




$475,000
20800 Colorado Dr W, Spicewood, TX, 78669
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Welcome to The Texas Star Lakewood Retreat, a private gated escape nestled beneath majestic oak trees in Lakewood Estates, a Lake Travis lakeside community. Hidden behind beautiful custom wrought iron fencing with automatic gates adorned with iconic Texas stars, this one-of-a-kind property blends Texas charm, privacy, recreation, and investment potential. Situated on a beautifully treed corner lot, this fully furnished, move-in-ready retreat features a charming home with Lake Travis views from the living room overlooking the treetops. The open-concept floor plan includes a full kitchen, living and dining area, one bedroom, a full bathroom, and an upstairs loft with two separate sleeping areas, ideal for kids or guests. A spacious wraparound porch provides the perfect place to relax and enjoy the peaceful Hill Country setting. The property also includes a separate wash house with washer and dryer, additional storage building, oversized covered RV and boat parking beneath a large metal RV/boat canopy, expansive concrete parking, and ample room for vehicles, boats, recreational equipment, and entertaining. Located just around the corner from the Lakewood Estates waterfront park and private boat ramp, you'll enjoy convenient access to the deep waters of beautiful Lake Travis for boating, fishing, swimming, kayaking, paddle boarding, and unforgettable Texas sunsets. Whether you're seeking a full-time residence, weekend getaway, second home, or income-producing Airbnb or VRBO, this unique retreat offers exceptional flexibility. Located minutes from Thomas Ranch, Travis Club, and Loraloma, this property offers an exceptional opportunity to enjoy the Lake Travis lifestyle while investing in one of the area's fastest-growing luxury destinations. Experience the privacy, lake lifestyle, and investment potential that make The Texas Star Lakewood Retreat a truly rare offering.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Spicewood
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