About This Home

NEW CONSTRUCTION BY PULTE HOMES! Available now! The Dayton is an open home design featuring an open kitchen overlooking the dining area and light filled living room. This home features upgrades such as quartz countertops, pendant lighting, bay windows at owners suite, and a large spa shower.

At $298/sqft, this home is 41% 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

7005 Cliff Rose Dr, Spicewood, TX 78669

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Property Details

Price $499,531

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,674 sqft

Lot Size 0.15 acres (6,499.15 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision West Cypress Hills

County Travis

Zip Code 78669

$/sqft $298/sqft

Days on Market ,

HOA $201/Quarterly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT216180163

List Date January 12, 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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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 · January 12, 2026 $549,900

Previous ask $509,900

Current ask $499,531

▼ Reduced $50,369 (-9.2%) 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

6916 Cliff Rose Dr
West Cypress Hills $592,900 $274 4 bd / 3 ba 2,163 sqft , 2026-05-14

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

$2,398/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

$99,906

20% conventional investment loan

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

Estimated Gross Rent+$2,398

Principal + Interest−$2,726

Property Tax (~2.1% TX avg)−$874

Insurance (~0.5%)−$208

Est. Monthly Cash Flow $-1,410

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 24, 2026.

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

7005 Cliff Rose Dr