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Active
    • Price cut: $25K (8/19)
    $2,475,000

    4607 R O Dr, Spicewood, TX 78669

    7beds
    6,137sqft
    : 
    $16,673/mo
    Get pre-qualified
    Single Family Residence
    Built in 2001
    10 Acres Lot
    $-- Zestimate®
    $403/sqft
    $-- HOA

    What's special

    Discover a rare opportunity to own a multi-generational gentlemen’s ranch and thriving investment property on 10 acres of unrestricted Texas Hill Country land. Currently operating as a short-term rental and event venue, this estate is equally suited as a private family compound or income-generating retreat. Behind the gated entrance, three distinct residences create endless versatility for hosting, entertaining, or private living. Together, they offer 7 bedrooms, 6 full baths, multiple kitchens and dining areas, and expansive gathering spaces. The Main Ranch House blends Hill Country charm with modern comfort, featuring 4 main-level bedrooms (including 2 suites), a loft, and 3 bathrooms. A two-story Guest House provides a separate kitchenette, dining area, and upstairs suite with bedroom, bath, and sitting area. The third residence serves as an entertainment lodge, complete with a two-room game house and bar on the main level and a full upstairs suite with kitchen, dining, and living space. Outdoors, enjoy resort-style amenities including a heated pool with cascading water features, a gazebo, fenced garden, and ample outdoor living areas framed by rolling terrain and panoramic Hill Country views. Additional outbuildings provide storage, workshop space, and flexible utility. With proven income from Airbnb/VRBO and event rentals, plus no HOA or deed restrictions, this property stands out as both a legacy estate and a premier investment in the heart of Lake Travis ISD. Just minutes from Highway 71 and an easy drive to Austin, it’s a one-of-a-kind lifestyle opportunity in Spicewood.
    38 days
    483
    35

    Zillow last checked:

    Listing updated:

    Listed by:

    Megan Mrazek (512) 627-8055,

    Keller Williams - Lake Travis (512) 263-9090,

    Alice Duffy (512) 784-2345,

    Keller Williams - Lake Travis

    Source: Unlock MLS,MLS#: 1250861MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 6
      • Full bathrooms: 5
      • 1/2 bathrooms: 1
      • Main level bedrooms: 4
      Heating
      • Central, Solar
      Cooling
      • Central Air
      Appliances
      • Included: Built-In Oven(s), Dishwasher, Disposal, Gas Cooktop, Microwave, Gas Oven, Stainless Steel Appliance(s), Vented Exhaust Fan, Tankless Water Heater, Water Purifier Owned
      Features
      • 2 Primary Baths, 2 Primary Suites, Breakfast Bar, Ceiling Fan(s), High Ceilings, Chandelier, Granite Counters, Double Vanity, Electric Dryer Hookup, Eat-in Kitchen, Entrance Foyer, In-Law Floorplan, Interior Steps, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Soaking Tub, Storage, Walk-In Closet(s), Washer Hookup
      • Flooring: Carpet, Tile, Wood
      • Windows: Blinds, Window Coverings
      • Number of fireplaces: 1
      • Fireplace features: Living Room
      Interior area
      • Total interior livable area: 6,137 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Additional Parking, Detached, Workshop in Garage
      • Has garage: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Front Porch, Patio, Porch, Rear Porch
      • Exterior features: Exterior Steps, Garden, Lighting, Private Yard
      • Has private pool: Yes
      • Pool features: Gunite, Heated, In Ground, Outdoor Pool, Waterfall
      • Spa features: Above Ground, Hot Tub
      • Fencing: Barbed Wire, Gate, Livestock, Wood
      • Has view: Yes
      • View description: Hill Country, Panoramic, Trees/Woods
      • Waterfront features: None
      Lot
      • Size: 10 Acres
      • Dimensions: 438' x 1029'
      • Features: Landscaped, Private, Rolling Slope, Sprinkler - Automatic, Trees-Large (Over 40 Ft), Many Trees, Trees-Medium (20 Ft - 40 Ft), Views
      Details
      • Additional structures: Guest House, Second Residence, Shed(s), Storage, Workshop
      • Parcel number: 05340604320000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Slab
      • Roof: Metal
      Condition
      • Resale
      • New construction: No
      • Year built: 2001

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Electricity Connected, Propane, Solar

      Community & HOA

      Community
      • Features: None
      • Subdivision: Scott G W
      HOA
      • Has HOA: No
      Location
      • Region: Spicewood

      Financial & listing details

      • Price per square foot: $403/sqft
      • Tax assessed value: $2,157,122
      • Annual tax amount: $28,996
      • Date on market: 8/19/2026
      • Listing terms: See Remarks,Cash,Conventional,Lease Purchase,SBA Type Loan,VA Loan
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/19/2026Price change$2,475,000-1%$403/sqft
        Source: Unlock MLS #1250861 Report a problem
        5/4/2026Price change$2,500,000-13.8%$407/sqft
        Source: Unlock MLS #6743600 Report a problem
        10/1/2025Price change$2,900,000+3.9%$473/sqft
        Source: Unlock MLS #6743600 Report a problem
        12/31/2024Listing removed$20,000$3/sqft
        Source: Unlock MLS #8904856 Report a problem
        8/20/2024Listed for rent$20,000$3/sqft
        Source: Unlock MLS #8904856 Report a problem
        8/10/2024Listed for sale$2,790,000+21.3%$455/sqft
        Source: Unlock MLS #6041992 Report a problem
        5/3/2022Sold--
        Source: Realty Austin solds #7586778_78669 Report a problem
        4/5/2022Contingent$2,300,000$375/sqft
        Source: Unlock MLS #7586778 Report a problem
        3/29/2022Price change$2,300,000-8%$375/sqft
        Source: Unlock MLS #8722765 Report a problem
        3/7/2022Price change$2,499,999-3.8%$407/sqft
        Source: Unlock MLS #7586778 Report a problem
        2/17/2022Price change$2,600,000-13.3%$424/sqft
        Source: Unlock MLS #7586778 Report a problem
        1/25/2022Listed for sale$3,000,000+11.1%$489/sqft
        Source: Unlock MLS #7586778 Report a problem
        8/16/2021Listing removed--
        Source: Unlock MLS #8722765 Report a problem
        7/20/2021Listed for sale$2,700,000-20.6%$440/sqft
        Source: Unlock MLS #8722765 Report a problem
        6/11/2021Listing removed--
        Source: Unlock MLS #2063954 Report a problem
        4/6/2021Listed for sale$3,400,000$554/sqft
        Source: Unlock MLS #2063954 Report a problem
        2/28/2021Listing removed--
        Source: Keller Williams Report a problem
        1/7/2021Listed for sale$3,400,000+615.8%$554/sqft
        Source: Unlock MLS #2063954 Report a problem
        3/27/2013Sold--
        Source: Agent Provided Report a problem
        2/12/2013Pending sale$475,000$77/sqft
        Source: Austin City Living #4674558 Report a problem
        11/27/2012Price change$475,000-5%$77/sqft
        Source: Austin City Living #4674558 Report a problem
        10/16/2012Price change$499,950-6.6%$81/sqft
        Source: Austin City Living #4674558 Report a problem
        9/18/2012Price change$535,000-2.7%$87/sqft
        Source: Austin City Living #4674558 Report a problem
        5/21/2012Price change$550,000-8.3%$90/sqft
        Source: Austin City Living Report a problem
        5/9/2012Listed for sale$600,000$98/sqft
        Source: Austin City Living Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$36,759 +2%$2,157,122 +0.3%
        2024$36,036 +2.3%$2,150,125 -0.3%
        2023$35,243 -10.9%$2,157,579 -3%
        2022$39,564 $2,224,133 +171%
        2021-- $820,862 +10%
        2020$11,783 +10.2%$746,238 -25.3%
        2019$10,690 +24.7%$998,440 +61.9%
        2018$8,576 $616,725 +11%
        2017$8,576 +0.1%$555,574 -0.8%
        2016$8,570 $560,033 +8.3%
        2015$8,570 $517,318 -0.3%
        2014$8,570 $519,012 +5.8%
        2013-- $490,454 +10%
        2012-- $445,867 +10%
        2011-- $405,334 +10%
        2010-- $368,485 +10%
        2009-- $334,986 +10%
        2008-- $304,533 +10%
        2007-- $276,848 +10%
        2006-- $251,680 +10%
        2005-- $228,800
        2002$4,052 $228,800
        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.
        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.
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        Climate risks

        Neighborhood: 78669

        Getting around

        8 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        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.

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