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Active Under ContractMLS #8929603

23625 Pedernales Canyon TRL, Spicewood TX 78669

Spicewood, TX 78669 · Pedernales Canyon

Single Family Residence for sale in Pedernales Canyon

3Bedrooms
2Bathrooms
1,433Square Ft
17.68Acres
0Garage
1984Year Built
1 / 33
$1,450,000

Overview

Property Description

Discover a rare opportunity to own 17.67 acres across two parcels in the heart of the Texas Hill Country, just minutes from Bee Cave and Lake Travis. This stunning property is defined by towering mature oaks, rolling terrain, and long-range Hill Country views, offering an exceptional setting for a private estate, family compound, or future redevelopment. The land is truly the highlight—featuring a rock-lined creek and pond (currently dry but full of potential), a seasonal stream winding through the property, and a charming wooden bridge that adds character and accessibility. The acreage is well-suited for horses or recreational use, with plenty of usable space and natural beauty in every direction. A gated entrance provides privacy and a sense of arrival. There are three existing structures on the property, offering flexibility for a variety of uses. The main home includes 3 bedrooms and 2 bathrooms. A separate guest cottage features a kitchenette, spacious living/entertaining area, one bedroom, and a full bath. A barn is also located on the property, providing additional storage or potential equestrian use. The existing improvements present an opportunity to update, repurpose, or build new to fully realize the property’s potential. Whether you’re looking to build your dream home, create a multi-generational retreat, or invest in a premier piece of land, this property delivers unmatched potential in a highly desirable location.

Financial Info
Price
$1,450,000
$ / Sqft
$1012
HOA
None
Tax Rate
1.66%
Est. Taxes
$8,887.49
Tax Year
2024
Exemptions
None
Legal Info
Address
23625 Pedernales Canyon TRL
County
Travis
City
Spicewood
State
TX
Zip
78669
Subdivision
Pedernales Canyon
Legal Description
ABS 13 SUR 1 GRITTEN E ACR 12.6760 and ABS 13 SUR 1 GRITTEN E ACR 4.9990
Parcel
05421604100000
Interior Features
Floor
Carpet, Tile, Wood
Num Living
1
Dining
1
Appliances
Free-Standing Electric Range
Laundry
Laundry Room
Master Main
Yes
Fireplaces
1
Fireplace Description
Living Room
Interior Features
Open Floorplan, None
General Info
Beds
3 Total / 3 Main Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
1984 / Resale
Square Feet
1,433 / Public Records
Garage Desc
Outside
Foundation
Slab
Roof
Metal
Construction
Stone
Acres
17.68
Lot Description
Cleared, Trees-Large (Over 40 Ft), Views
Restrictions
Deed Restrictions
Flood Plain
No
View
Hill Country, Trees/Woods
Water Access
No
Waterfront
No
Area
LS
Utility Info
Water
Well
Sewer
Septic Tank
Utilities
Sewer Connected, Water Connected
Heat
Central
A C
Central Air
Exterior Features
Fence
Gate
Exterior Features
See Remarks, None
Pool On Property
No
Area Amenities
None

Price history

Members only
Days on market
$1,450,000
List price
0
Price reductions
Active Under Contract
Since Apr 27, 2026
Property history2 events
DateEventPriceChange
May 21, 2026Active Under Contract
Apr 27, 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 $1,450,000
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

$9,281 / mo

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

Estimated monthly payment $9,281

Principal & interest
$7,332
Property taxes
$741
Homeowners insurance
$1,208

*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$1,160,000$12,966$75,018$1,147,034
2$1,147,034$13,834$74,150$1,133,200
3$1,133,200$14,760$73,223$1,118,440
4$1,118,440$15,749$72,235$1,102,691
5$1,102,691$16,804$71,180$1,085,887
6$1,085,887$17,929$70,055$1,067,958
7$1,067,958$19,130$68,854$1,048,828
8$1,048,828$20,411$67,573$1,028,417
9$1,028,417$21,778$66,206$1,006,640
10$1,006,640$23,236$64,747$983,403
  • Year 1$1,147,034
    Principal paid
    $12,966
    Interest paid
    $75,018
    Starting balance
    $1,160,000
  • Year 2$1,133,200
    Principal paid
    $13,834
    Interest paid
    $74,150
    Starting balance
    $1,147,034
  • Year 3$1,118,440
    Principal paid
    $14,760
    Interest paid
    $73,223
    Starting balance
    $1,133,200
  • Year 4$1,102,691
    Principal paid
    $15,749
    Interest paid
    $72,235
    Starting balance
    $1,118,440
  • Year 5$1,085,887
    Principal paid
    $16,804
    Interest paid
    $71,180
    Starting balance
    $1,102,691
  • Year 6$1,067,958
    Principal paid
    $17,929
    Interest paid
    $70,055
    Starting balance
    $1,085,887
  • Year 7$1,048,828
    Principal paid
    $19,130
    Interest paid
    $68,854
    Starting balance
    $1,067,958
  • Year 8$1,028,417
    Principal paid
    $20,411
    Interest paid
    $67,573
    Starting balance
    $1,048,828
  • Year 9$1,006,640
    Principal paid
    $21,778
    Interest paid
    $66,206
    Starting balance
    $1,028,417
  • Year 10$983,403
    Principal paid
    $23,236
    Interest paid
    $64,747
    Starting balance
    $1,006,640
First 10 of 30 years

Nearby

Courtesy of Compass RE Texas, LLC · (512) 575-3644

Listings courtesy of ACTRIS as distributed by MLS GRID.