Discover a rare waterfront homesite opportunity at 509 Nomad Drive in Spicewood. Situated within the exclusive Paleface Lake Country Estates community, this approximately 1.95-acre waterfront property offers exceptional privacy, mature oak trees, panoramic Hill Country views, and approximately 150 feet of frontage along the Pedernales River arm of Lake Travis at normal lake levels. The property's elevated bluff provides an outstanding building site for a custom lakefront estate designed to capture breathtaking sunrise views across the water and surrounding Hill Country. The pie-shaped configuration creates a unique sense of seclusion while maximizing both view corridors and usable space. A private easement road provides access to the lower portion of the property for direct enjoyment of the waterfront. Ownership extends to the center of the Pedernales River, offering enhanced privacy and control of your waterfront experience. The property includes a new 200-amp electrical panel, community water availability, and ample room for a private well. With no builder restrictions and no timeline to build, owners have the flexibility to create their dream retreat at their own pace. Located in a boutique waterfront community of only 58 homesites, residents enjoy access to a private boat launch and are just minutes from area golf courses, wineries, restaurants, and popular Hill Country destinations, including Krause Springs. Whether you're seeking a future custom home site, weekend getaway, or long-term investment, 509 Nomad Drive presents a rare opportunity to own premier waterfront acreage on Lake Travis.
Active
$289,900
509 Nomad Dr, Spicewood, TX 78669
0beds
0baths
1.95Acres
Unimproved Land
Built in ----
1.95 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Mature oak treesPanoramic hill country viewsOutstanding building siteElevated bluff
- 93 days
- 237
- 30
Zillow last checked:
Listing updated:
Listed by:
David Bouthot (512) 344-6000,
AustinRealEstate.com (512) 344-6000
Source: Unlock MLS,MLS#: 3825029
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Property
Features
- Exterior features: Boat Ramp
- Has view: Yes
- View description: Hill Country, River, See Remarks
- Has water view: Yes
- Water view: River
- Waterfront features: River Front, Waterfront, See Remarks
- Body of water: Pedernales River
Lot
- Size: 1.95 Acres
- Features: Sloped Down, Many Trees, See Remarks
Details
- Additional structures: None
- Has additional parcels: Yes
- Parcel number: 1111111111111
- Special conditions: Standard
Utilities & green energy
- Sewer: Septic Needed
- Water: Shared Well, See Remarks
- Utilities for property: Electricity Available, Sewer Not Available, Water Available
Community & HOA
Community
- Features: See Remarks
- Subdivision: Paleface Lake Country Estates
Location
- Region: Spicewood
Financial & listing details
- Tax assessed value: $800,000
- Annual tax amount: $8,927
- Date on market: 6/9/2026
- Listing terms: Cash,Conventional,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 |
|---|---|---|
| 6/9/2026 | Listed for sale | $289,900-27.3% |
Source: | ||
| 5/10/2025 | Listing removed | $399,000 |
Source: | ||
| 2/28/2025 | Listed for sale | $399,000-11.3% |
Source: | ||
| 1/1/2023 | Listing removed | -- |
Source: | ||
| 5/13/2022 | Listed for sale | $450,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,189 +20.9% | $518,400 +20% |
| 2024 | $2,637 +31% | $432,000 -4% |
| 2023 | $2,014 -21.5% | $450,000 |
| 2022 | $2,565 | $450,000 +257.1% |
| 2021 | -- | $126,000 |
| 2020 | $850 +1.5% | $126,000 |
| 2019 | $838 +15.4% | $126,000 |
| 2018 | $726 | $126,000 |
| 2017 | $726 -15.6% | $126,000 |
| 2016 | $860 | $126,000 |
| 2015 | $860 | $126,000 |
| 2014 | $860 | $126,000 -26.7% |
| 2011 | -- | $172,000 |
| 2010 | -- | $172,000 |
| 2009 | -- | $172,000 |
| 2008 | -- | $172,000 +168.8% |
| 2007 | -- | $64,000 |
| 2006 | -- | $64,000 |
Find assessor info on the county website
Monthly payment
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.






