Set behind a private gate on 13.87 picturesque acres in Spicewood,
this exceptional estate offers the perfect balance of privacy,
space, and Hill Country living. The residence features four
bedrooms, three full bathrooms, one half bathroom, and two private
offices, ideal for working from home or creative pursuits. Along
with the attached three-car garage, pre-wired for Tesla/EV
charging, a detached three-car garage with a mini-split offers
endless possibilities as a workshop, fitness studio, or storage.
The heart of the home is an expansive open kitchen with a large
center island, stainless appliances, and flow into the living
room's vaulted ceilings and fireplace. The main-level primary suite
offers dual vanities, a soaking tub, a walk-in shower with a
built-in steam component, and generous closets, while an upstairs
game room with custom built-ins and a beverage fridge is perfect
for movie nights or hosting guests. Outdoor living impresses with a
covered patio overlooking the acreage, featuring a fireplace, wood
ceilings, and a fully equipped outdoor kitchen. A resort-style pool
and spa take in sweeping views, and a fire pit area invites
gathering beneath the Texas sky. The property also includes a
climate-controlled workshop (approx. 600 sf) with A/C and heat, a
barn with approximately 1,100 sf at the rear, and a small pond
already constructed with room to expand. The acreage is fully
fenced, except for the lower canyon. This remarkable property
delivers exceptional privacy, extensive amenities, and a lifestyle
that is both peaceful and refined. Tax and assessed values are
estimates for illustration purposes only. All figures should be
independently verified.
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.
Last updated: 22 days ago (Unlock MLS #ACT1165677)
Price History
Date / Event
Date
Event
Price
Sep 10, 2026
Price Decreased
$4,185,000
↓ $100K
(2.3%)
Price Decreased
Aug 25, 2026
Listed by Moreland Properties
$4,285,000
Listed by Moreland Properties
Nov 2, 2019
No longer available
-
No longer available
Mar 1, 2019
Listed by Keller Williams - Austin SW
$1,399,000
Listed by Keller Williams - Austin SW
Amazing 13 acre Hill Country estate, minutes from the Pedernales River, just west of Austin. Custom home has two story study w/ spiral staircase and balconies, insulated media room, game room, and wet bar. Bonus room downstairs is huge and is perfect for indoor entertaining. Living room has accordion floor to ceiling windows that open completely to the stunning outdoors. Pool/hot tub/grill/covered patio open to hundreds of oaks and fields of wildflowers. 3 car garage and separate workshop/barn. The manager has listed the unit size as 5357 square feet.
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: See Remarks, Attached, Detached, Electric Vehicle Charging Station(s), Garage, Garage Door Opener
Garage Spaces: 6
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: See Remarks, Bookcases, Breakfast Bar, Ceiling Fan(s), Double Vanity, Kitchen Island, Pantry, Recessed Lighting, Soaking Tub, Walk-In Closet(s), Wet Bar, Ceiling-Vaulted, Interior Steps, Multiple Living Areas, Primary Bedroom on Main, Study/Home Office
Appliances: Built-In Gas Oven, Dishwasher, Freezer, Gas Cooktop, Refrigerator, Wine Refrigerator
Flooring Type: Tile, Wood
Has Fireplace
Fireplace Features: Gas Log
Fireplaces: 1
Exterior Details
Square Footage: 5357
Square Footage Source: $0
Green Sustainability
Security Features: Carbon Monoxide Detector(s), Security System Owned
Property Condition: Resale
Year Built Source: Public Records
Year Built: 2022
Waterfront Features: None
Levels: Two
Other Structures: Garage(s)
Window Features: None
Construction Materials: See Remarks
Patio and Porch Features: Covered, Patio
Pool Features: Heated, In Ground, Outdoor Pool, Pool/Spa Combo
Pool is Private
Lot Features: See Remarks, Landscaped, Native Plants, Many Trees
Lot Size Area: 604177.2
Lot Size Units: Square Feet
Lot Size Acres: 13.87
Lot Size Square Feet: 604177.2
Water Source: Well
Financial Details
Tax Map Number: 7
Tax Assessed Value: $2,362,473
Tax Annual Amount: $29,113
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central, Fireplace(s)
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: See Remarks
HOA Fee: $3,000
HOA Fee Frequency: Annually
Building Info
Overview
General
Year Built:
2006
Effective Year Built:
2006
Building Count:
1
Bedroom Count:
3
Bathroom Count:
3
Full Bathrooms:
2
Partial Bathrooms:
3
Building Condition:
6
Building Quality:
7
Construction Type:
0
Building Style:
0
Exterior Walls Type:
0
Interior Walls Type:
0
Roof Shape Type:
8
Roof Cover Type:
18
Floor Count:
200
Floor Cover:
0
Basement Type:
0
Basement Area:
0
Garage Type:
4
Garage Square Area:
600
Parking Space Count:
2
Patio Type:
20
Porch Type:
7
Pool Type:
8
Dimensions
Lot Size Square Feet:
604,177
Total Building Area:
5,357
Gross Building Area:
5,357
Building Area:
5,357
Building Area Measurement:
L
Heating and Cooling
Fireplace Count:
1
Air Conditioning:
1
Heating:
3
Heated Square Feet:
5,357
Heating Fuel Type:
0
Utilities
Sewer System:
0
Water Service:
0
Building
Building Type:
0
Property Class:
R
Subdivision:
RIVERCLIFF SEC 2 PHS A
Land Acres:
0000013870
Standard Land Use Code:
1001
County Land Use Code:
A1
State Land Use Code:
A1
Legal Description 1:
LOT 7 & 8 RIVERCLIFF SEC 2 PHS A
Neighborhood
School District Name:
Marble Falls Independent School District
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