$400,000
●
Land -
For Sale
303 Lake View DR
Spicewood, TX 78669
Studio
0 Bath
$2,255
Est. Monthly
About This Property
Just 4 miles from Krause Springs, this gated, nearly 1-acre Lake
Travis escape blends natural beauty with ready-to-enjoy upgrades.
Soak in panoramic views & direct water access from your private
2-story dock ($42K) w/trapeze swing. A limestone wall w/concrete
footing & solar iron gate ($20K) sets a grand entrance. Relax under
the cedar pavilion w/metal roof & porch ($30K), enjoy the
convenience of a septic system ($18K), and build on the elevated
homesite w/retaining wall ($20K) already in place. Towering oaks &
peaceful surroundings create a secluded retreat perfect for
boating, fishing, or sunset watching. Short-term rentals
allowed-ideal for investment or weekend getaways. Bring your vision
and make this rare lakefront gem your own.
Unit Size
-
Days on Market
-
Land Size
0.65 acres
Price per sqft
-
Property Type
Land
Property Taxes
$290
HOA Dues
-
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 days ago (Unlock MLS #ACT6807553)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 20, 2026 | Listed by RE/MAX Fine Properties | $400,000 | |
| Listed by RE/MAX Fine Properties | |||
| May 30, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| May 29, 2026 | Listed by RE/MAX Fine Properties | $400,000 | |
| Listed by RE/MAX Fine Properties | |||
   | |||
|
Just 4 miles from Krause Springs, this gated, nearly 1-acre Lake Travis escape blends natural beauty with ready-to-enjoy upgrades. Soak in panoramic views & direct water access from your private 2-story dock ($42K) w/trapeze swing. A limestone wall w/concrete footing & solar iron gate ($20K) sets a grand entrance. Relax under the cedar pavilion w/metal roof & porch ($30K), enjoy the convenience of a septic system ($18K), and build on the elevated homesite w/retaining wall ($20K) already in place. Towering oaks & peaceful surroundings create a secluded retreat perfect for boating, fishing, or sunset watching. Short-term rentals allowed—ideal for investment or weekend getaways. Bring your vision and make this rare lakefront gem your own.
| |||
| May 12, 2026 | Listed by RE/MAX Fine Properties | $415,000 | |
| Listed by RE/MAX Fine Properties | |||
   | |||
|
Just 4 miles from Krause Springs, this gated, nearly 1-acre Lake Travis escape blends natural beauty with ready-to-enjoy upgrades. Soak in panoramic views & direct water access from your private 2-story dock ($42K) w/trapeze swing. A limestone wall w/concrete footing & solar iron gate ($20K) sets a grand entrance. Relax under the cedar pavilion w/metal roof & porch ($30K), enjoy the convenience of a septic system ($18K), and build on the elevated homesite w/retaining wall ($20K) already in place. Towering oaks & peaceful surroundings create a secluded retreat perfect for boating, fishing, or sunset watching. Short-term rentals allowed—ideal for investment or weekend getaways. Bring your vision and make this rare lakefront gem your own.
| |||
| Dec 10, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
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Property Highlights
With View
Exterior Details
Waterfront Features: Lake Front
Waterbody Name: Lake Austin
Other Structures: Barn(s)
Lot Features: Cleared, Open Lot, Views
Lot Size Area: 28314
Lot Size Units: Square Feet
Lot Size Acres: 0.65
Lot Size Square Feet: 28314
Water Source: None
Financial Details
Tax Annual Amount: $3,480
Utilities Details
Sewer : Septic Tank
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Burnet
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Listed by: Jennifer Ciulla
Listed Office: RE/MAX Fine Properties - Listing courtesy of Unlock MLS
Phone: (281) 265-5533
Last Updated: 2026-10-21 04:05:23
Data Source: Unlock MLS, MLS# ACT6807553
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: RE/MAX Fine Properties - Listing courtesy of Unlock MLS
Phone: (281) 265-5533
Last Updated: 2026-10-21 04:05:23
Data Source: Unlock MLS, MLS# ACT6807553
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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