Active Listing  ·  1 day on market

2035 County Road 410 None

Spicewood, TX 78669
$12,000,000
3 Bed 4 Bath 4,037 sqft $2,973/sqft Built 2022 50.00 acres 4-Car Garage Pool Waterfront Spicewood

Experience the pinnacle of Texas Hill Country luxury at Villa Point Lago—a breathtaking 50+/- acre Santa Barbara-style estate set directly on the pristine, deep-water shoreline of Lake Travis's main body, less than an hour West of Austin. Designed to seamlessly blend high-end architecture with raw natural beauty, this recently constructed residence frames panoramic views of the rolling hills and the Colorado River. Natural light fills the expansive open-concept living spaces through floor-to-ceiling glass, accentuating the refined finishes and artisan details throughout. The chef's kitchen features top-tier appliances, custom millwork, and a massive central island designed for effortless entertaining. Step outside onto the sprawling covered patio to take in the unmatched waterfront vistas or head down to the shoreline to enjoy your own private lake access. The property currently serves as the perfect Gentleman's Ranch and private lake house rolled into one but can also be subdivided into 3 additional 10+ acre home sites with underground utilities already in place giving a new owner several options for future development.

Additional Information:

Swim spa

Outdoor fireplace plus an additional conversation fire pit area

Dedicated office that can be converted to a guest casita.

Generac generator for backup power and peace of mind.

Rainwater storage tank for irrigation

Fenced homestead for pet and child safety

Whole home water shutoff for leak protection while traveling

Multiple car garage with storage and plenty of space for all the "toys"

Two automatic sliding gates for security w/ custom limestone block fencing provide understated elegance and privacy

Approximately 2,300+/- linear feet of water frontage along the Colorado River, creating one of Lake Travis' most secluded and dramatic peninsulas

At $2,973/sqft, this home is priced 471% above the Spicewood active market average of $521/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2035 County Road 410 None, Spicewood, TX 78669

Property Details

Price $12,000,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 4,037 sqft
Lot Size 50.00 acres (2,178,000 sqft)
Year Built 2022
Garage 4 spaces
Stories ,
Type Farm · Single Family Residence
Subdivision Spicewood
County Burnet
Zip Code 78669
$/sqft $2,973/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $16,095.35
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT249150658
List Date October 7, 2026
Elementary School Spicewood (Marble Falls ISD)
Middle School Marble Falls
High School Marble Falls
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 →

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
$57,600/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
$2,400,000
20% conventional investment loan

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

Estimated Gross Rent+$57,600
Principal + Interest−$65,489
Property Tax (~2.1% TX avg)−$21,000
Insurance (~0.5%)−$5,000
Est. Monthly Cash Flow $-33,889

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

More Luxury Homes in Spicewood

Loading…
View All Luxury Homes →
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 October 8, 2026.

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