Hill Country Gateway on Lake Travis

Apartments in Spicewood, TX

Welcome to Spicewood, an unincorporated Hill Country community on the shores of Lake Travis, known for its swimming holes, wineries, and resort-style lake living west of Austin.

Spicewood is an unincorporated community in southeastern Burnet County, Texas, with portions spilling into western Travis County, set along the shores of Lake Travis in the heart of the Texas Hill Country. It sits about 35 miles northwest of Austin and roughly nine miles southeast of Marble Falls, positioned on the edge of the Highland Lakes chain. There is no municipal government; the community is a collection of lake communities, rural tracts, and small commercial clusters organized around Texas Highway 71. The area's identity is tied to Lake Travis and the Hill Country landscape. Spicewood developed as a resort community in the 1960s, when summer homes, country clubs, golf courses, and water sports established it as a getaway destination for Austin and Central Texas residents. That resort heritage still shapes the housing stock, which ranges from original lake cottages to newer custom homes on acreage. Recreation defines daily life. Krause Springs, a spring-fed swimming hole and campground, is one of the region's best-known natural attractions, while Pace Bend Park and Muleshoe Bend Recreation Area offer lake access, camping, and trails. The area is also a wine destination, with Spicewood Vineyards, Stone House Vineyard, and El Gaucho Winery among the local producers, plus the Iron Wolf Ranch and Distillery. Because it is unincorporated, services and schooling are split. Spicewood is served primarily by Marble Falls ISD, which operates Spicewood Elementary School, with older students attending Marble Falls Middle and High Schools; some Spicewood addresses fall within Lake Travis ISD. Residents rely on nearby towns for many services, with Marble Falls, Bee Cave, and Austin supplying the broader retail, medical, and cultural landscape. Texas 71 is the community's main artery, connecting westward to Marble Falls and eastward toward Austin, with the drive to downtown Austin typically under an hour. Spicewood suits those seeking waterfront or acreage living, outdoor recreation, and a quiet Hill Country pace while staying within commuting reach of Austin's employment and amenities.

Fay Group Real Estate
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MARKET SNAPSHOT

The Market at a Glance

How homes have been selling here over the last 90 days.

home_work New This Week 13
Went Under Contract 0
trending_down Price Reductions 0
payments Median Sale Price $711,183 +5.4%
square_foot Price per Sq Ft $323
schedule Avg Days on Market 140
sell Homes Sold 68
percent Sale-to-List Ratio 97.0%
inventory_2 Months of Inventory 14.7

Price & Sales History

Market data reflects closed sales over the last 90 days and is provided for informational purposes.

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