$834,395
NAL Estimated Property Value23705 Tres Coronas, Spicewood, TX, 78669
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Absolutely gorgeous 5-acre property located in Paleface Ranch. This home sits on one of the most beautiful lots in the community with mature oak trees and gentle rolling slopes of the Hill Country. The main home is a single-story, farmhouse style with 3 bedrooms and 2 bathrooms, a spacious living room with a vaulted ceiling and fireplace, a dining area, and a kitchen with a huge walk-in pantry. This home has been lovingly maintained and updated with wood floors, wood paneling on the ceiling, a renovated kitchen with granite counters and high-end appliances, two remodeled bathrooms with updated tile, counters, and sinks, and a metal roof. The main bedroom has a spacious walk-in closet and large walk-in shower, one guest room has a built-in murphy bed and custom shelves, and the other bedroom has a magnificent arched window that overlooks the front yard. This home has just been painted and is move-in ready! It is just waiting for the next owners who will cherish it. In addition to the main home, there is a huge warehouse that is large enough to store an RV or boat, or multiple cars. The warehouse has its own private entrance and driveway. Behind the warehouse is a smaller outbuilding that was previously used as an art studio. In front of the main home is also a 2-car detached garage with a storage area above it. The entire property is fenced and cleared of underbrush and full of oak trees. Paleface Ranch is the perfect neighborhood to relax and enjoy the peace of the Texas Hill Country, while still being conveniently located to shopping and restaurants at the Hill Country Galleria. It is a private gated community with a boat ramp on the Pedernales River, and is zoned for Lake Travis ISD schools.
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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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