$2,850,000
 $15,299 est/mo Sourced by Back At You

23601 Old Ferry Rd #1,Spicewood, TX 78669

Spicewood, TX 78669

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Description

Historic Pedernales River Ranch. Steeped in Texas history and stewarded by the Paul family since the 1950s, this extraordinary 39.66-acre ranch has exchanged hands only three times since the original Texas land grant of 1836. Rarely does a property with such heritage and potential become available, offering a unique opportunity to bring your vision to life in the heart of the Hill Country. Currently Agricultural Exempt, the property is fully fenced and features multiple level building sites ideal for a homestead, ranch headquarters, or future development. The land appears to not be zoned or located within an ETJ, providing incredible flexibility for both residential and commercial possibilities. The topography is mostly flat with gentle elevation changes that slope toward a Pedernales River slough, where you'll also find the unique and storied "living cave." Walking access down to the slough provides scenic beauty and recreation, while higher ground outside the partial floodplain ensures plenty of usable space for construction. The property already has a water well and electrical is available, with a septic system needed for future improvements. Stands of mature oaks and native vegetation are scattered throughout, all set against a backdrop of iconic Texas sunsets. With only very light, seller-imposed restrictions, this land is truly ready for development and offers exceptional potential for commercial ventures. Located in the highly acclaimed Lake Travis ISD and less than a 10-minute drive to Pace Bend Park, this property offers unmatched versatility, natural beauty, and a legacy that stretches back to the earliest days of the Republic. Whether your dream is a private ranch retreat, an agricultural enterprise, or a commercial project with deep Texas roots, this is a rare chance to own a piece of Texas history and create something extraordinary.

Details

MLS #5278943
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site361
Listing Provided ByColdwell Banker Apex | Anggay Tenney

Features

Acreage39.66
Water FrontYes
Property ViewHill Country, Panoramic, River,

Exterior

Lot FeaturesAgricultural, Cleared, Farm, Gentle Sloping, Level, Native Plants, Trees-Heavy, Trees-Large (Over 40 Ft), Many Trees, Trees-Medium (20 Ft - 40 Ft), Trees-Moderate, Trees-Small (Under 20 Ft), Trees-Sparse, Views
FencingPerimeter

Utilities

UtilitiesElectricity Available, Water Available

Other

List AorAustin Board Of Realtors

Area Information

StateTX
CountyTravis
CitySpicewood
Zip Code78669
AreaLS
Community NameN/A
School DistrictLake Travis ISD
Elementary SchoolSerene Hills
High SchoolLake Travis
Sourced by Back At You

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 Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of August 28, 2026 at 4:43:50 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateTX
CountyTravis
CitySpicewood
Zip Code78669
AreaLS
Community NameN/A
School DistrictLake Travis ISD
Elementary SchoolSerene Hills
High SchoolLake Travis
Sourced by Back At You
Listing Updated: August 27, 2026 at 3:04:19 PM PDT
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