40
Map
3830 Outback TRL
About This Property
Built by Tiepolo Custom Homes, the home blends timeless Hill Country architecture with modern luxury. The main home features 5 bedrooms, 4 full baths, and 2 half baths, anchored by a huge great room with soaring beam-lined ceilings, a floor-to-ceiling stone fireplace, and large windows that frame the surrounding property. The open kitchen, dining, and living spaces were designed for both everyday living and entertaining, while a dedicated office, wine cellar, media room, and game room provide exceptional flexibility.
The primary suite and a private guest suite are on the main level, while three additional bedrooms and generous gathering spaces upstairs create room to spread out and unwind. A detached guest house with a loft and attached workshop offers additional accommodations and tons of possibilities for hobbies, projects, or storage.
Outside, the property truly shines. A stocked pond with beach entry, two-stall horse barn, greenhouse, chicken coop, and open pastureland create an authentic ranch-style setting with room for horses, recreation, gardening, or future improvements. Lake Travis and the Pedernales River are just a short walk away, adding even more opportunity to enjoy the outdoors.
You're just 15 minutes from Bee Cave, Lakeway, and the Hill Country Galleria, 20 minutes from Marble Falls, and approximately 40 minutes from downtown Austin and the Austin airport.
A rare offering that combines luxury, acreage, horse amenities, and one of Central Texas' most sought-after school districts-all in an extraordinary Hill Country setting.
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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 |
|---|---|---|---|
| Jun 11, 2026 | Listed by Moreland Properties | $2,995,000 | |
| Listed by Moreland Properties | |||
| Jun 3, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Apr 24, 2026 | Price Decreased |
$2,999,000
↓ $200K
(6.3%) | |
| Price Decreased | |||
| Apr 21, 2026 | Price Decreased |
$3,199,000
↓ $296K
(8.5%) | |
| Price Decreased | |||
| Jan 7, 2026 | Listed by RE/MAX Ascension | $3,495,000 | |
| Listed by RE/MAX Ascension | |||
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This 17.25-acre Hill Country estate presents a rare opportunity to enjoy luxury living, wide-open space, and the lifestyle that draws so many to Spicewood and the Lake Travis area. Located within the highly acclaimed Lake Travis ISD and future zoning to the new Lake Travis High School, the property offers privacy and freedom without sacrificing convenience. Wildlife tax exemption already in place! Tucked behind a gated entrance and surrounded by natural beauty, the custom residence was designed for both relaxed everyday living and memorable entertaining. Warm architectural character, inviting gathering spaces, and a seamless connection to the outdoors create a home that feels refined yet comfortable. Beyond the main residence, the estate opens into an exceptional blend of usable acreage. A guest house and shop provide flexibility for visitors, hobbies, workspace, or multigenerational living. A barn and open pasture create options for horses or recreational use, while the stocked pond with beach entry offers a setting rarely found, a place to fish, unwind, or cool off in summer. There is ample room for future enhancements such as a pool, sport court, gardens, or expanded outdoor entertaining areas. What truly elevates this property is the location. Just moments away is the Pedernales River arm of Lake Travis, offering convenient access to boating, paddleboarding, and the lake lifestyle that defines this region. Spend weekends exploring nearby marinas, golf courses, vineyards, breweries, and live music venues, or venture to local parks and scenic Hill Country destinations. Despite the private estate feel, everyday conveniences remain close at hand. Bee Cave, Lakeway, and the Hill Country Galleria are approximately 15 minutes away, and downtown Austin and ABIA are within comfortable reach. Whether envisioned as a full-time residence, luxury retreat, family compound, or legacy property, this is a rare chance to own a substantial piece of the Texas Hill Country.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017