Active Listing  ·  603 days on market

2217 Seabiscuit Cv #127

Spicewood, TX 78669
$1,850,000
4 Bed 4 Bath 3,316 sqft $558/sqft Built 2011 0.43 acres 2-Car Garage Pool Waterfront Alura Pointe Condo

THE LAKE IS UP!! 91% FULL!! Enjoy waterfront living on the desirable south shore of Lake Travis! This beautiful villa is in the resort community of The Reserve at Lake Travis. The villa boasts 4 bedrooms, 2 living areas, an open-concept kitchen/dining/living area with fireplace and a spacious balcony overlooking Lake Travis and the area marina. An entry-level covered patio with summer kitchen offers plenty of room to gather with family and friends. A storage closet has room for a full-size refrigerator and plenty of room for pool and lake toys. This property is also eligible to use as a short-term rental property. Landscaping maintained by HOA. Neighborhood amenities include main channel marina on Lake Travis (boat slips available for a fee), Swim park + Lazy River, pickleball courts, the Barn (indoor activity center), Fishing pond, and outdoor pavilion. Located in Lake Travis ISD.

At $558/sqft, this home is priced 10% 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

2217 Seabiscuit Cv #127, Spicewood, TX 78669

Property Details

Price $1,850,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,316 sqft
Lot Size 0.43 acres (18,861.48 sqft)
Year Built 2011
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Alura Pointe Condo
County Travis
Zip Code 78669
$/sqft $558/sqft
Days on Market ,
HOA $795/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT175794783
List Date January 28, 2025
Elementary School Bee Cave
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
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
2208 Seabiscuit Cv #133
Reserve at Lake Travis
$2,250,000 $659 5 bd / 5 ba 3,413 sqft , 2026-03-27
19601 Flying J Blvd #15
Reserve AT Lake Travis
$1,319,000 $514 4 bd / 3 ba 2,564 sqft , 2024-09-25
2217 Seabiscuit Cv #103
Alura Pointe Condo
$1,250,000 $377 4 bd / 5 ba 3,316 sqft , 2026-02-09

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
$8,880/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
$370,000
20% conventional investment loan

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

Estimated Gross Rent+$8,880
Principal + Interest−$10,096
Property Tax (~2.1% TX avg)−$3,238
Insurance (~0.5%)−$771
Est. Monthly Cash Flow $-5,225

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 24, 2025.

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