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$1,490,000

NAL Estimated Property Value

22703 HIGHWAY 71 W, Spicewood, TX, 78669

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,289 Sq Ft
SingleFamilyResidenceSingleFamilyResidence
price_per_sqft$347.4 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market List

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 5Bathrooms 5
AppliancesDishwasher, Oven, Range, Stainless Steel Appliances
FlooringConcrete, Stone

Exterior

Private PoolPrivate Pool
Exterior FeaturesNo Exterior Steps, Private Yard, Rain Gutters

About this property

Designed for multi-generational living, the property features two homes: an ADA-compliant 2,796 sf main home with 3 bedrooms, 3 baths, 3 living areas, captivating stonework, and a distinctive architectural personality as well as a 2 bed/2 bath 1,493 sf log cabin rich with warmth & character (with its own laundry hookups). All with a low 1.7% tax rate and no HOA! For artists, makers, and hobbyists, a dedicated studio offers space to create or as a home office. For homesteaders, the acreage supports substantial gardens, chickens, and a more self-sufficient rhythm of life. Tucked among majestic oak trees in the heart of Spicewood, this gated Hill Country homestead & artist retreat blends privacy, proximity, & possibility — all within the Lake Travis ISD & just a 3-minute drive from a coming soon new LTISD high school. Whether you envision a legacy estate, guest quarters for extended stays, or a savvy income-producing setup (short- or long-term rental), the flexibility is compelling. Bridges spanning a wet-weather creek, a stone cistern, and layers of mature trees across the three-acre property create a secluded, storybook setting. Expansive decking and a fire pit set the stage for evenings under Hill Country stars, while a large shed provides additional storage. For entrepreneurs, the highway location offers visibility and convenience for a small or non-retail business without sacrificing privacy. It’s the best of both worlds: tucked away, yet not remote, in a rapidly growing corridor just west of Austin. Enjoy a 20-minute drive to the Hill Country Galleria and H-E-B, equal distance to Marble Falls and Bee Cave, easy day trips to Fredericksburg, San Antonio, and nearby wineries, and approximately 40 minutes to downtown Austin. A true jumping-off point for the Hill Country lifestyle - where land, location, and long-term potential converge. Don't miss the chance to own this beautifully versatile property in one of Central Texas’ most dynamic growth corridors.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,940 /month
Positive
Cash Flow Estimate:
$2,980 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Explore

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.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Spicewood

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22703 HIGHWAY 71 W | Property Details | No Agent List