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ActiveMLS #2823206

123 Vicinity TRL, Spicewood TX 78669

Spicewood, TX 78669 · Pedernales 02

See Remarks for sale in Pedernales 02

3Bedrooms
2 full / 1 halfBathrooms
2,376Square Ft
24.00Acres
3Garage
2017Year Built
1 / 30
$15,000,000

Overview

Property Description

Private 24-Acre Riverfront Estate with Development Potential on the Pedernales River - This exceptional 24-acre property offers an extraordinary opportunity for both developers and families seeking a serene, private compound. Nestled along the scenic Pedernales River, the estate is comprised of 12 subdivided lots, providing flexibility for future development or a legacy retreat shared among family and friends. At the heart of the property lies a spacious main residence, complemented by two fully equipped guest houses, ideal for hosting extended family or accommodating short-term rentals. Property Highlights: 24 acres with ample open space, mature trees, and native landscaping Over 12 legal lots – suitable for future subdivision or custom home builds Expansive waterfront with gently sloping terrain for easy river access Two private boat docks, perfect for boating, kayaking, and swimming Main house + 2 guest homes – move-in ready or income-producing Peaceful, secluded setting with the convenience of nearby amenities Whether you're a visionary developer or someone seeking to build a multigenerational riverside retreat, this property offers the rare combination of space, access, and potential in one of Texas Hill Country’s most desirable locations.

Financial Info
Price
$15,000,000
$ / Sqft
$6313
HOA
Yes - Voluntary / $75 / Annually
HOA Name
Pedernales Bend
HOA Includes
See Remarks
Tax Rate
1.676%
Est. Taxes
$16,962
Tax Year
2025
Exemptions
None
Legal Info
Address
123 Vicinity TRL
County
Travis
City
Spicewood
State
TX
Zip
78669
Subdivision
Pedernales 02
Legal Description
LOT 7 PEDERNALES SUBD NO 2
Parcel
05640902220000
Interior Features
Floor
Laminate
Num Living
1
Dining
1
Appliances
Built-In Oven(s), Dishwasher, Disposal, Dryer, Gas Cooktop, Microwave, Oven, Self Cleaning Oven, Vented Exhaust Fan, Electric Water Heater, Tankless Water Heater, Water Softener Owned
Laundry
Main Level
Master Bed
Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplaces
1
Fireplace Description
Family Room, Wood Burning
Interior Features
High Ceilings, Vaulted Ceiling(s), Primary Bedroom on Main, Recessed Lighting, Walk-In Closet(s), Smoke Detector(s), Window Treatments
General Info
Beds
3 Total / 1 Main Level / 2 Other Level
Full / Half Baths
2 / 1
Prop Type
Residential
Property Type
See Remarks
Stories
2
Year Built
2017 / Resale
Square Feet
2,376 / Public Records
Garages
3
Garage Desc
Detached, Door-Multi, Garage Faces Front, Open, RV Garage
Foundation
Slab
Roof
Metal
Construction
Masonry – All Sides, Stone Veneer
Acres
24.00
Lot Description
Rolling Slope, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft), Trees-Moderate
Restrictions
None
Flood Plain
Yes-100 yr
View
Lake, Trees/Woods
Water Access
Yes
Waterfront
Yes
Area
LS
Utility Info
Water
Well
Sewer
Shared Septic
Utilities
Above Ground, Electricity Connected, Propane, Underground Utilities
Heat
Central, Electric
A C
Central Air
Exterior Features
Fence
Partial
Exterior Features
None, Covered, Deck, Wrap Around
Pool On Property
No
Area Amenities
None

Rooms

Rooms4 rooms

Main level

  • Primary Bedroom

    Dual Vanity, Full Bath, Walk-In Closet(s), Walk-in Shower

  • Dining Room

    Kit/Din combo

    Center Island

Second level

  • Bedroom
  • Bedroom

Price history

Members only
Days on market
$15,000,000
List price
0
Price reductions
Active
Since Aug 6, 2026
Property history1 event
DateEventPriceChange
Aug 6, 2026New Listing

Taxes

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

Schools

School Info
District
Lake Travis ISD
Elementary
West Cypress Hills
Middle
Lake Travis
High
Lake Travis

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $15,000,000
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

$89,762 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $89,762

Principal & interest
$75,848
Property taxes
$1,414
Homeowners insurance
$12,500

*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$12,000,000$134,127$776,051$11,865,873
2$11,865,873$143,110$767,068$11,722,763
3$11,722,763$152,694$757,484$11,570,069
4$11,570,069$162,920$747,258$11,407,149
5$11,407,149$173,831$736,347$11,233,317
6$11,233,317$185,473$724,705$11,047,844
7$11,047,844$197,895$712,283$10,849,949
8$10,849,949$211,148$699,030$10,638,801
9$10,638,801$225,289$684,889$10,413,512
10$10,413,512$240,377$669,801$10,173,135
  • Year 1$11,865,873
    Principal paid
    $134,127
    Interest paid
    $776,051
    Starting balance
    $12,000,000
  • Year 2$11,722,763
    Principal paid
    $143,110
    Interest paid
    $767,068
    Starting balance
    $11,865,873
  • Year 3$11,570,069
    Principal paid
    $152,694
    Interest paid
    $757,484
    Starting balance
    $11,722,763
  • Year 4$11,407,149
    Principal paid
    $162,920
    Interest paid
    $747,258
    Starting balance
    $11,570,069
  • Year 5$11,233,317
    Principal paid
    $173,831
    Interest paid
    $736,347
    Starting balance
    $11,407,149
  • Year 6$11,047,844
    Principal paid
    $185,473
    Interest paid
    $724,705
    Starting balance
    $11,233,317
  • Year 7$10,849,949
    Principal paid
    $197,895
    Interest paid
    $712,283
    Starting balance
    $11,047,844
  • Year 8$10,638,801
    Principal paid
    $211,148
    Interest paid
    $699,030
    Starting balance
    $10,849,949
  • Year 9$10,413,512
    Principal paid
    $225,289
    Interest paid
    $684,889
    Starting balance
    $10,638,801
  • Year 10$10,173,135
    Principal paid
    $240,377
    Interest paid
    $669,801
    Starting balance
    $10,413,512
First 10 of 30 years

Nearby

Courtesy of ListingSpark · (877) 897-7275

Listings courtesy of ACTRIS as distributed by MLS GRID.