1118 Rustic LN, Spicewood TX 78669
Spicewood, TX 78669 · The Place
Single Family Residence for sale in The Place
Overview
Property Description
Authentic Texas limestone masonry and steel-framed construction give this remarkable Hill Country property a timeless presence and exceptional sense of fortitude. Set on four private acres surrounded by native vegetation, the property offers a serene escape with Lake Travis waterfront access and breathtaking Hill Country surroundings. The main home features 4 bedrooms, 2 full baths, a spacious great room, formal dining, soaring vaulted ceilings, abundant natural light, and exceptional privacy. Tiled floors flow throughout, while a classic wood-burning fireplace anchors the expansive great room. French doors open to a generous outdoor deck, creating seamless indoor-outdoor living and an ideal setting for entertaining, dining, or simply enjoying the beauty of Lake Travis and the surrounding landscape. Outside, four acres invite endless possibilities—from gardening and entertaining beneath the Texas sky to enjoying direct access to the water for boating and lake recreation. A fenced garden and native landscape further enhance the property's peaceful country setting. A separate 1-bedroom guest cottage provides versatility and privacy for family, friends, or extended stays. The property also includes a second 2-car garage ideal for a workshop, studio, or hobby space, plus an attached storage shed for equipment and outdoor gear. For aviation enthusiasts, proximity to Spicewood Airport offers the rare convenience of nearby aircraft storage, creating an extraordinary convergence of waterfront living and aviation accessibility. 1118 Rustic Lane is a true Texas Hill Country original—expansive yet intimate, rugged yet refined, and deeply connected to the land, the lake, and the sky.
Financial Info
- Price
- $1,495,000
- $ / Sqft
- $497
- HOA
- Yes - Mandatory / $675 / Annually
- HOA Name
- The Place Property Owners Association Inc.
- HOA Includes
- See Remarks
- Tax Rate
- 1.76%
- Est. Taxes
- $26,312
- Tax Year
- 2026
- Exemptions
- Homestead
Legal Info
- Address
- 1118 Rustic LN
- County
- Burnet
- City
- Spicewood
- State
- TX
- Zip
- 78669
- Subdivision
- The Place
- Legal Description
- S7205 THE PLACE LOT 12,13,14 & INT IN RESERVE TR F
- Parcel
- 35672
Interior Features
- Floor
- Tile
- Num Living
- 1
- Dining
- 1
- Kitchen
- Granite Counters, Pantry
- Appliances
- Dishwasher, Disposal, Exhaust Fan, Gas Range, Microwave, Gas Oven, Washer/Dryer
- Laundry
- Inside, Laundry Closet
- Master Bed
- Double Vanity, Primary Bedroom on Main, Walk-In Closet(s)
- Master Main
- Yes
- Fireplaces
- 1
- Fireplace Description
- Living Room, Wood Burning
- Interior Features
- Ceiling Fan(s), Beamed Ceilings, High Ceilings, Vaulted Ceiling(s), Granite Counters, Double Vanity, Gas Dryer Hookup, Entrance Foyer, French Doors, No Interior Steps, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Walk-In Closet(s), Washer Hookup, None, Aluminum Frames, Insulated Windows, Screens, Skylight(s), Window Coverings
General Info
- Beds
- 4 Total / 4 Main Level
- Full / Half Baths
- 2 / 0
- Prop Type
- Residential
- Property Type
- Single Family Residence
- Stories
- 1
- Year Built
- 1995 / Resale
- Square Feet
- 3,007 / Public Records
- Garages
- 4
- Garage Desc
- Detached, Garage, Garage Door Opener, Garage Faces Front
- Foundation
- Slab
- Roof
- Metal
- Construction
- HardiPlank Type, Masonry – All Sides
- Acres
- 3.11
- Lot Description
- Front Yard, Gentle Sloping, Private, Sloped Down, Sprinkler - In-ground, Many Trees, Trees-Medium (20 Ft - 40 Ft), Views
- Restrictions
- Deed Restrictions
- Flood Plain
- No
- View
- Hill Country, Lake, Rural, Trees/Woods, Water
- Water Access
- Yes
- Waterfront
- Yes
- Area
- LW
Utility Info
- Water
- Public
- Sewer
- Engineered Septic
- Utilities
- Cable Available, Electricity Connected, Internet-Cable, Natural Gas Connected, Propane, Water Connected
- Heat
- Central
- A C
- Central Air
Exterior Features
- Fence
- None
- Exterior Features
- Exterior Steps, Garden, Gutters Full, Lighting, Private Yard, Covered, Deck, Front Porch, Patio, Porch, Rear Porch
- Pool On Property
- No
- Area Amenities
- Gated
Rooms
Main level
- Primary Bedroom
Ceiling Fan(s), GranCnt, Dual Vanity, Full Bath, High Ceilings, Jetted Tub, Pocket Doors, Recessed Lighting, Separate Shower, Two Primary Closets, Walk-In Closet(s), Walk-in Shower
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Sep 5, 2026 | New Listing | — |
Taxes
Schools
School Info
- District
- Marble Falls ISD
- Elementary
- Spicewood (Marble Falls ISD)
- Middle
- Marble Falls
- High
- Marble Falls
Maps
Financing
Your preferences
- 20% down
- Conv/Jumbo
- 30 years
- 6.50% rate
Saved on this device
Estimated monthly payment
$10,999 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $10,999
- Principal & interest
- $7,560
- Property taxes
- $2,193
- Homeowners insurance
- $1,246
*PITI only
These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal vs interest |
|---|---|---|---|---|---|
| 1 | $1,196,000 | $13,368 | $77,346 | $1,182,632 | |
| 2 | $1,182,632 | $14,263 | $76,451 | $1,168,369 | |
| 3 | $1,168,369 | $15,219 | $75,496 | $1,153,150 | |
| 4 | $1,153,150 | $16,238 | $74,477 | $1,136,912 | |
| 5 | $1,136,912 | $17,325 | $73,389 | $1,119,587 | |
| 6 | $1,119,587 | $18,485 | $72,229 | $1,101,102 | |
| 7 | $1,101,102 | $19,724 | $70,991 | $1,081,378 | |
| 8 | $1,081,378 | $21,044 | $69,670 | $1,060,334 | |
| 9 | $1,060,334 | $22,454 | $68,261 | $1,037,880 | |
| 10 | $1,037,880 | $23,958 | $66,757 | $1,013,922 |
- Year 1$1,182,632
- Principal paid
- $13,368
- Interest paid
- $77,346
- Starting balance
- $1,196,000
- Year 2$1,168,369
- Principal paid
- $14,263
- Interest paid
- $76,451
- Starting balance
- $1,182,632
- Year 3$1,153,150
- Principal paid
- $15,219
- Interest paid
- $75,496
- Starting balance
- $1,168,369
- Year 4$1,136,912
- Principal paid
- $16,238
- Interest paid
- $74,477
- Starting balance
- $1,153,150
- Year 5$1,119,587
- Principal paid
- $17,325
- Interest paid
- $73,389
- Starting balance
- $1,136,912
- Year 6$1,101,102
- Principal paid
- $18,485
- Interest paid
- $72,229
- Starting balance
- $1,119,587
- Year 7$1,081,378
- Principal paid
- $19,724
- Interest paid
- $70,991
- Starting balance
- $1,101,102
- Year 8$1,060,334
- Principal paid
- $21,044
- Interest paid
- $69,670
- Starting balance
- $1,081,378
- Year 9$1,037,880
- Principal paid
- $22,454
- Interest paid
- $68,261
- Starting balance
- $1,060,334
- Year 10$1,013,922
- Principal paid
- $23,958
- Interest paid
- $66,757
- Starting balance
- $1,037,880
Nearby
Courtesy of Verde Builders Group · (512) 535-5961
Listings courtesy of ACTRIS as distributed by MLS GRID.