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$2,500,000

NAL Estimated Property Value

23010 Highway 71 DR, Spicewood, TX, 78669

Off MarketInfo
CommercialInfo
Baths0 Bath

About this property

Large corner lot in Spicewood, Texas, at the corner of Hwy 71 W and Verde Knoll Dr., ready for commerical development or for your dream home in the beautiful Spicewood area. This property is completely unincorporated and is located outside the Travis County ETJ. Deed restrictions do contain a residential restriction; however, the arch control committee is defunct, and any end uses would only have to be approved by the neighborhood homeowners. Excellent 5+ acre lot in highly rated Lake Travis ISD with 435' of Highway 71 Frontage and access off Verde Knoll. Flat, cleared acreage close to all Lakeway & Bee Cave Amenities, dining, entertainment, and employers, with beautiful large trees on the lot & nice country neighborhood only 5 minutes to Lake Travis & Paleface Park, 15 minutes to Whole Foods, the High End Galleria Shopping & Dining, and under 10 Minutes to Lake Travis Middle School. This is a Prime piece of Real Estate in the Texas Hill Country, in the Heart of the Growth corridor of 71.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,000 /month
Positive
Cash Flow Estimate:
$5,000 /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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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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