Active Listing  ·  4 days on market

2702 Lakehurst Rd

Spicewood, TX 78669
$1,275,000
4 Bed 4 Bath 4,132 sqft $309/sqft Built 2008 1.54 acres 3-Car Garage Pool Lakehurst Resub

A $300,000 renovation, two lots, and Lake Travis filling the windows: this 4-bedroom, 3.5-bath estate above the Bee Creek arm is the whole package. It sits on approximately 1.5 acres, and the lot directly behind the home conveys with the sale, so the privacy stays yours.

A brick and limestone facade and a two-story arched entry set a formal tone, then the house opens up. Soaring ceilings and triple arched transom windows frame Lake Travis, the Austin skyline and miles of rolling hills, and the view shows up in nearly every room.

The renovation transformed the kitchen and primary bath, with fresh paint, new lighting and wide-plank flooring throughout. The kitchen pairs black lower cabinetry with crisp white uppers, quartz counters, gold hardware, a black statement vent hood and a sink window aimed straight at the lake.

The main-level primary suite has tray ceilings, crown molding and a sitting area that faces the sunset. Its bath was rebuilt from the studs: black cabinetry, a freestanding soaking tub, a frameless glass shower, charcoal herringbone tile against marble-look floors and lighting chosen to match.

Five distinct living areas give the floor plan real flexibility for two home offices, extended family, guests or simply spreading out. An upstairs retreat with its own kitchenette can serve as a game room, a guest suite or a second living room.

Outside is where this property earns its reputation. A multi-level sandstone terrace surrounds the infinity-edge pool and spa, terraced limestone walls add structure and privacy, and a fire pit, covered patio and upper and lower gathering areas all face the same wide-open view. Evenings end in the spa with the sun going down over the water.

A three-car garage, private well and septic, low tax rate and Lake Travis ISD round it out in the Vistas at Lake Travis. Renovated, private and hard to duplicate on the lake at this price, with two lots for the price of one.

At $309/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

2702 Lakehurst Rd, Spicewood, TX 78669

Property Details

Price $1,275,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 4,132 sqft
Lot Size 1.54 acres (67,256.64 sqft)
Year Built 2008
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lakehurst Resub
County Travis
Zip Code 78669
$/sqft $309/sqft
Days on Market ,
HOA $95/Monthly
Annual Tax Est. $14,631.34
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247147820
List Date September 19, 2026
Elementary School Rough Hollow
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
2312 Lakehurst Rd
Lakehurst Resub
$1,298,450 $294 4 bd / 4 ba 4,415 sqft , 2026-02-14
2414 Sunset Vista Cir #32
Summit/Lk Travis Residential C
$1,249,000 $326 4 bd / 4 ba 3,836 sqft , 2026-04-16
4155 Bee Creek Rd
Bee Creek Lakeside
$1,430,969 $344 4 bd / 4 ba 4,160 sqft , 2026-09-15
3405 Bee Creek Rd
Travis Settlement Sec 07
$1,099,000 $229 5 bd / 5 ba 4,800 sqft , 2026-02-19
2400 Sunset Vista Cir #39
The Summit At Lake Travis
$999,900 $261 4 bd / 4 ba 3,837 sqft , 2026-08-15

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
$6,120/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
$255,000
20% conventional investment loan

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

Estimated Gross Rent+$6,120
Principal + Interest−$6,958
Property Tax (~2.1% TX avg)−$2,231
Insurance (~0.5%)−$531
Est. Monthly Cash Flow $-3,600

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 23, 2026.

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