Active Listing  ·  596 days on market

21409 Vista Estates Dr

Spicewood, TX 78669
$1,700,000
6 Bed 5 Bath 3,963 sqft $429/sqft Built 2020 1.01 acres 3-Car Garage Pool Tres Vista

Multi-Generational - Custom Modern Farmhouse home in Vista Estates is nestled on a 1-acre lot with beautiful views. This property is ideal for an extended family. Downstairs, you have a two-bedroom mother-in-law suite with a full kitchen & Laundry with no steps to access from garage. You have a living and dining area, and a door you could lock from the main level. You have a large covered front porch with a side ramp for those large items, which is not ADA-compliant. This stunning home features a black metal roof, stone, stucco, Hardiplank siding, Hill Country views, luscious front landscaping, plenty of room for a pool, and much more. Bamboo wood floors throughout the main level. Tile in the bathrooms. Upstairs, on the main level, you have four bedrooms and three full baths, a spacious living room with soaring ceilings, an electric fireplace, custom doors with the back doors open, and a long tile floor balcony stretching the home's length. Your kitchen features sparkling Quartz counters, an island, a Thor chef gas stove (the only thing in the house on propane) with six burners, a griddle, two ovens, a pot filler tap, and hidden spice storage on each side of the stove cabinets. Matching Thor side-by-side refrigerator does convey and a butler's pantry with barn doors, a sink, and space for a freezer/fridge, including a gun closet that houses the professional-grade security camera system. It features a barn door entry into the bath, a custom-built dual sink vanity, a luxurious walk-in shower, and a large WIC. The owners have custom built-in's in all the closets to ensure maximum use of space. The patio stretches the length of the home and has three access doors directly to this space. Relax under your covered patio or soak up the views. In this coveted area of the Spicewood, you are in the Lake Travis School District—a Short drive to Lake Travis and the Hill Country Galleria. Fantastic location! Close to nearby roads, shopping, & restaurants.

At $429/sqft, this home is 16% 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

21409 Vista Estates Dr, Spicewood, TX 78669

Property Details

Price $1,700,000
Status Active Listing
Beds 6
Full Baths 4
Half Baths 1
Living Area 3,963 sqft
Lot Size 1.01 acres (43,995.6 sqft)
Year Built 2020
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Tres Vista
County Travis
Zip Code 78669
$/sqft $429/sqft
Days on Market ,
HOA $450/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT177181456
List Date February 4, 2025
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.

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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
20409 Cordill Ln
Travis Settlement
$1,299,000 $312 5 bd / 3 ba 4,168 sqft , 2026-06-04

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
$8,160/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
$340,000
20% conventional investment loan

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

Estimated Gross Rent+$8,160
Principal + Interest−$9,278
Property Tax (~2.1% TX avg)−$2,975
Insurance (~0.5%)−$708
Est. Monthly Cash Flow $-4,801

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 December 10, 2025.

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