Nestled on the south end of Lake Travis, Spicewood is located in the Central Texas Hill Country, just 22 miles northwest of Austin. A mile north of State Highway 71 and minutes from Marble Falls, Spicewood is in southeastern Burnet County and gets its name from the spicewood trees from a nearby local creek. Intersecting with three different counties of Blanco, Burnet, and Travis, Spicewood also is surrounded by various waterways, including Cypress Creek, Colorado River, Fall Creek, Lake Travis, and Pedernales River. Real estate options in Spicewood consist of single-family homes, waterfront property, condominiums and townhouses.
The area is filled with spring-fed creeks, making Spicewood a recreational hub for area residents, boasting water sports, fishing and hunting. Spicewood offers a small-town community, complete with a neighborhood lifestyle, hometown atmosphere and beautiful recreational facilities to residents, allowing the benefits of the nearby big city and the privacy of an idyllic hideaway. Spicewood also offers the quiet life of Bed and Breakfast Inns, the Austin Steam Train, river cruises and wineries in the countryside, staging a perfect place for a weekend getaway.
Golf courses such as those located within Flintrock Falls and The Highlands of Lake Travis offer duffers and professionals plenty of opportunities to test their game. The continuous cultural, music, art and entertainment options of Austin are poised against the allure of friendly people and a peaceful community, proving Spicewood to offer the best of both worlds.
Spicewood, TX Real Estate Market – Price Range of Spicewood Houses for Sale
Spicewood offers a great variety in residential housing, while most subdivisions include their own marina or access and park areas. Pleasant waterfront settings, master-planned communities, new developments and subdivisions compliment the rolling landscape tucked away from the traffic of city living. From brand new construction to hidden hideaways and charming cabins, Spicewood is perfect for those looking for the amenities of the city with the tranquility of a small town in hill country.
Prices for houses in Spicewood start at $110,000 and can exceed $4 million for lake or river views, waterfront property, sprawling acreage and exclusive amenities. Few condominiums and townhouses are available in Spicewood, yet water views and updated features offer options to residents from $135,000 to $600,000.
Spicewood Real Estate Stats and Trends for the week of May 14th, 2012: homes priced around $484,953 compared to $478,543 the previous week, showing a increase of more than +1%. For Saturday, May 19th, the current national mortgage rate for a 30 year fixed mortgage is 3.73%; the 15 year fixed rate is at 3.03%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.39%, while the 15 year jumbo rate currently is at 3.60%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Spicewood TX. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Spicewood to help you find the best home!