Active Listing  ·  180 days on market

2208 Seabiscuit Cv #133

Spicewood, TX 78669
$2,250,000
5 Bed 5 Bath 3,413 sqft $659/sqft Built 2011 0.32 acres 2-Car Garage Pool Reserve at Lake Travis

VIEWS & LOCATION! FULLY FURNISHED! One of only 3 units overlooking the Lazy River pool/Swim Park with AMAZING views of Lake Travis. Watch your friends or children at the pool while you relax on the porch or one of the many balconies/decks at this meticulously maintained 5 bedroom/4.5 bath home! Open floor plan with kitchen, dining and ALL 2nd & 3rd floor bedrooms with Lake view. 1st Floor -

bedroom with bunk beds, full bathroom, TV/Family room with access to back patio w/built in grill and fenced in yard. 2nd Floor - kitchen open to living room with deck, laundry room, half bath, primary bedroom with private deck and primary bathroom. 3rd Floor - 3 large bedrooms, 2 full bathrooms and VIEWS! Just 45 minutes from Austin, The Reserve at Lake Travis is a peaceful waterfront resort located

on the south side of Lake Travis in Spicewood. Amenities (when fully up and running) include swim park with lazy river pool/hot tubs/kiddie water fountain & swim area/waterslide, swim up bar, tennis/pickle ball courts, fishing pond, water access, waterfront park with playground and boat slips (for rent/lease). Trails and nature abound. Perfect home to live in full time, use as a second home or purchase to enjoy but rent when not visiting - home is currently in short term rental pool via Vacasa. Appointments required.

At $659/sqft, this home is priced 29% above the Spicewood active market average of $509/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2208 Seabiscuit Cv #133, Spicewood, TX 78669

Property Details

Price $2,250,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths 1
Living Area 3,413 sqft
Lot Size 0.32 acres (13,873.86 sqft)
Year Built 2011
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Reserve at Lake Travis
County Travis
Zip Code 78669
$/sqft $659/sqft
Days on Market ,
HOA $460/Monthly
Annual Tax Est. $22,611.19
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT224098038
List Date March 27, 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.

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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
1400 Watercliffe Dr
Waterford On Lake Travis Sec. 3
$2,550,000 $636 4 bd / 4 ba 4,007 sqft , 2026-02-02
2217 Seabiscuit Cv #127
Alura Pointe Condo
$1,850,000 $558 4 bd / 4 ba 3,316 sqft , 2025-01-28
2217 Seabiscuit Cv #113
Reserve at Lake Travis
$1,850,000 $605 4 bd / 5 ba 3,058 sqft , 2026-02-17
1604 Watercliffe Dr
Waterford On Lake Travis Sec 3
$1,750,000 $581 4 bd / 5 ba 3,014 sqft , 2026-04-15

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
$10,800/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
$450,000
20% conventional investment loan

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

Estimated Gross Rent+$10,800
Principal + Interest−$12,279
Property Tax (~2.1% TX avg)−$3,938
Insurance (~0.5%)−$938
Est. Monthly Cash Flow $-6,355

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 March 28, 2026.

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