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Spicewood

Spicewood

$999,750 Average Value
$445 Average Price per Sq Ft
234 Homes For Sale

Spicewood hosts rustic homes close to Lake Travis Parks

The rural enclave of Spicewood is situated on miles of rugged plains in the Texas Hill Country and is about an hour’s drive from Austin. Locals live close to several expansive natural parks along the Colorado River. Several small businesses line State Highway 71, while nearby cities like Marble Falls offer more options for shopping or dining. “It's got lots of elbow room, so it’s more for people who don’t care for that master planned community feel,” say Jacquelyn and Daniel Foreman, brokers with Foreman Property Group, with over 25 years of real estate experience between them. “It’s got areas that are a bit more affordable than nearby cities, plus it’s got a lower property tax rate.”

Plenty of outdoor activities at Pace Bend Park and Krause Springs

Pace Bend Park is a popular waterfront park where visitors can camp, hike, mountain bike or take kayaks and motorboats out on Lake Travis. The vibrant Krause Springs is a preserve that offers campsites suitable for tents and RVs, as well as several natural springs where visitors can swim. Muleshoe Bend Recreation Area features campsites, fishing areas and miles of trails suitable for mountain biking or horseback riding. Locals often visit the park in the spring to see fields of bright bluebonnets.

Wide ranging home styles in subdivisions and golf communities

Spicewood offers a diverse range of home styles and subdivisions, so the community suits a wide variety of lifestyles. There are modest ramblers, cottages and cabins, as well as larger Craftsman and rustic Contemporary-style estates, which can feature multi-acre lots and lake frontage. There are also several high-end golf communities, such as the Travis Club. “The Travis Club has a golf course and Hill Country views; it's also got waterfront options,” says Foreman. “It's going to be a super-high luxury area when it’s fully built.” Single-family homes are priced from $300,000 to $5 million, varying by square footage, lot size and subdivision. Undeveloped multi-acre lots of land are also on the market, ranging in price from $1 million to $10 million. Potential homebuyers need to be aware that there is a moderate flood risk for homes close to Lake Travis and the Colorado River.

Shopping and dining in Marble Falls and on State Highway 71

State Highway 71 is lined with numerous commercial businesses, including the Spicewood General Store, which offers convenience grocery items, and Opie’s Barbecue, which serves pit-smoked baby back ribs and jalapeno sausages. Farther south down the road is the Pedernales Farmers Market, open on Sunday mornings, where residents can browse locally sourced produce, baked goods, preserves and butcher meat. Nearby Marble Falls is home to numerous local businesses and shops, just a few miles from Spicewood.

Split between two well-ranked school districts

Spicewood is split between the Marble Falls Independent School District, north of the Pedernales River, and the Lake Travis Independent School District, south of the river. Students in Marble Falls ISD can attend Spicewood Elementary, rated a B-plus by Niche, Marble Falls Middle School, with a C-plus, and the B-rated Marble Falls High School. Students in Lake Travis ISD can attend West Cypress Hills Elementary, which has a B-plus rating, as well as Lake Travis Middle School and Lake Travis High School, both of which receive A ratings.

Austin is an hour away

Due to the limited public transit options, residents in Spicewood are largely reliant on car travel. Austin is 35 miles away along State Highway 71; commuters can reach the capital city in about an hour. Locals can catch flights from Austin-Bergstrom International Airport, which is a 40-mile drive. The nearest hospital is Baylor Scott & White Medical Center - Marble Falls, which is 10 miles west of Spicewood. “It’s usually more local workers around Spicewood,” says Foreman. “Most of them don’t want to go quite that far; they're usually working from home or not taking jobs that travel too far.”

Maxwell Olarinde
Written By
Maxwell Olarinde

Interested in learning more about homes in this area? Reach out to Ike Irus, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Spicewood Housing Trends

Housing Trends

Median List Price
$850,000
Median Sale Price
$715,000
Median Single Family Sale Price
$825,000
Median Townhouse Sale Price
$656,500
Median 2 Bedroom Sale Price
$650,000
Median Change From 1st List Price
8%
Last 12 months Home Sales
218
Median Home Sale Price YoY Change
-15%
Average Price Per Sq Ft
$445

Area Facts

Number of Homes
4,496
Number of Homes for Sale
234
Median Year Built
2001
Months of Supply
12.90
Average Single Family Home Size Sq Ft
2,828
Significantly above the national average
1,929
Average Townhouse Size Sq Ft
1,729
Average 2 Bedroom Size Sq Ft
1,499
Average 1 Bedroom Size Sq Ft
586
Median Lot Size Sq Ft
14,810

Open Houses

  • Sunday, Jan 11
    Open Sun 2:30PM - 4PM

    2317 Kahala Sunset Dr, Spicewood, TX 78669

    $825,990

    • 3 Beds
    • 3.5 Baths
    • 2,522 Sq Ft
    • 2317 Kahala Sunset Dr

    Beautiful One Story Home on the Lakecliff Golf Course

    Agent Photo
    Doyle Wilson
    eXp Realty, LLC
    (830) 356-4543
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  • Saturday, Jan 10
    Open Sat 1PM - 4PM

    18 Maybury Way, Lakeway, TX 78738

    $699,000

    • 3 Beds
    • 2.5 Baths
    • 1,787 Sq Ft
    • 18 Maybury Way

    Bring your dreams to life with the exquisite Huffman floor plan—gracefully named the "Tiramisu Martini"—tucked within the exclusive lock and leave enclave of The Point at Rough Hollow. A welcoming foyer sets the tone for the thoughtful design that awaits. Just a few steps up, the family room with light wood tone floors unfolds in dramatic fashion, showcasing serene Lake Travis views through

    Jimmy (Jim) Rado David Weekley Homes

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  • Saturday, Jan 10
    Open Sat 10AM - 5PM

    14 Maybury Way, Lakeway, TX 78738

    $875,000

    • 3 Beds
    • 2.5 Baths
    • 1,840 Sq Ft
    • 14 Maybury Way

    MODEL HOME FOR SALE! This furnished Model Home is a brilliant balance of classic and contemporary style, allowing the Osgood plan in The Point at Rough Hollow to shine! Top notch finishes will impress at every turn, like Surround Sound throughout, tile accents in all bathrooms, luxury vinyl, black & gold light fixtures & hardware, and additional side yard for entertaining. The gourmet kitchen,

    Jimmy (Jim) Rado David Weekley Homes

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Spicewood Has More Owners

Demographics

Total Population
25,332
Median Age
46
Population under 18
23.6%
On par with the national average
23.8%
Population over 65
21.1%
On par with the national average
19.1%

Finances

Median Household Income
$136,864
Significantly above the national average
$79,601
Average Household Income
$164,685

Education and Workforce

High School Graduates
96.4%
College Graduates
63%
Significantly above the national average
34.1%
Advanced Degrees
25.7%
Above the national average
13.3%
% Population in Labor Force
64.4%

Weather

Annual Precipitation
36''
Average Winter Low Temperature
40°F
Average Summer High Temperature
94°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®®

22 / 100

Car-Dependent

Walk Score®®

0 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Spicewood
Ike Irus
Intege Realty LLC
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