




$1,400,000
23802 Oscar Rd, Spicewood, TX, 78669
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A rare opportunity to own a Spanish-inspired custom home on 5 acres in the gated community of Paleface Ranch, located in Lake Travis ISD, where usable acreage, privacy, and the Pedernales River access come together. The property includes access to a private community boat ramp and allows up to two horses or one horse and one show calf. This 5 bedroom, 4.5 bath home with a dedicated office and formal dining space is designed for both functionality and flexibility. The main living area connects to an eat-in kitchen featuring quartzite countertops, custom hickory cabinetry, built-in refrigerator, center island, walk-in pantry, and ample storage. Tasteful color selections throughout the home tie together the Spanish-inspired design and create a warm, cohesive feel. A breakfast nook and bar seating add everyday convenience. The split floor plan includes a private downstairs bedroom with ensuite bath and zero-lip shower, ideal for guests or multigenerational living. A dedicated office with door provides a quiet workspace, while multiple living areas offer flexibility. Upstairs, the primary suite features a spacious layout with walk-in closet, double vanities, zero-lip shower, and separate tub, with natural light and Hill Country views. Energy efficient features include spray foam insulation, dual pane windows, and two updated HVAC units. The home is serviced by a private well with water softener and includes accessible attic storage. The stone and stucco exterior is complemented by a Spanish tile roof, 3 car garage, circular drive, irrigation system, and covered rear patio. The grounds feature mature trees, Zoysia lawn, a volleyball court, and seasonal Texas wildflowers.
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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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