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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
$1,875,000$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
$1,875,000
$ / Sqft
$515
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

Days on market
−$105,000 (−5.3%)
$1,980,000 → $1,875,000
2
Price reductions
Active
Since Jul 1, 2026
Price trend
List priceJul 2026 → Oct 2026
Property history3 events
DateEventPriceChange
Oct 5, 2026Price Decrease$1,875,000−$100,000 (−5.1%)
Aug 4, 2026Price Decrease$1,975,000−$5,000 (−0.3%)
Jul 1, 2026New Listing

Taxes

2026 Estimated Property Taxes

TCAD account 374124

Uses rates from the supplied 2026 TCAD package. The file does not identify adopted or proposed status.

2026 taxing entities, rates per $100, taxable values and estimated taxes
Taxing EntityRate per $100Taxable ValueEstimated Tax
LAKE TRAVIS ISD1.039700$2,047,607$21,288.97
TRAVIS CO ESD NO 160.077500$2,047,607$1,586.90
TRAVIS CO ESD NO 80.093015$2,047,607$1,904.58
TRAVIS COUNTY0.375845$2,047,607$7,695.83
TRAVIS COUNTY HEALTHCARE DISTRICT0.118023$2,047,607$2,416.65
Ordinary property tax estimate1.704083$34,892.93

Informational estimate, not a tax bill or taxes paid. Exemptions and tax ceilings can make taxes differ from the combined rate multiplied by one taxable value. PID assessments and other special charges are excluded; collector coverage has not been established.

Source: Travis County

General Information
Owner
READING CHRISTOPHER JOHN & SHERRI CLEM
Legal
LOT 16 PALEFACE RANCH SUBD SEC 1
Geo ID
prop:374124
Acreage
3.97
Exemptions
Exemption Type
None on record
Tax Summary
MLS estimated annual taxes
$30,938
MLS tax year
2026
Historical Tax Summary

Annual taxes billed are the Tax Imposed amounts reported in the latest available Travis Tax Office statement. Exemptions and tax ceilings may prevent combined rate × taxable value from equaling the billed amount. Other collectors or assessments may not be included.

YearAppraised ValueCombined Rate per $100Annual Taxes Billed
2025$2,010,6991.704083$30,937.90
2024—1.676014$25,356.92
2023—1.633447$32,156.20
2022—1.782023$15,355.26
2021—1.884279$14,964.78
2020—1.998565$15,116.08

Source: Travis County

Combined rates exclude PID placeholder rates. Historical amounts reflect the statement’s snapshot and may change after later corrections; they do not describe payment status. Appraisal values come from the legacy CAD source.

Source: Travis County

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 $1,875,000
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

$13,622 / mo

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

Estimated monthly payment $13,622

Principal & interest
$9,481
Property taxes
$2,578
Homeowners insurance
$1,563

*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$1,500,000$16,766$97,006$1,483,234
2$1,483,234$17,889$95,884$1,465,345
3$1,465,345$19,087$94,685$1,446,259
4$1,446,259$20,365$93,407$1,425,894
5$1,425,894$21,729$92,043$1,404,165
6$1,404,165$23,184$90,588$1,380,981
7$1,380,981$24,737$89,035$1,356,244
8$1,356,244$26,394$87,379$1,329,850
9$1,329,850$28,161$85,611$1,301,689
10$1,301,689$30,047$83,725$1,271,642
  • Year 1$1,483,234
    Principal paid
    $16,766
    Interest paid
    $97,006
    Starting balance
    $1,500,000
  • Year 2$1,465,345
    Principal paid
    $17,889
    Interest paid
    $95,884
    Starting balance
    $1,483,234
  • Year 3$1,446,259
    Principal paid
    $19,087
    Interest paid
    $94,685
    Starting balance
    $1,465,345
  • Year 4$1,425,894
    Principal paid
    $20,365
    Interest paid
    $93,407
    Starting balance
    $1,446,259
  • Year 5$1,404,165
    Principal paid
    $21,729
    Interest paid
    $92,043
    Starting balance
    $1,425,894
  • Year 6$1,380,981
    Principal paid
    $23,184
    Interest paid
    $90,588
    Starting balance
    $1,404,165
  • Year 7$1,356,244
    Principal paid
    $24,737
    Interest paid
    $89,035
    Starting balance
    $1,380,981
  • Year 8$1,329,850
    Principal paid
    $26,394
    Interest paid
    $87,379
    Starting balance
    $1,356,244
  • Year 9$1,301,689
    Principal paid
    $28,161
    Interest paid
    $85,611
    Starting balance
    $1,329,850
  • Year 10$1,271,642
    Principal paid
    $30,047
    Interest paid
    $83,725
    Starting balance
    $1,301,689
First 10 of 30 years

Nearby

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

Listings courtesy of ACTRIS as distributed by MLS GRID.