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ActiveMLS #5766238

2203 Improver RD, Spicewood TX 78669

Spicewood, TX 78669 · Paleface Ranch Sec 01

Single Family Residence for sale in Paleface Ranch Sec 01

5Bedrooms
3 full / 1 halfBathrooms
3,641Square Ft
3.97Acres
2Garage
2017Year Built
Price Reduced
1 / 38
$1,975,000$1,980,000
3D tour

Overview

Property Description

Nearly 4 private acres on the Pedernales River arm of Lake Travis, inside the gated equestrian community of Paleface Ranch in Spicewood, TX. Panoramic lake views greet you from multiple vantage points across this elevated, tree-lined property, and the community boat ramp puts open water within minutes for boating, jet skiing, and paddleboarding. Wildlife, mature trees, and Hill Country air define daily life here. This is waterfront acreage living at its most complete. The 3,641 sq ft two-story home, has been comprehensively updated throughout with upgraded flooring, cabinetry, appliances, electrical, light fixtures, ceiling fans, and washer, dryer, and refrigerator. Every room reflects a current, finished condition with large windows and sliding doors that pull those lake and Hill Country views directly inside. The open-concept main level connects the living area, dining, and kitchen without interruption. The kitchen features a large island with an integrated sink, stainless appliances, and granite counters. A dedicated home office with vaulted ceilings and hardwood floors sits apart from the main living areas. The primary suite includes a freestanding soaking tub, dual vanities, and a walk-in shower. A half bath with vessel sink and granite counters serves the main level. Five bedrooms and 3.5 baths total across two levels with two separate living areas. Outside, two covered patios, including one with a wood-paneled ceiling, anchor the outdoor living areas. A stone patio, tiered deck, hot tub, and fire pit complete the exterior for year-round entertaining. A large metal-sided barn and storage facility adds working ranch utility. The long driveway winds through mature trees to a grand wooden entry archway. Paleface Ranch is served by Lake Travis ISD, approximately 15 minutes to Hill Country Galleria, and under an hour to downtown Austin via Highway 71. Harbors a diverse range of wildlife

Financial Info
Price
$1,975,000
$ / Sqft
$542
HOA
Yes - Mandatory / $800 / Annually
HOA Name
Paleface Ranch POA
HOA Includes
Common Area Maintenance
Tax Rate
1.7041%
Est. Taxes
$30,938
Tax Year
2026
Exemptions
Homestead
Legal Info
Address
2203 Improver RD
County
Travis
City
Spicewood
State
TX
Zip
78669
Subdivision
Paleface Ranch Sec 01
Legal Description
LOT 16 PALEFACE RANCH SUBD SEC 1
Parcel
05520701070000
Interior Features
Floor
Carpet, Tile, Wood
Num Living
2
Dining
1
Kitchen
Granite Counters, Kitchen Island, Pantry
Appliances
Built-In Oven(s), Cooktop, Dishwasher, Disposal, Gas Cooktop, Microwave, Oven, Double Oven, RNGHD, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Water Softener Owned
Laundry
Inside, Laundry Room, Main Level
Master Bed
Double Vanity, Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplaces
1
Fireplace Description
Family Room, Gas
Interior Features
Built-in Features, Ceiling Fan(s), Beamed Ceilings, High Ceilings, Vaulted Ceiling(s), Granite Counters, Crown Molding, Double Vanity, In-Law Floorplan, Interior Steps, Kitchen Island, Multiple Living Areas, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Walk-In Closet(s), Wired for Sound, Prewired, Secured Garage/Parking, Security Lights, Security System, Window Treatments
General Info
Beds
5 Total / 3 Main Level / 2 Other Level
Full / Half Baths
3 / 1
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
2017 / Resale
Square Feet
3,641 / Public Records
Garages
2
Garage Desc
Attached, Boat, Circular Driveway, Driveway, Garage, Garage Door Opener, Garage Faces Side, Gravel, RV Carport, Storage
Foundation
Slab
Roof
Metal
Construction
Frame, Masonry – Partial, Board & Batten Siding, Stone, Stone Veneer
Acres
3.97
Lot Description
Cul-De-Sac, Native Plants, Near Golf Course, Sprinkler - Automatic, Sprinkler - In-ground, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft), Trees-Small (Under 20 Ft), Views
Restrictions
Covenant
Flood Plain
Yes-100 yr, Yes-500 yr
View
Hill Country, Lake, Panoramic, Park/Greenbelt, River, Trees/Woods
Water Access
Yes
Waterfront
Yes
Area
LS
Utility Info
Water
Well
Sewer
Septic Tank
Utilities
Electricity Available, Other, Propane, Water Connected
Heat
Central, Fireplace(s)
A C
Ceiling Fan(s), Central Air
Exterior Features
Fence
Back Yard, Fenced, Livestock, Wire, Wood
Exterior Features
Boat Ramp, Private Yard, RV Hookup, Covered, Deck, Patio, Porch
Pool On Property
No
Area Amenities
Cluster Mailbox, Common Grounds, Equestrian Community, Gated, Golf, High Speed Internet, Lake

Rooms

Rooms5 rooms

Main level

  • Living Room

    Beamed Ceilings, Ceiling Fan(s), High Ceilings, Recessed Lighting

  • Kitchen

    Breakfast Bar, Center Island, GranCnt, Pantry, Recessed Lighting

  • Primary Bedroom

    Beamed Ceilings, Ceiling Fan(s), Full Bath, Recessed Lighting, Tray Ceiling(s)

  • Dining Room

    Chandelier

  • Primary Bathroom

    Dual Vanity, Full Bath, Garden Tub, Recessed Lighting, Separate Shower, Walk-In Closet(s), Walk-in Shower

Price history

Members only
Days on market
−$5,000 (−0.3%)
$1,980,000 → $1,975,000
1
Price reduction
Active
Since Jul 1, 2026
Price trend
List priceJul 2026Aug 2026
Property history2 events
DateEventPriceChange
Aug 4, 2026Price Decrease$1,975,000−$5,000 (−0.3%)
Jul 1, 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 $1,975,000
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

$14,211 / mo

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

Estimated monthly payment $14,211

Principal & interest
$9,987
Property taxes
$2,578
Homeowners insurance
$1,646

*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$1,580,000$17,660$102,180$1,562,340
2$1,562,340$18,843$100,997$1,543,497
3$1,543,497$20,105$99,735$1,523,392
4$1,523,392$21,451$98,389$1,501,941
5$1,501,941$22,888$96,952$1,479,053
6$1,479,053$24,421$95,419$1,454,633
7$1,454,633$26,056$93,784$1,428,577
8$1,428,577$27,801$92,039$1,400,776
9$1,400,776$29,663$90,177$1,371,112
10$1,371,112$31,650$88,190$1,339,463
  • Year 1$1,562,340
    Principal paid
    $17,660
    Interest paid
    $102,180
    Starting balance
    $1,580,000
  • Year 2$1,543,497
    Principal paid
    $18,843
    Interest paid
    $100,997
    Starting balance
    $1,562,340
  • Year 3$1,523,392
    Principal paid
    $20,105
    Interest paid
    $99,735
    Starting balance
    $1,543,497
  • Year 4$1,501,941
    Principal paid
    $21,451
    Interest paid
    $98,389
    Starting balance
    $1,523,392
  • Year 5$1,479,053
    Principal paid
    $22,888
    Interest paid
    $96,952
    Starting balance
    $1,501,941
  • Year 6$1,454,633
    Principal paid
    $24,421
    Interest paid
    $95,419
    Starting balance
    $1,479,053
  • Year 7$1,428,577
    Principal paid
    $26,056
    Interest paid
    $93,784
    Starting balance
    $1,454,633
  • Year 8$1,400,776
    Principal paid
    $27,801
    Interest paid
    $92,039
    Starting balance
    $1,428,577
  • Year 9$1,371,112
    Principal paid
    $29,663
    Interest paid
    $90,177
    Starting balance
    $1,400,776
  • Year 10$1,339,463
    Principal paid
    $31,650
    Interest paid
    $88,190
    Starting balance
    $1,371,112
First 10 of 30 years

Nearby

Courtesy of Keller Williams - Lake Travis · (512) 263-9090

Listings courtesy of ACTRIS as distributed by MLS GRID.