Active Listing  ·  77 days on market

3719 Bee Creek Rd

Spicewood, TX 78669
$1,750,000
6 Bed 5 Bath 3,794 sqft $461/sqft Built 1998 2.41 acres 3-Car Garage Pool Waterfront TRAVIS SETTLEMENT SEC 7

A true private sanctuary, this extraordinary gated estate sits on 2.41 acres with a gentle slope leading to more than 200 feet of Bee Creek frontage on Lake Travis. Surrounded by towering trees and the beauty of the Texas Hill Country, it offers exceptional privacy, tranquility, and timeless elegance.

Designed for both everyday living and effortless entertaining, the custom home features a luxurious primary suite and dedicated study (or optional 5th bedroom) on the main level, with 3 spacious secondary bedrooms and an expansive loft upstairs. Thoughtfully renovated with sophisticated contemporary finishes, soaring vaulted ceilings and dramatic walls of glass fill the home with natural light while seamlessly connecting the indoors to the surrounding landscape.

The outdoor living experience is exceptional. A three-level resort-style pool features a stunning rock grotto, cascading waterfalls, tanning shelf, and multiple water features, creating a setting that rivals a luxury resort. Multiple patios, covered entertaining spaces, and beautifully landscaped grounds provide endless opportunities to relax or entertain beneath mature oak trees. Enjoy peaceful mornings overlooking the water, afternoons by the pool, or evenings illuminated by the glow of the waterfalls. Beyond the pool, rolling acreage, abundant wildlife, and direct access to Bee Creek complete the experience. During higher lake levels, launch a kayak from your property and paddle to the open waters of Lake Travis.

Above the detached oversized 3-car garage, a spacious studio with a full bath offers endless flexibility as a guest suite, office, fitness studio, art space, or future apartment. A separate 14x30 workshop provides additional space for hobbies, storage, or equipment.

Additional features include an invisible dog fence and exclusive access to the Travis Settlement private boat ramp and wet-weather creek park, completing the unmatched lifestyle offered by this remarkable waterfront estate.

At $461/sqft, this home is 9% 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

3719 Bee Creek Rd, Spicewood, TX 78669

Property Details

Price $1,750,000
Status Active Listing
Beds 6
Full Baths 5
Half Baths ,
Living Area 3,794 sqft
Lot Size 2.41 acres (104,979.6 sqft)
Year Built 1998
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision TRAVIS SETTLEMENT SEC 7
County Travis
Zip Code 78669
$/sqft $461/sqft
Days on Market ,
HOA $150/Annually
Annual Tax Est. ,
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT239051719
List Date July 8, 2026
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.

Schedule a Call →

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
3831 Lakehurst Rd
Bee Creek Lakeside
$1,788,586 $360 5 bd / 6 ba 4,973 sqft , 2026-09-16
701 Echelon Pl
Rough Hollow
$1,575,000 $364 5 bd / 4 ba 4,330 sqft , 2026-04-27
20409 Cordill Ln
Travis Settlement
$1,299,000 $312 5 bd / 3 ba 4,168 sqft , 2026-06-04

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
$8,400/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
$350,000
20% conventional investment loan

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

Estimated Gross Rent+$8,400
Principal + Interest−$9,550
Property Tax (~2.1% TX avg)−$3,063
Insurance (~0.5%)−$729
Est. Monthly Cash Flow $-4,942

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 July 12, 2026.

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