Active Listing  ·  7 days on market

3831 Lakehurst Rd

Spicewood, TX 78669
$1,788,586
5 Bed 6 Bath 4,973 sqft $360/sqft Built 2027 6.01 acres 3-Car Garage Pool Waterfront Bee Creek Lakeside

This exceptional five-bedroom home offers a rare opportunity to enjoy 6+ acres in Bee Creek, one of the Hill Country’s most sought-after communities. Situated within Bee Creek Lakeside, an exclusive collection of only seven premier estate lots all over 6 acres, these properties offer a distinguished opportunity to build in one of Lake Travis's most sought-after corridors. Each lot delivers native trees, level pad sites prepared for custom construction, sweeping Hill Country views, and over 200 feet of frontage along Bee Creek Road or Lakehurst Road. With large acreage increasingly difficult to find in the area, this property combines privacy, space, and thoughtful design in a truly special setting.

The expansive open-concept main level is designed for both everyday living and entertaining, with a spacious kitchen featuring a large island, walk-in pantry, coffee bar, and wine room. The living and dining areas flow seamlessly to the covered outdoor spaces, creating an ideal setting for enjoying the surrounding Hill Country.The home features two master suites, three additional bedrooms, a dedicated office, large upstairs loft, and private theater room. There are multiple additional spaces that offer plenty of flexibility and can be completely customized to fit the homeowner’s lifestyle—whether that means creating a home gym, game room, additional office space, guest accommodations, or something entirely unique. With its expansive acreage, sought-after Bee Creek location, and highly customizable design, this home offers a rare combination of luxury, privacy, and Hill Country living. Positioned steps from Rough Hollow Elementary, this exceptional location is close to golf, shopping, and dining. Situated within Travis County jurisdiction, the property requires no city building permits, and the deed restrictions are flexible by design. Plat approval is expected soon, allowing you to contract today with no closing required until finalized later in the year.

At $360/sqft, this home is 29% 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

3831 Lakehurst Rd, Spicewood, TX 78669

Property Details

Price $1,788,586
Status Active Listing
Beds 5
Full Baths 5
Half Baths 1
Living Area 4,973 sqft
Lot Size 6.01 acres (261,621.36 sqft)
Year Built 2027
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Bee Creek Lakeside
County Travis
Zip Code 78669
$/sqft $360/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT246981783
List Date September 16, 2026
Elementary School Rough Hollow
Middle School Bee Cave Middle School
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
3719 Bee Creek Rd
TRAVIS SETTLEMENT SEC 7
$1,750,000 $461 6 bd / 5 ba 3,794 sqft , 2026-07-08
4401 Whirlwind Cv
Travis Settlement Sec 05
$1,699,000 $394 4 bd / 5 ba 4,315 sqft , 2026-09-10
701 Echelon Pl
Rough Hollow
$1,575,000 $364 5 bd / 4 ba 4,330 sqft , 2026-04-27
4155 Bee Creek Rd
Bee Creek Lakeside
$1,430,969 $344 4 bd / 4 ba 4,160 sqft , 2026-09-15
2312 Lakehurst Rd
Lakehurst Resub
$1,298,450 $294 4 bd / 4 ba 4,415 sqft , 2026-02-14

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
$8,585/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
$357,717
20% conventional investment loan

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

Estimated Gross Rent+$8,585
Principal + Interest−$9,761
Property Tax (~2.1% TX avg)−$3,130
Insurance (~0.5%)−$745
Est. Monthly Cash Flow $-5,051

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 17, 2026.

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