39
Map
2512 S Pace Bend
About This Property
Situated on approx. 2 acres of sprawling land, this home has water access and the outdoor living space is second to none. Enjoy cozy evenings by fire-pit or relax in the shade of the covered porch, perfect for hosting summer BBQs. The covered balcony on the 2nd level provides breathtaking views of the river, offering an idyllic spot for coffee or wine at sunset. With a blend of modern luxury, comfort & style-a retreat for those seeking a sophisticated and serene lifestyle.
Home can be used for STR -relevant as there are tourist attractions close by like golf, Lake Travis + Marinas, pickleball, & wineries /distilleries in Spicewood. The full property is 2 lots -approximately 2 acres (property line goes down to the water) -- see virtually staged photo which shows a pool, deck and sport court- possibilities are endless. Owner Financing Available. Water is in the river now.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 12, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Sep 6, 2025 | In contract | - | |
| In contract | |||
| Aug 22, 2025 | Listed by Compass RE Texas, LLC | $999,999 | |
| Listed by Compass RE Texas, LLC | |||
| |||
|
WATER IN THE RIVER! Discover the ultimate luxury retreat along the scenic Pedernales River in Spicewood, where this remarkable home stands as a testament to the exquisite craftsmanship and waterfront living. With incredible views of the river and hill country, as well as breathtaking sunsets, this property is a stunner... Upon arrival, a private gated entrance reveals a multi-level home with modern architecture and a large yard that will leave you in awe.
Step inside to discover a stunning interior with impeccable attention to detail. The multi-level home features 4 bedrooms, 3 full bathrooms and 2 living areas - one on the main level and one on the lower level. The lower level includes a spacious owners suite with dual vanity and a game room/den with a wet bar that offers the perfect place to unwind. On the Main floor, you will find the heart of the home, an open-concept kitchen with a quarts oversized island - and living area with breathtaking views of the river and countryside- prepare for the most spectacular sunsets!
Two bedrooms that share a stylish bathroom complete the main level. A second owners suite -which also boasts incredible views and seclusion is located on the top floor. The spa-like bathroom offers a beautiful double vanity, a glass enclosed walk-in shower with a soaking tub, and a closet with custom built-ins. Situated on an acre of sprawling land, this home has water access and the outdoor living space is second to none. Enjoy cozy evenings by fire-pit or relax in the shade of the covered porch, perfect for hosting summer BBQs with friends & family. With a seamless blend of modern luxury, comfort and style - PARADISE ON THE PEDERNALES is the ultimate retreat for those seeking a sophisticated and serene lifestyle.
NOTE: The home can be used for Short Term Rental - relevant as there are tourist attractions close by like golf, Lake Travis, and wineries /distilleries in Spicewood. Space for a casita, pool house, pickle ball court and pool!
| |||
| Jul 18, 2025 | Relisted | $1,175,000 | |
| Relisted | |||
| May 31, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017