About This Home

Beautiful Briarcliff property situated on approximately 0.77 acres across two lots with Hill Country and Lake Travis views. The home offers multiple living areas, a spacious kitchen, stone exterior accents, a metal roof, and plenty of outdoor space. A detached garage includes an additional finished bonus room, providing flexible space for an office, studio, hobby room, or guest use. Large driveway and parking area provide room for multiple vehicles. Located in Lake Travis ISD and close to the lake and Briarcliff community amenities. A unique property offering space, views, and versatility.

At $336/sqft, this home is 36% below the Spicewood active market average of $521/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

403 Sinclair Dr, Spicewood, TX 78669

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Property Details

Price $849,999

Status Active Listing

Beds 3

Full Baths 4

Half Baths ,

Living Area 2,527 sqft

Lot Size 0.77 acres (33,393.1 sqft)

Year Built 1989

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Briarcliff Inc Sec 15

County Travis

Zip Code 78669

$/sqft $336/sqft

Days on Market ,

HOA $750/Annually

Annual Tax Est. $8,725.23

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT244546578

List Date August 24, 2026

Elementary School West Cypress Hills

Middle School Lake Travis

High School Lake Travis

School District ,

Have Questions About This Property?

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

22514 Felicia Dr
Perrys White Cliff $850,000 $337 3 bd / 3 ba 2,520 sqft , 2026-05-21

22411 Briarview Dr
Briarcliff Inc Sec 09 Amd $750,000 $300 4 bd / 3 ba 2,500 sqft , 2026-02-04

501 Alva Dr
Briarcliff $750,000 $252 3 bd / 3 ba 2,978 sqft , 2026-09-28

21911 Moffat Dr
Briarcliff Inc Sec 08 $740,000 $297 3 bd / 2 ba 2,493 sqft , 2026-07-24

22401 Briarview Dr
Briarcliff Inc Sec 09 Amd $699,900 $261 3 bd / 3 ba 2,681 sqft , 2026-03-12

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

$4,080/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

$170,000

20% conventional investment loan

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

Estimated Gross Rent+$4,080

Principal + Interest−$4,639

Property Tax (~2.1% TX avg)−$1,487

Insurance (~0.5%)−$354

Est. Monthly Cash Flow $-2,400

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

About the Author

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 August 26, 2026.

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

403 Sinclair Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Spicewood, TX

More Luxury Homes in Spicewood

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