Active Listing  ·  63 days on market

313 Kendall Dr

Spicewood, TX 78669
$523,000
3 Bed 2 Bath 2,350 sqft $223/sqft Built 1984 0.28 acres 3-Car Garage Pool Windermere Oaks

Charming Hill Country home overlooking Lake Travis. This home has the Lake house feel with lots of wood cedar finishes and built ins. Located just 22 miles to Austin Galleria, 15 miles to Marble Falls. Wonderful gated Lake community with three pools, two tennis/ pickleball courts, community Pavilion, community boat ramp, boat slips to own or rent. ...and the postcard beauty of the hill country.

At $223/sqft, this home is 59% below the Spicewood active market average of $540/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

313 Kendall Dr, Spicewood, TX 78669

Property Details

Price $523,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,350 sqft
Lot Size 0.28 acres (12,135.82 sqft)
Year Built 1984
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Windermere Oaks
County Burnet
Zip Code 78669
$/sqft $223/sqft
Days on Market ,
HOA $740/Annually
Annual Tax Est. $7,174.36
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246389156
List Date September 10, 2026
Elementary School Spicewood (Marble Falls ISD)
Middle School Marble Falls
High School Marble Falls
School District Marble Falls ISD

Marble Falls ISD

Spicewood (Marble Falls ISD) · Marble Falls · Marble Falls

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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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 · September 10, 2026 $525,000
Current ask $523,000
▼ Reduced $2,000 (-0.4%) 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
413 Bedford Dr
Windermere Oaks
$450,000 $233 3 bd / 2 ba 1,933 sqft , 2026-06-06
501 Coventry Rd
Windermere Oaks
$599,000 $391 2 bd / 2 ba 1,532 sqft , 2026-04-10
117 Keswick Dr
Windermere Oaks
$441,250 $178 3 bd / 3 ba 2,475 sqft , 2026-07-15
115 Hill Loop
Windermere Oaks
$649,000 $211 3 bd / 4 ba 3,069 sqft , 2026-03-15
400 Bedford Dr
Windermere Oaks
$695,000 $233 4 bd / 3 ba 2,988 sqft , 2026-09-30

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
$2,510/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
$104,600
20% conventional investment loan

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

Estimated Gross Rent+$2,510
Principal + Interest−$2,854
Property Tax (assumed ~2.1%)−$915
Insurance (assumed ~0.5%)−$218
Est. Monthly Cash Flow $-1,477

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 · 41 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. The written content was last updated on November 4, 2026.

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

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