tone for the entire home. Retreat to the primary suite, a true private oasis featuring a spa-like bath, expansive walk-in closet. Outdoors, the patio offers the perfect spot to soak in panoramic hill country scenery morning, noon, and night. A three-car garage and ample guest parking round out this exceptional offering. Zoned to top-rated Lake Travis ISD and just minutes from Lake Travis, shopping, and dining, this home also comes with the added benefit of a low effective tax rate near 1.6%—well below some of the surrounding neighborhoods. Tranquility, top schools, and modern convenience all come together in this one-of-a-kind Hill Country home. A must see!

At $282/sqft, this home is 45% 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

19618 Summit Glory Trl #5, Spicewood, TX 78669

Property Details

Price $699,999
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,480 sqft
Lot Size 0.44 acres (19,040.08 sqft)
Year Built 2016
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Summit at Lake Travis
County Travis
Zip Code 78669
$/sqft $282/sqft
Days on Market ,
HOA $145/Monthly
Annual Tax Est. $11,487.04
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238703749
List Date July 4, 2026
Elementary School Rough Hollow
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
510 Elworth Path
Lakeway Highlands (Rough Hollow)
$779,900 $238 4 bd / 3 ba 3,277 sqft , 2026-04-22
3016 Tradewind Dr
Crosswind
$800,000 $387 3 bd / 2 ba 2,065 sqft , 2026-04-06
106 Cartwheel Bnd #55
Vineyard at Rough Hollow
$560,000 $284 4 bd / 3 ba 1,975 sqft , 2026-04-04
505 Wester Ross Ln
Lakeway Highlands Ph 01 Sec 02
$865,000 $272 4 bd / 4 ba 3,182 sqft , 2026-07-08
3610 Crosswind Dr
Crosswind
$915,000 $343 4 bd / 3 ba 2,665 sqft , 2026-09-02

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
$3,360/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
$140,000
20% conventional investment loan

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

Estimated Gross Rent+$3,360
Principal + Interest−$3,820
Property Tax (~2.1% TX avg)−$1,225
Insurance (~0.5%)−$292
Est. Monthly Cash Flow $-1,977

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 September 14, 2026.

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