40
Map
Video Tour
3114 Pace Bend RD S
About This Property
Inside, an open-concept floor plan seamlessly connects the sleek kitchen, dining area, and living room, while abundant windows fill the home with natural light and showcase breathtaking Hill Country and lake views from numerous rooms. The kitchen features crisp white European-style cabinetry, quartz countertops, and a large center island with breakfast bar, making it both stylish and functional. A deck off the living area extends the entertaining space and captures the spectacular scenery.
The main level offers a spacious primary suite plus an additional bedroom, while three more bedrooms are located upstairs. The primary suite is a serene retreat with a deep soaking tub and separate walk-in shower featuring a rainfall showerhead. All additional bathrooms have been thoughtfully remodeled with high-end finishes. Upstairs, a second living area and beautifully appointed rec room provide flexible space for gatherings, recreation, or relaxation, both enhanced by gorgeous views.
Delightfully designed with modern finishes and thoughtful upgrades throughout, the home also has great curb appeal with a covered porch accented by native stone planter beds, a distinctive stone facade, and durable metal roof. A spacious yard with mature oaks and a playscape offers room to enjoy the outdoors, while gated access adds privacy and convenience. Whether you're looking for a Hill Country retreat, or a lucrative STR opportunity, this Spicewood property offers all the possibilities of relaxed Texas Hill Country living.
Listed By
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 14, 2026 | Listed by Redfin Corporation | $1,540,000 | |
| Listed by Redfin Corporation | |||
| Mar 27, 2024 | In contract | - | |
| In contract | |||
| Mar 8, 2024 | Listed by Compass RE Texas, LLC | $1,599,900 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
|
Welcome to your own slice of paradise in Paleface Park, where 3.44 acres of breathtaking beauty meet the tranquility of the Pedernales River. This exceptional property offers an incredible opportunity for a homestead, 2nd residence, or lucrative STR. As you journey through the gated access down the long private driveway, enveloped by majestic trees, anticipation builds for the extraordinary retreat that awaits. The main residence, meticulously renovated from the studs up, exudes charm & sophistication, with 3,451 sq ft of luxurious living space. Step inside to discover a haven of comfort & style, with 5 bedrooms, 3.5 bathrooms, & captivating accents throughout. Hardwood flooring upstairs, shiplap ceilings, barn doors, & a floor-to-ceiling stone fireplace create a warm & inviting ambiance, while large wood-framed windows frame picturesque views of the surrounding hill country. Entertain with ease in the spacious living room & gourmet kitchen, where modern fixtures & high-end appliances meet seamless functionality. With views overlooking the sparkling pool & expansive grounds, every gathering becomes a memorable occasion. Step outside to experience the ultimate in outdoor living, with covered front & back porches providing the perfect setting for sipping morning coffee or enjoying evening sunsets. The sparkling heated pool beckons on warm Texas days, while the cabana with a stone fireplace offers a cozy retreat on cooler evenings. For guests seeking their own sanctuary, a charming 1 room guest cabin provides a private haven amidst the natural beauty of the property. Explore further to discover access to the Pedernales River for fishing, kayaking, or simply soaking in the serenity of waterfront living. While the river may not be full, the potential for water activities adds to the allure of this remarkable property. A decommissioned dock waits for its own make over while the river awaits a fill and the possibilities are endless! Schedule a private showing today!
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017