Active Listing  ·  145 days on market

4917 Turquesa Dr

Spicewood, TX 78669
$1,068,240
4 Bed 5 Bath 3,073 sqft $348/sqft Built 2026 1.02 acres 3-Car Garage Pool New Construction SOLA VISTA

UNDER CONSTRUCTION - EST COMPLETION IN AUGUST

4917 Turquesa Drive is a thoughtfully designed single-story home that blends modern Hill Country style with everyday luxury. From the moment you enter, curated finishes and an open, inviting layout set the tone for refined yet comfortable living.

The heart of the home features a spacious family room that flows effortlessly into the dining area and chef-inspired kitchen, complete with a large island, premium appliances, and generous storage, ideal for both entertaining and daily life.

A versatile game/flex room adds exceptional functionality and is enhanced by a built-in beverage area, making it the perfect space for a media lounge, game nights, or casual gatherings. Whether hosting guests or enjoying family time, this space is designed to entertain with ease.

The primary suite is privately positioned at the back of the home and offers a relaxing retreat, highlighted by a spa-style bathroom with dual vanities, a soaking tub, an oversized walk-in shower, and a large walk-in closet. Three additional bedrooms are thoughtfully arranged to provide comfort and privacy, and all include an en-suite. A large utility room adds convenience and storage, supporting the home’s seamless day-to-day functionality.

Completing the design is a three-car garage, offering ample space for vehicles, storage, and outdoor gear, all within a beautifully crafted one-story layout designed for elevated Hill Country living.

At $348/sqft, this home is 32% 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

4917 Turquesa Dr, Spicewood, TX 78669

Property Details

Price $1,068,240
Status Active Listing
Beds 4
Full Baths 4
Half Baths 1
Living Area 3,073 sqft
Lot Size 1.02 acres (44,300.52 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision SOLA VISTA
County Travis
Zip Code 78669
$/sqft $348/sqft
Days on Market ,
HOA $201/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT228473160
List Date May 1, 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 →

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 · May 1, 2026 $1,058,340
Previous ask $1,065,780
Current ask $1,068,240
Increased $9,900 (+0.9%) 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
5000 Cypress Ranch Blvd
SOLA VISTA
$1,066,950 $274 5 bd / 5 ba 3,892 sqft , 2026-08-20
5129 Diamante Dr
Sola Vista Sec 2
$1,100,000 $287 4 bd / 4 ba 3,828 sqft , 2026-04-22
4909 Diamante Dr
SOLA VISTA
$1,009,990 $260 5 bd / 5 ba 3,892 sqft , 2026-06-04
5007 Evidence Cv
Travis Settlement Sec 04
$975,000 $281 4 bd / 4 ba 3,467 sqft , 2026-04-16
5016 Cypress Ranch Blvd
SOLA VISTA
$911,490 $325 4 bd / 4 ba 2,808 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
$5,128/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
$213,648
20% conventional investment loan

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

Estimated Gross Rent+$5,128
Principal + Interest−$5,830
Property Tax (~2.1% TX avg)−$1,869
Insurance (~0.5%)−$445
Est. Monthly Cash Flow $-3,016

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 August 6, 2026.

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