Active Listing  ·  79 days on market

5016 Cypress Ranch Blvd

Spicewood, TX 78669
$911,490
4 Bed 4 Bath 2,808 sqft $325/sqft Built 2026 1.05 acres 3-Car Garage Pool New Construction SOLA VISTA

Estimated completion December!

The Azle is a sophisticated single-story home that embodies modern Hill Country elegance with thoughtfully curated finishes throughout. Designed for both relaxed living and refined entertaining, this plan offers a seamless blend of style and functionality.

The open-concept living area is centered around a chef-inspired kitchen featuring a spacious island, premium appliances, and abundant storage. Just off the main living space, a dedicated wine bar creates an inviting focal point, perfect for entertaining guests or enjoying a quiet evening at home.

The primary suite is privately positioned at the back of the home for tranquility, offering a true retreat complete with a spa-style bathroom featuring dual vanities, a soaking tub, an oversized walk-in shower, and two generous walk-in closets.

The three additional bedrooms each include walk-in closets and one with an en-suite, providing exceptional comfort and privacy for family or visitors. A conveniently located powder bath enhances the home’s entertainment appeal.

A three-car garage completes this elegant one-story design, offering ample space for storage and everyday convenience, all set within a home designed for elevated Hill Country living.

At $325/sqft, this home is 36% 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

5016 Cypress Ranch Blvd, Spicewood, TX 78669

Property Details

Price $911,490
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,808 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 $325/sqft
Days on Market ,
HOA $201/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT238841705
List Date July 6, 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
5007 Evidence Cv
Travis Settlement Sec 04
$975,000 $281 4 bd / 4 ba 3,467 sqft , 2026-04-16
4917 Turquesa Dr
SOLA VISTA
$1,068,240 $348 4 bd / 5 ba 3,073 sqft , 2026-05-01
22706 Rocking A Trl
Pedernales Canyon Ranch
$699,000 $311 4 bd / 3 ba 2,247 sqft , 2026-08-04
22121 Rose Grass Ln
West Cypress Hills Ph 1 Sec 1
$599,000 $190 4 bd / 4 ba 3,158 sqft , 2026-04-17
6605 Apache Plum Ln
West Cypress Hills
$599,000 $218 4 bd / 3 ba 2,747 sqft , 2026-09-18

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
$4,375/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
$182,298
20% conventional investment loan

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

Estimated Gross Rent+$4,375
Principal + Interest−$4,974
Property Tax (~2.1% TX avg)−$1,595
Insurance (~0.5%)−$380
Est. Monthly Cash Flow $-2,574

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 7, 2026.

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