Active Listing  ·  84 days on market

21900 Moulin Dr

Spicewood, TX 78669
$349,900
2 Bed 2 Bath 1,553 sqft $225/sqft Built 2001 0.39 acres Pool Briarcliff Inc Sec 14

Welcome to your private Hill Country sanctuary at 21900 Moulin Drive in Spicewood, Texas. Perched on a unique 0.388-acre lot, this exceptional residence is designed to perfectly capture sweeping, long-range views and spectacular western sunsets. Whether you are searching for a full-time residence, a weekend escape, or a lock-and-leave getaway, this home offers the perfect blend of comfort, privacy, and scenic beauty. Best of all, you are just minutes from the Pedernales Golf Club, Lake Travis, Briarcliff Marina, and neighborhood hiking trails.

Inside, you are greeted by an expansive main living area that offers incredible flexibility, featuring ample room for an office nook and multiple distinct seating arrangements centered around a cozy wood-burning fireplace. The home’s character shines through the stunning reclaimed hardwood floors flowing through the main areas, and no carpet, the space feels clean and seamless. A fresh coat of bright paint creates an inviting, airy ambiance across the entire single-level layout.

The thoughtful floor plan features two independent primary suites, each boasting massive picture windows and direct door access to the outdoor patio. The primary bathroom tub and a secondary shower have both been beautifully remodeled to add a modern, polished touch. Nearby, the open kitchen serves as a bright culinary hub, equipped with sleek stainless steel appliances, premium quartz countertops, and a window framing peaceful views of nature.

The outdoor spaces are a true extension of the home. The back deck offers a front-row seat to those legendary Texas sunsets, leading down to a large, recently fenced backyard complete with a covered pergola, manicured landscaping, and mature trees. Complete with a practical carport providing covered parking and additional storage, this one-of-a-kind property is ready for its next chapter.

At $225/sqft, this home is 57% below the Spicewood active market average of $521/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

21900 Moulin Dr, Spicewood, TX 78669

Property Details

Price $349,900
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,553 sqft
Lot Size 0.39 acres (16,901.28 sqft)
Year Built 2001
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Briarcliff Inc Sec 14
County Travis
Zip Code 78669
$/sqft $225/sqft
Days on Market ,
HOA $215/Annually
Annual Tax Est. $6,437.43
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239957051
List Date July 16, 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 · July 16, 2026 $374,900
Current ask $349,900
▼ Reduced $25,000 (-6.7%) 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
1103 Larkhall Dr
Briarcliff Inc Sec 14
$349,900 $214 3 bd / 2 ba 1,634 sqft , 2026-05-23
714 Newport Dr
Briarcliff Inc Sec 12
$435,000 $242 3 bd / 2 ba 1,797 sqft , 2026-06-26

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
$1,680/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
$69,980
20% conventional investment loan

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

Estimated Gross Rent+$1,680
Principal + Interest−$1,910
Property Tax (~2.1% TX avg)−$612
Insurance (~0.5%)−$146
Est. Monthly Cash Flow $-988

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

More Luxury Homes in Spicewood

Loading…
View All Luxury Homes →
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 October 5, 2026.

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