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.
Active
$15,000,000
123 Vicinity Trl, Spicewood, TX 78669
3beds
2,376sqft
Single Family Residence
Built in 2017
24 Acres Lot
$-- Zestimate®
$6,313/sqft
$6/mo HOA
What's special
Riverfront estateScenic pedernales riverPrivate boat docksGently sloping terrainSpacious main residenceExpansive waterfrontMature trees
- 338 days |
- 150 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Aaron Jistel (877) 897-7275,
ListingSpark (877) 897-7275
Source: Unlock MLS,MLS#: 3136269
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Features: Double Vanity, Full Bath, Walk-In Closet(s), Walk-in Shower
- Level: Main
Primary bathroom
- Level: Main
Kitchen
- Features: Kitchen Island
- Level: Main
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: 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
Features
- High Ceilings, Vaulted Ceiling(s), Primary Bedroom on Main, Recessed Lighting, Walk-In Closet(s)
- Flooring: Laminate
- Windows: Window Treatments
- Number of fireplaces: 1
- Fireplace features: Family Room, Wood Burning
Interior area
- Total interior livable area: 2,376 sqft
Property
Parking
- Total spaces: 3
- Parking features: Detached, Garage Faces Front, Open, RV Garage
- Garage spaces: 3
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck, Wrap Around
- Exterior features: None
- Pool features: None
- Fencing: Partial
- Has view: Yes
- View description: Lake, Trees/Woods
- Has water view: Yes
- Water view: Lake
- Waterfront features: Waterfront
- Body of water: Lake Travis
Lot
- Size: 24 Acres
- Features: Rolling Slope, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft), Trees-Moderate
Details
- Additional structures: Workshop
- Has additional parcels: Yes
- Parcel number: 05640902220000
- Special conditions: Standard
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 2017
Utilities & green energy
- Sewer: Shared Septic
- Water: Well
- Utilities for property: Above Ground, Electricity Connected, Propane, Underground Utilities
Community & HOA
Community
- Features: None
- Subdivision: Pedernales 02
HOA
- Has HOA: Yes
- Services included: See Remarks
- HOA fee: $75 annually
- HOA name: Pedernales Bend
Location
- Region: Spicewood
Financial & listing details
- Price per square foot: $6,313/sqft
- Tax assessed value: $1,050,072
- Annual tax amount: $16,962
- Date on market: 8/5/2025
- Listing terms: Cash,Conventional,Owner May Carry
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$3,675/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/5/2025 | Listed for sale | $15,000,000+689.5%$6,313/sqft |
Source:  Unlock MLS #3136269 Report a problem | ||
| 8/1/2023 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 7/17/2023 | Contingent | $1,900,000$800/sqft |
Source: Unlock MLS #9118846 Report a problem | ||
| 6/15/2023 | Listed for sale | $1,900,000$800/sqft |
Source: Unlock MLS #9118846 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,246 +22% | $1,012,057 +20% |
| 2024 | $14,135 -46.1% | $843,381 -47.5% |
| 2023 | $26,239 -1.7% | $1,606,336 +7.2% |
| 2022 | $26,705 | $1,498,600 +130.7% |
| 2021 | -- | $649,600 +18.8% |
| 2020 | $10,932 -1.8% | $547,000 -1.6% |
| 2019 | $11,131 +182.6% | $555,900 +30.5% |
| 2018 | $3,939 | $426,046 +114.5% |
| 2017 | $3,939 +1.3% | $198,583 |
| 2016 | $3,889 | $198,583 +6.7% |
| 2015 | $3,889 | $186,100 |
| 2014 | $3,889 | $186,100 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 78669
Nearby schools
GreatSchools rating
- 8/10West Cypress Hills Elementary SchoolGrades: PK-5Distance: 5.7 mi
- 10/10Lake Travis Middle SchoolGrades: 6-8Distance: 7.3 mi
- 8/10Lake Travis High SchoolGrades: 9-12Distance: 10.1 mi
Schools provided by the listing agent
- Elementary: West Cypress Hills
- Middle: Lake Travis
- High: Lake Travis
- District: Lake Travis ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Texas
- Travis County
- Spicewood
- 78669
- 123 Vicinity Trl
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