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312 Paleface Point offers a rare opportunity to own the entire Deerhaven subdivision"”three parcels totaling approximately 10.87 acres in Spicewood"”with Hill Country scenery, water views, and long-term flexibility. The offering includes a 5.75-acre homesite plus 2 additional parcels (approx. 2.49 and 2.63 acres), creating a unified tract with privacy, scale, and future potential. The property is used as a single homesite and taxed with a homestead exemption across the combined parcels. The 4-bedroom, 3.5-bath home features a flexible layout with 2 bedrooms on the main level and 2 upstairs, along with a dedicated office/flex space overlooking the pool and grounds. The kitchen opens to the living area and is equipped with granite countertops, stainless appliances, Thermador 5-burner propane cooktop, Thermador double ovens, and cherry cabinetry. The living space is anchored by a striking two-story stone fireplace, creating a natural gathering point within the home. The primary suite includes double vanities, walk-in closets, a garden tub, and a spa-inspired sealed steam shower with dual shower heads. Insulated, heated/cooled garage offers ideal space for workshop, hobbies, or studio use. Outdoor features include a pool with fountains, stand-alone hot tub, rooftop observation deck with panoramic Hill Country and Pedernales River views, a 20x20 outbuilding, additional storage and an arched metal roof. Utilities include a well with 2,500-gallon storage and booster pump, septic system, water softener, underground propane tank, and much of the gutterwork completed for a potential rainwater collection system. Located in Spicewood with a favorable tax rate of 1.54% and positioned in a high-growth corridor with practical access to Austin. Nearby amenities include Lake Travis access at Pace Bend Park and Muleshoe Bend, Grelle Recreation Area, and multiple golf options including Barton Creek Lakeside and Lakecliff, along with wineries, distilleries, and Hill Country recreation.
| LAST UPDATED | 7/2/2026 | TRACT | Deer Haven |
|---|---|---|---|
| YEAR BUILT | 2004 | COMMUNITY | Deer Haven |
| GARAGE SPACES | 2.0 | COUNTY | Travis |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Spicewood (Marble Falls ISD) |
|---|---|
| Jr. High School | Marble Falls |
| High School | Marble Falls |
| PRICE HISTORY | |
| Prior to Jul 2, '26 | $1,575,000 |
|---|---|
| Jul 2, '26 - Today | $1,495,000 |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Double Oven, Electric Oven, Freezer, Microwave, Propane Cooktop, Water Heater, Water Softener |
| AREA | LW |
| CONSTRUCTION | Cedar, Stone, Stone Veneer, Stucco |
| EXTERIOR | Rain Gutters |
| FIREPLACE | Yes |
| GARAGE | Attached Garage, Yes |
| HEAT | Central, Fireplace Insert, Fireplace(s), Propane |
| INTERIOR | Ceiling Fan(s), Double Vanity, Entrance Foyer, Granite Counters, Kitchen Island, Pantry, Walk-In Closet(s) |
| LOT | 10.87 acre(s) |
| LOT DESCRIPTION | Back Yard, Level, Many Trees, Native Plants, Private, Views |
| PARKING | Additional Parking, Attached, Garage, Garage Door Opener, Garage Faces Side, Gravel, Heated Garage, Kitchen Level |
| POOL | Yes |
| POOL DESCRIPTION | Gunite, In Ground, Private |
| SEWER | Septic Tank |
| STORIES | 2 |
| SUBDIVISION | Deer Haven |
| TAXES | 13145.98 |
| UTILITIES | Electricity Connected, Other, Propane, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Lake, Panoramic, Pool, River, Water |
| WATER | Private, Well |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Property listed by Alan Gabriel, Keller Williams Realty
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 8/2/26 5:15 AM 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 2026.