Active Listing  ·  111 days on market

20409 Cordill Ln

Spicewood, TX 78669
$1,299,000
5 Bed 3 Bath 4,168 sqft $312/sqft Built 2006 2.01 acres 3-Car Garage Pool Travis Settlement

Savvy buyers know Travis Settlement represents the very best of close-in Spicewood, offering acreage lots, dark skies, privacy, and Lake Travis ISD, paired with the shops and restaurants of Bee Caves and Lakeway just minutes away. Residents enjoy a community boat ramp, creekside park, very low HOA, and a great tax rate.

This custom-built Hill Country home delivers on every level. Set on a sprawling two-acre lot, the 4,167 sq ft layout is flexible, beautiful, and meticulously maintained.

From the moment you arrive, the setting makes an impression. Relax on the front porch or upper balcony and soak in sweeping Hill Country and Lake Travis views, then unwind on the rear patio with serene vistas as your backdrop. Inside, soaring ceilings and abundant natural light greet you in the entry family room. Open, bright living areas flow seamlessly into a spacious gourmet kitchen — the heart of many holiday gatherings. Island bar seating, a generous breakfast area, and a formal dining room offer ample entertaining options.

The floorplan's flexibility is a standout. The main floor hosts a private primary suite plus a guest bedroom and bath, which is ideal for multigenerational living. Upstairs, a second living area opens to the balcony, two secondary bedrooms, and a large bonus room currently used as an office/studio/additional guest retreat. Up to five bedrooms in all. Note: photos of bonus/5th bedroom are not shown on MLS.

Outside, the flat backyard is a blank canvas — pool, sport court, gardens, or room to play. Three-car side-entry garage completes the picture.

Just half a mile away, Frontyard Brewing and 5 Soul Wine Co. share a five-acre destination with craft beer, premium wines, a playground, six pickleball courts, fire pits, and live music. Terrific neighborhood living, practically at your doorstep.

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

20409 Cordill Ln, Spicewood, TX 78669

Property Details

Price $1,299,000
Status Active Listing
Beds 5
Full Baths 3
Half Baths ,
Living Area 4,168 sqft
Lot Size 2.01 acres (87,555.6 sqft)
Year Built 2006
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Travis Settlement
County Travis
Zip Code 78669
$/sqft $312/sqft
Days on Market ,
HOA $260/Annually
Annual Tax Est. $20,340
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229772563
List Date June 4, 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.

Schedule a Call →

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 · June 4, 2026 $1,399,000
Previous ask $1,349,000
Current ask $1,299,000
Reduced $100,000 (-7.1%) 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
3405 Bee Creek Rd
Travis Settlement Sec 07
$1,099,000 $229 5 bd / 5 ba 4,800 sqft , 2026-02-19
5007 Evidence Cv
Travis Settlement Sec 04
$975,000 $281 4 bd / 4 ba 3,467 sqft , 2026-04-16
4401 Whirlwind Cv
Travis Settlement Sec 05
$1,699,000 $394 4 bd / 5 ba 4,315 sqft , 2026-09-10
21409 Vista Estates Dr
Tres Vista
$1,700,000 $429 6 bd / 5 ba 3,963 sqft , 2025-02-04
4921 Creek Meadow Cv
Travis Settlement Sec 03
$895,000 $253 4 bd / 4 ba 3,542 sqft , 2026-04-06

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
$6,235/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
$259,800
20% conventional investment loan

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

Estimated Gross Rent+$6,235
Principal + Interest−$7,089
Property Tax (~2.1% TX avg)−$2,273
Insurance (~0.5%)−$541
Est. Monthly Cash Flow $-3,668

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 20, 2026.

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