




$1,490,000
NAL Estimated Property Value22703 HIGHWAY 71 W, Spicewood, TX, 78669
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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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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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