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Private Hill Country retreat perched on 1.499 lush acres in the heart of Spicewood, Texas "” where tranquility meets opportunity. This rare gem offers sweeping, unobstructed views of the river, a peaceful blend of nature and privacy, and versatile income potential that makes it an ideal investment, second home, or full-time residence. Currently leased through October, this property comes with immediate rental income and a tenant who has expressed interest in signing a long-term renewal "” an excellent opportunity for passive investors. However, if short-term rental is your vision, the tenant is also willing to vacate upon lease expiration, clearing the way for you to capitalize on Spicewood's booming Airbnb market and proximity to Lake Travis, wineries, and music venues.
LAST UPDATED | 5/14/2025 | TRACT | Milam Ranch |
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YEAR BUILT | 1956 | COMMUNITY | Milam Ranch |
COUNTY | Travis | STATUS | Active |
PROPERTY TYPE(S) | Single Family |
Elementary School | West Cypress Hills |
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Jr. High School | Lake Travis |
High School | Lake Travis |
ADDITIONAL DETAILS | |
AIR | Ceiling Fan(s), Central Air |
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AIR CONDITIONING | Yes |
APPLIANCES | Dishwasher, Electric Range, Refrigerator |
AREA | LS |
CONSTRUCTION | Brick |
EXTERIOR | None |
FIREPLACE | Yes |
HEAT | Central, Fireplace(s), Heat Pump |
INTERIOR | Ceiling Fan(s), Eat-in Kitchen, Kitchen Island |
LOT | 1.4999 acre(s) |
LOT DESCRIPTION | Views, Waterfront |
PARKING | Carport, Detached, Driveway |
POOL DESCRIPTION | None |
SEWER | Septic Tank |
STORIES | 1 |
SUBDIVISION | Milam Ranch |
TAXES | 6640.03 |
UTILITIES | Cable Available, Electricity Available |
VIEW | Yes |
VIEW DESCRIPTION | Panoramic, River |
WATER | Private, Well |
WATER ACCESS | Pedernales River |
WATERFRONT | Yes |
WATERFRONT DESCRIPTION | River Front |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Property listed by Alex Rocha, Keller Williams Realty
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 5/14/25 8:47 PM PDT. 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.
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.
This IDX solution is (c) Diverse Solutions 2025.