5.75 acres. No HOA. Horses allowed. A custom home, pool and rooftop deck with sweeping Hill Country and water views. 312 Paleface Point offers the kind of space, privacy and freedom that is increasingly hard to find in Spicewood—without giving up access to Lake Travis, golf and some of the area’s best outdoor recreation. The 3,060-square-foot home features 4 bedrooms and 3.5 baths with a flexible layout that includes two bedrooms on the main level, two upstairs, and a dedicated office/flex space overlooking the pool and grounds. The kitchen opens to the main living area with granite counters, stainless appliances, a Thermador 5-burner propane cooktop, double ovens, cherry cabinetry and a center island. A dramatic two-story stone fireplace anchors the living space. The primary suite includes double vanities, separate walk-in closets, a garden tub and sealed steam shower with dual shower heads. The oversized garage is insulated, heated and cooled, creating valuable additional space for a workshop, gym, studio or hobbies. Outside, the property really separates itself: a pool with fountains, stand-alone hot tub, 20x20 outbuilding and usable acreage with room for horses, a future barn or stables, recreation or simply more breathing room. Head up to the rooftop observation deck for happy hour and take in expansive Hill Country views toward the Pedernales River. A private well with 2,500 gallons of water storage, septic system, water softener and underground propane are already in place. Spend the day boating on Lake Travis, hiking or biking at Muleshoe Bend, exploring Pace Bend Park, or enjoying nearby golf, wineries and distilleries. The planned Thomas Ranch development is also nearby. For buyers wanting even more land, the home is also offered with two adjoining parcels for approximately 10.87 total acres; see MLS #8116473. Some properties are best understood from the photos. This one is best understood when you step onto the land.
Active
Price cut: $500K (9/24)
$995,000
312 Paleface Point Dr, Spicewood, TX 78669
4beds
3,060sqft
Single Family Residence
Built in 2004
5.75 Acres Lot
$-- Zestimate®
$325/sqft
$-- HOA
What's special
- 26 days
- 931
- 131
Zillow last checked:
Listing updated:
Listed by:
Alan Gabriel (512) 879-7638,
Keller Williams Realty (512) 448-4111,
Kathie Gabriel (512) 413-5119,
Keller Williams Realty
Source: Unlock MLS,MLS#: 9613242
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bedrooms: 2
Office
- Level: Main
Heating
- Central, Fireplace(s), Propane
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Electric Oven, Double Oven, Propane Cooktop, Gas Water Heater, Water Softener Owned
Features
- Breakfast Bar, Ceiling Fan(s), High Ceilings, Granite Counters, Crown Molding, Double Vanity, Electric Dryer Hookup, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Soaking Tub, Study/Home Office, Walk-In Closet(s), Washer Hookup
- Flooring: Carpet, Tile
- Windows: Window Treatments
- Number of fireplaces: 1
- Fireplace features: Insert, Living Room
Interior area
- Total interior livable area: 3,060 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Additional Parking, Direct Access, Door-Single, Driveway, Garage, Garage Door Opener, Garage Faces Side, Heated Garage, Kitchen Level, RV Access/Parking
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: Gutters Partial
- Has private pool: Yes
- Pool features: Gunite, In Ground, Outdoor Pool, Waterfall
- Spa features: Hot Tub
- Fencing: Partial, Split Rail, Wood
- Has view: Yes
- View description: Hill Country, Lake, Panoramic, Pool, Rural, Water
- Has water view: Yes
- Water view: Lake,Water
- Waterfront features: None
Lot
- Size: 5.75 Acres
- Features: Back Yard, Cleared, Front Yard, Landscaped, Level, Native Plants, Near Golf Course, Private, Trees-Large (Over 40 Ft), Many Trees, Views
Details
- Additional structures: Outbuilding, Storage
- Parcel number: 772679
- 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: 2004
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Cable Available, Electricity Connected, Other, Phone Available, Propane, Sewer Connected, Water Connected
Community & HOA
Community
- Features: None
- Subdivision: Deer Haven
HOA
- Has HOA: No
Location
- Region: Spicewood
Financial & listing details
- Price per square foot: $325/sqft
- Tax assessed value: $1,178,765
- Annual tax amount: $4,797
- Date on market: 9/24/2026
- Listing terms: Cash,Conventional,FHA,Texas Vet,VA Loan
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2026 | Price change | $995,000-33.4%$325/sqft |
Source:  Unlock MLS #9613242 Report a problem | ||
| 7/2/2026 | Price change | $1,495,000-5.1%$489/sqft |
Source: Unlock MLS #8116473 Report a problem | ||
| 4/30/2026 | Listed for sale | $1,575,000+186.7%$515/sqft |
Source: Unlock MLS #8116473 Report a problem | ||
| 8/21/2017 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 8/9/2017 | Price change | $549,421-14.1%$180/sqft |
Source: Coldwell Banker United, Realtors - Northwest Austin #3553921 Report a problem | ||
| 7/7/2017 | Price change | $639,421+16.4%$209/sqft |
Source: Coldwell Banker United, Realtors - Northwest Austin #3553921 Report a problem | ||
| 7/7/2017 | Pending sale | $549,421-14.1%$180/sqft |
Source: Coldwell Banker United, Realtors - Northwest Austin #3553921 Report a problem | ||
| 7/2/2017 | Price change | $639,421+16.4%$209/sqft |
Source: Coldwell Banker United, Realtors - Northwest Austin #3553921 Report a problem | ||
| 7/1/2017 | Price change | $549,421-3.4%$180/sqft |
Source: Coldwell Banker United, Realtors - Northwest Austin #3553921 Report a problem | ||
| 2/8/2017 | Listed for sale | $569,000$186/sqft |
Source: Coldwell Banker United, Realtors - Northwest Austin #3553921 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,797 +21.7% | $848,192 +11.8% |
| 2024 | $3,943 +29.5% | $758,457 +10% |
| 2023 | $3,044 +2.7% | $689,506 +13.2% |
| 2022 | $2,964 | $609,248 +10% |
| 2021 | -- | $553,862 +10% |
| 2020 | $2,909 +1.4% | $503,511 |
| 2019 | $2,869 +121.8% | $503,511 -2.8% |
| 2018 | $1,294 | $517,928 +92.5% |
| 2017 | $1,294 -17.3% | $268,986 -0.9% |
| 2016 | $1,564 | $271,418 -0.9% |
| 2015 | $1,564 | $273,849 -0.9% |
| 2014 | $1,564 | $276,280 -0.4% |
| 2013 | -- | $277,268 -0.9% |
| 2012 | -- | $279,657 -2.2% |
| 2011 | -- | $285,829 -2.5% |
| 2010 | -- | $293,065 -27.7% |
| 2009 | -- | $405,348 -11.5% |
| 2008 | -- | $457,848 +6.4% |
| 2007 | -- | $430,348 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 78669
Nearby schools
Schools provided by the listing agent
- Elementary: Spicewood (Marble Falls ISD)
- Middle: Marble Falls
- High: Marble Falls
- District: Marble Falls ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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