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ActiveMLS #6753490

1118 Rustic LN, Spicewood TX 78669

Spicewood, TX 78669 · The Place

Single Family Residence for sale in The Place

4Bedrooms
2Bathrooms
3,007Square Ft
3.11Acres
4Garage
1995Year Built
1 / 40
$1,495,000
3D tour

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

Rooms1 room

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

Members only
Days on market
$1,495,000
List price
0
Price reductions
Active
Since Sep 5, 2026
Property history1 event
DateEventPriceChange
Sep 5, 2026New Listing

Taxes

Tax data isn’t available for this property’s county yet.

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

List price $1,495,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

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.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal 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
First 10 of 30 years

Nearby

Courtesy of Verde Builders Group · (512) 535-5961

Listings courtesy of ACTRIS as distributed by MLS GRID.