Description
Investment Gem on the Waterfront in Spicewood, TX - build to suit – renovation or new construction! This rare opportunity offers panoramic, drop-dead views of the Pedernales River. A blank slate bursting with potential, this 2 bed / 2 bath home on a spacious double waterfront lot is your chance to create the ultimate hill country escape, short-term rental, or full-time retreat. The open-concept living area is full of natural light thanks to a wall of windows overlooking the deck and river below. A native stone wood-burning fireplace anchors the living room, while the large kitchen with its center island provides a spacious and open gathering area to enjoy. Make your way out onto the cantilevered deck to take in the serenity: stargaze at night, sip your coffee at sunrise, and unwind after a day on the lake. The heavy-duty metal stairs lead to your private boat dock nestled in a peaceful cove. Concrete pathways line the edge of the lot, offering easy access. BONUS: A charming cabin on-site makes an ideal office, artist studio, or private escape space. This is true lake life - quiet, secluded, and tranquil - on a dead-end street with no through traffic. The generous lot is LCRA-permitted for a 4,600 sq ft, 4-bedroom home, making this not only a peaceful getaway but also a smart long-term investment. Minutes from Thomas Ranch Golf Course Resort Development, Briarcliff, and the new HEB at Hwy 71 & Paleface Rd. Properties like this don’t last - seize your chance to own in one of the hottest developing areas in Central Texas. Boat dock, gang plank, stairways INCLUDED! ***Mortgage savings may be available for buyers of this listing. Inquire with listing agent for details.***
Property Details
| Status | Active |
| MLS # | ACT207653406 |
| Taxes | $13,826 (2025) / year |
| Type | Residential |
| Year Built | 1975 |
| Lot Size | 0.69 AC / 29,838 SF |
| County | Travis |
| Subdivision | Point Pedernales |
Property Information
Interior
Exterior
Appliances
Community
Parking
Utilities & Construction
Directions: From Round Rock, take 620 to 71, Go right on 71. Turn right on Paleface Ranch Rd, Take Right on Paleface Shore Dr. This road will dead end, take left on Pedernales Point. House is on the left.
Location
Property History
| Date | Event | Price |
|---|---|---|
| Feb 15, 2026 | Listed (Active) · MLS# ACT207653406 | $725,000 |
| — | Original List Price | $799,000 |
Full transaction history may not be available. Data sourced from ACTRIS MLS.
Public Records
| Beds | 2 |
| Lot Size | 29,838 Sq. Ft. |
| Style | Residential |
| County | TRAVIS |
| MLS # | ACT207653406 |
Schools
Please verify enrollment eligibility directly with schools.
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Payment Estimate
For illustrative purposes only. Contact a lender for accurate figures.