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$549,000

25555 Pedernales Point Dr, Spicewood, TX, 78669

On MarketInfo
Just AddedInfo
Baths0 Bath
MultipleParcelsMultipleParcels
Year BuiltBuilt in 1963

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Exterior FeaturesExterior Steps
Lot Size1.86 acres

Building Information

Year Built1963
Stories1

Land Information

APN05661205160000
Lot Number3&4
SubdivisionPaleface Pedernales Subd
Land UseResidential
Legal DescriptionLOT 3&4 PALEFACE PEDERNALES SUBD & PART ADJ
Census Tract035300
Assessed Land Value$510,000
Assessment Year2025

About this property

Discover a rare waterfront homesite opportunity in Spicewood, Texas. Lot 1&2 are two adjoining lots that equal nearly 2 acres of land with 126 feet of waterfront along the Pedernales River perched above the shoreline at the highest point in the area. The lots feature a cleared building site ideally suited for a custom lakefront home designed to capture 180-degree panoramic water views, spectacular sunrises and sunsets, and the surrounding Hill Country landscape. Ownership extends to the center of the Pedernales River, with deep water access for a boat dock and water sports, you're just a quick boat ride from the main body of Lake Travis. The Property has a deep well, large septic and electricity. There is an iron staircase leading to the lower level with unique granite formations, large growth trees, caves and river access. ***DO NOT walk on Stairs, the treads are broken and missing in areas. These will need to be replaced*** Lots of room for a private dock or there is a large 8 slip community boat dock with picnic area within a 5-minute walk. The property offers flexibility with no builder restrictions and no timeline to build. Convenient proximity to golf courses, wineries, restaurants, and popular destinations such as Krause Springs. Whether you're seeking a custom waterfront estate site, weekend getaway, or long-term investment this property is a rare opportunity to own waterfront property in one of the Texas Hill Country's most scenic and desirable locations. Spicewood and Lakeway are a quick 10-minute drive. Schedule your private viewing today and experience the magic of waterfront living.

Investor Tools

$0Estimated Mortgage Balance
$1,395,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,370 /month
Positive
Cash Flow Estimate:
$2,790 /month

Interested in this property?

John Prell

Creekview Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$841/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,113
$510,000
2025
$510,000
N/A
$510,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,113
$510,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,063,000
100%
0%
$0/mo

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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25555 Pedernales Point Dr | Property Details | No Agent List