Active Listing  ·  1 day on market

19813 Angel Bay Dr

Spicewood, TX 78669
$14,999,000
7 Bed 9 Bath 10,468 sqft $1,433/sqft Built 2015 2.46 acres 4-Car Garage Pool Waterfront The Coves at Lake Travis

This Texas Farm-house transcends all expectations, embodying unparalleled quality and meticulous attention to detail. With over 10,000 square feet of living space, this magnificent estate effortlessly combines grandeur with comfort, inviting you to embark on a romantic love affair with each and every room. Perched above Lake Travis, this Texas-inspired Chateau offers breathtaking views and easy access to a boat dock sturdy as a ship designed to minimize sway and maximize comfort. This waterfront oasis promises a lifestyle of tranquility and sophistication. A sanctuary where comfort meets luxury, inviting you to create unforgettable memories in a setting that feels like a true love affair.

From the moment you step inside, you are enveloped in a sense of warmth and luxury that beckons you to explore further. The reclaimed beams that adorn the ceilings symbolize a rich history that add a touch of rustic elegance to the home.

Whether you are hosting lavish gatherings or seeking a quiet retreat, each room offers a unique experience that captivates the senses and stirs the soul. The seamless blend of opulence and coziness ensures that every moment spent within these walls is filled with a sense of enchantment and delight every element is crafted to deliberate perfection, ensuring a living experience that is truly exceptional.

At $1,433/sqft, this home is priced 188% above the Spicewood active market average of $497/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

19813 Angel Bay Dr, Spicewood, TX 78669

Property Details

Price $14,999,000
Status Active Listing
Beds 7
Full Baths 7
Half Baths 2
Living Area 10,468 sqft
Lot Size 2.46 acres (107,157.6 sqft)
Year Built 2015
Garage 4 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision The Coves at Lake Travis
County Travis
Zip Code 78669
$/sqft $1,433/sqft
Days on Market ,
HOA $1,350/Semi-Annually
Annual Tax Est. ,
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT228931782
List Date August 23, 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.

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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
$71,995/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
$2,999,800
20% conventional investment loan

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

Estimated Gross Rent+$71,995
Principal + Interest−$81,856
Property Tax (~2.1% TX avg)−$26,248
Insurance (~0.5%)−$6,250
Est. Monthly Cash Flow $-42,359

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 23, 2026.

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