Active Listing  ·  1 day on market

601 Echo Dr

Spicewood, TX 78669
$585,000
3 Bed 2 Bath 1,953 sqft $300/sqft Built 2001 1.66 acres 2-Car Garage Pool Lakeside Beach

Spicewood is buzzing with renewed energy as Lake Travis is full again, bringing back the boating, fishing, swimming, and lake-day lifestyle that makes this area so sought-after. Lakeside Beach offers gated privacy and exceptional amenities, including a homeowners’ park with direct lake access, a boat ramp, fishing pier, swim pier, picnic areas, and a community pool with clubhouse—everything buyers want in a true lake community. Major growth is also underway nearby with Lake Travis ISD’s new 150-acre high school campus approved and progressing, planned to serve 1,500 students and feature a performing arts center, media center, outdoor courtyard and commons, competition gym, auditorium, practice fields, and a full competition stadium. With strong amenities today and significant infrastructure improvements ahead, the area continues to rise in demand and long-term value. Tucked into the back of this quiet gated community, 601 Echo sits on 1.65 acres of pure tranquility. Towering trees surround the home, and it backs to a pristine 165-acre privately owned ranch—providing unmatched privacy and the soothing sounds of nature. Enjoy your morning coffee on the back deck as deer wander through and cardinals fill the air with birdsong; you may even spot the resident screech owls returning to their birdhouse. Inside, the open-concept living, dining, and kitchen areas feel warm and inviting. Two bedrooms and a full bath are located downstairs (one currently used as an office), while the spacious upstairs primary suite offers a peaceful retreat with a jetted tub, separate shower, and double vanity. The property is well-equipped for country living with a dog run, storage shed/shop, and covered parking for your mower or ATV. From the back porch, the view stretches across the gulch and up Alligator Creek—a spot where the current owners have discovered countless arrowheads over the years. This is more than a home; it’s a lifestyle. Once you arrive, you may never want to leave.

At $300/sqft, this home is 40% below the Spicewood active market average of $497/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

601 Echo Dr, Spicewood, TX 78669

Property Details

Price $585,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,953 sqft
Lot Size 1.66 acres (72,100.51 sqft)
Year Built 2001
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lakeside Beach
County Burnet
Zip Code 78669
$/sqft $300/sqft
Days on Market ,
HOA $930/Annually
Annual Tax Est. $5,946.96
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244386468
List Date August 23, 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.

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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
$2,808/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
$117,000
20% conventional investment loan

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

Estimated Gross Rent+$2,808
Principal + Interest−$3,193
Property Tax (~2.1% TX avg)−$1,024
Insurance (~0.5%)−$244
Est. Monthly Cash Flow $-1,653

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 →