Private 24-Acre Riverfront Estate with Development Potential on the Pedernales River - This exceptional 24-acre property offers an extraordinary opportunity for both developers and families seeking a serene, private compound. Nestled along the scenic Pedernales River, the estate is comprised of 12 subdivided lots, providing flexibility for future development or a legacy retreat shared among family and friends. At the heart of the property lies a spacious main residence, complemented by two fully equipped guest houses, ideal for hosting extended family or accommodating short-term rentals. Property Highlights: 24 acres with ample open space, mature trees, and native landscaping Over 12 legal lots - suitable for future subdivision or custom home builds Expansive waterfront with gently sloping terrain for easy river access Two private boat docks, perfect for boating, kayaking, and swimming Main house + 2 guest homes - move-in ready or income-producing Peaceful, secluded setting with the convenience of nearby amenities Whether you're a visionary developer or someone seeking to build a multigenerational riverside retreat, this property offers the rare combination of space, access, and potential in one of Texas Hill Country’s most desirable locations.
| MLS # | 2823206 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| HOA Dues | $75 |
| Sub-Type | Resale |
| Status | Active |
| Year | 2017 |
| Days On Site | 21 |
| Listing Provided By | ListingSpark | Aaron Jistel |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,376 |
| Garage | 3 |
| Story(s) | 2 |
| Acreage | 24.00 |
| Water Front | Yes |
| Property View | Lake, Trees, Woods |
| Interior Features | Ceiling-High, Ceiling-Vaulted, Primary Bedroom on Main, Recessed Lighting, Walk-In Closet(s) |
|---|---|
| Cooling | Central Air |
| Heating | Central, Electric |
| Appliances | Built-In Oven(s), Dishwasher, Disposal, Dryer, Gas Cooktop, Microwave, Oven, Self Cleaning Oven, Vented Exhaust Fan, Electric Water Heater, Tankless Water Heater, Water Softener Owned |
| Fireplace Features | Family Room, Wood Burning |
| Fireplaces Total | 1 |
| Window Features | Window Treatments |
| Flooring | Laminate |
| Exterior Features | None |
|---|---|
| Roof | Metal |
| Foundation Details | Slab |
| Lot Features | Rolling Slope, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft), Trees-Moderate |
| Patio And Porch Features | Covered, Deck, Wrap Around |
| Fencing | Partial |
| Construction Materials | Masonry – All Sides, Stone Veneer |
| Security Features | Smoke Detector(s) |
| Parking Features | Detached, Door-Multi, Garage Faces Front, Open, RV Garage |
|---|---|
| Garage Spaces | 3 |
| Utilities | Above Ground, Electricity Connected, Propane, Underground Utilities |
|---|---|
| Sewer | Shared Septic |
| List Aor | Austin Board Of Realtors |
|---|
| Property | 16962 |
|---|
| State | TX |
|---|---|
| County | Travis |
| City | Spicewood |
| Zip Code | 78669 |
| Area | LS |
| Community Name | Pedernales 02 |
| School District | Lake Travis ISD |
| Elementary School | West Cypress Hills |
| High School | Lake Travis |
| Listing VS Median (in Pedernales 02) | |
Price: $15,000,000 low | high Med: $8,122,500 sqft: 2,376 low | high Med: 2,616 $ / sqft: $6,313 low | high Med: $3,375 On site: 21 low | high Med: 96 | |
| State | TX |
|---|---|
| County | Travis |
| City | Spicewood |
| Zip Code | 78669 |
| Area | LS |
| Community Name | Pedernales 02 |
| School District | Lake Travis ISD |
| Elementary School | West Cypress Hills |
| High School | Lake Travis |
| Listing VS Median (in Pedernales 02) | |
Price: $15,000,000 low | high Med: $8,122,500 sqft: 2,376 low | high Med: 2,616 $ / sqft: $6,313 low | high Med: $3,375 On site: 21 low | high Med: 96 | |
![]() | $589,00025420 Cove DrSpicewood, TX 78669 |