Active Listing  ·  111 days on market

4909 Diamante Dr

Spicewood, TX 78669
$1,009,990
5 Bed 5 Bath 3,892 sqft $260/sqft Built 2026 1.05 acres 3-Car Garage Pool New Construction SOLA VISTA

The Denison is a spacious and sophisticated two-story home designed for those who value both grand entertaining and everyday comfort. With five bedrooms and thoughtfully curated finishes throughout, this plan delivers modern Hill Country elegance on a larger scale.

The main level welcomes you with a downstairs study, ideal for a private home office or library, and opens into an expansive living area anchored by a chef-inspired kitchen featuring a large island, premium appliances, and elegant finishes. A dedicated wine bar adds a touch of refinement, creating the perfect setting for entertaining or unwinding at the end of the day.

The primary suite is conveniently located on the main floor, offering privacy and relaxation with a spa-style bathroom that includes dual vanities, a soaking tub, an oversized walk-in shower, and two generous walk-in closets.

Upstairs, an expansive game room provides a flexible space for media, play, or gathering, surrounded by well-appointed secondary bedrooms that offer comfort and privacy for family and guests alike.

A three-car garage completes this thoughtfully designed home, providing ample space for vehicles and storage, all within a beautifully executed two-story layout ideal for luxury Hill Country living.

At $260/sqft, this home is 49% 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

4909 Diamante Dr, Spicewood, TX 78669

Property Details

Price $1,009,990
Status Active Listing
Beds 5
Full Baths 4
Half Baths 1
Living Area 3,892 sqft
Lot Size 1.05 acres (45,781.56 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision SOLA VISTA
County Travis
Zip Code 78669
$/sqft $260/sqft
Days on Market ,
HOA $201/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT232693347
List Date June 4, 2026
Elementary School West Cypress Hills
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
5000 Cypress Ranch Blvd
SOLA VISTA
$1,066,950 $274 5 bd / 5 ba 3,892 sqft , 2026-08-20
4917 Turquesa Dr
SOLA VISTA
$1,068,240 $348 4 bd / 5 ba 3,073 sqft , 2026-05-01
5129 Diamante Dr
Sola Vista Sec 2
$1,100,000 $287 4 bd / 4 ba 3,828 sqft , 2026-04-22
5016 Cypress Ranch Blvd
SOLA VISTA
$911,490 $325 4 bd / 4 ba 2,808 sqft , 2026-07-06
4932 Cypress Ranch Blvd
SOLA VISTA
$1,200,770 $246 4 bd / 4 ba 4,882 sqft , 2026-07-06

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
$4,848/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
$201,998
20% conventional investment loan

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

Estimated Gross Rent+$4,848
Principal + Interest−$5,512
Property Tax (~2.1% TX avg)−$1,767
Insurance (~0.5%)−$421
Est. Monthly Cash Flow $-2,852

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 June 5, 2026.

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