$790,000
273 Cedar Mountain DR, Spicewood, TX, 78669
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About this property
If you’re looking for hill country property that is ready to build your custom home on, then look no further. 273 Cedar Mountain Drive (Lot 143) is a 3-acre elevated lot with beautiful panoramic views and is located in the 860-acre gated community of Summit Springs. This lot backs up to a large private ranch. It already has a 30 x 50 insulated workshop (30 x 35 enclosed) with full bathroom and a 12 x 12 rollup door. The septic system is installed and 200-amp service panel ready to connect to your new custom home! A near 100 percent complete custom home plan with walk-out design will convey with property if interested. Partial driveway has also been completed. This development has a herd of blackbuck antelope which roam throughout the community adding to the natural beauty while also allowing owners to take advantage of an Ag exemption. Take advantage of the owner’s decision to “change their mind” and move closer to grandchildren in retirement.
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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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