23705 Old Ferry RD # 15, Spicewood TX 78669
Spicewood, TX 78669 · Milam Ranch
Single Family Residence for sale in Milam Ranch
Overview
Property Description
Perched on approximately 4.5 private acres atop a high bluff with 400 feet of waterfront on the Pedernales River arm of Lake Travis, this award-winning custom home is a rare expression of architecture, landscape, and sustainability. Designed in 1998 by Kevin Alter and David Heymann, the residence received the AIA Austin Honor Award and was featured in Texas Architect magazine. The home is organized into north and south wings connected by a dramatic 96-foot covered deck facing west—ideal for cool morning breakfasts, Hill Country sunsets, and near-constant breezes. Floor-to-ceiling windows, clerestory ventilation, fully insulated 6” exterior walls, and ceiling fans throughout support a thoughtfully engineered, energy-efficient design that encourages natural cross-ventilation and minimal HVAC use. The north wing offers an open living, dining, and kitchen space with granite counters, custom cabinetry, limestone fireplace, and expansive glazing for abundant natural light. The primary suite features granite finishes and a large walk-in shower. The south wing includes three bedrooms, a full bath, laundry, and a two-car garage, separated by a breezeway that channels prevailing southerly winds. Notable upgrades include solar panels (2020), rainwater collection providing the sole water source since 2010, two new Trane HVAC systems (2024), updated septic pump, and a private dock with boat slip. Cat5 ethernet outlets throughout support modern connectivity and home automation. This is a distinctive, architecturally significant waterfront retreat offering privacy, sustainability, and timeless design—ready for its next steward.
Financial Info
- Price
- $1,450,000
- $ / Sqft
- $511
- HOA
- None
- Tax Rate
- 1.74%
- Est. Taxes
- $9,064.03
- Tax Year
- 2025
- Exemptions
- Homestead, Over 65
Legal Info
- Address
- 23705 Old Ferry RD # 15
- County
- Travis
- City
- Spicewood
- State
- TX
- Zip
- 78669
- Subdivision
- Milam Ranch
- Legal Description
- LOT 18 & 19 MILAM RANCH
- Parcel
- 05600701060000
Interior Features
- Floor
- Carpet, Stone, Wood
- Num Living
- 1
- Dining
- 1
- Kitchen
- Breakfast Bar, Granite Counters
- Appliances
- Built-In Gas Range, Built-In Oven(s), Dishwasher, RNGHD
- Laundry
- In Garage, Laundry Room, Outside
- Master Bed
- Primary Bedroom on Main, Walk-In Closet(s)
- Master Main
- Yes
- Fireplaces
- 1
- Fireplace Description
- Family Room, Stone, Wood Burning
- Interior Features
- Breakfast Bar, High Ceilings, Granite Counters, Primary Bedroom on Main, Study/Home Office, Walk-In Closet(s), See Remarks, Blinds, Double Pane Windows, Screens
General Info
- Beds
- 4 Total / 3 Main Level / 1 Other Level
- Full / Half Baths
- 2 / 1
- Prop Type
- Residential
- Property Type
- Single Family Residence
- Stories
- 2
- Year Built
- 1998 / Resale
- Square Feet
- 2,837 / Public Records
- Garages
- 2
- Garage Desc
- Detached, Door-Single, Garage, Garage Door Opener
- Foundation
- Slab
- Roof
- Metal
- Construction
- Metal Siding, Wood Siding
- Acres
- 4.55
- Lot Description
- Rock Outcropping, Many Trees, Views
- Restrictions
- Deed Restrictions
- Flood Plain
- Partial, Yes-100 yr
- View
- Hill Country, River, Trees/Woods, Water
- Water Access
- Yes
- Waterfront
- Yes
- Area
- LS
Utility Info
- Water
- See Remarks
- Sewer
- Septic Tank
- Utilities
- Electricity Connected, Propane, Water Connected
- Heat
- Central
- A C
- Central Air
Exterior Features
- Fence
- Partial, Wire
- Exterior Features
- Boat Dock - Private, Boat Slip, Uncovered Courtyard, Gutters Full, Covered, Deck, Rear Porch
- Pool On Property
- No
- Area Amenities
- None
Rooms
Main level
- Primary Bedroom
Ceiling Fan(s), Sitting/Study Room, Recessed Lighting, Vaulted Ceiling(s), Walk-In Closet(s)
- Primary Bathroom
GranCnt, Dual Vanity, Walk-in Shower
- Kitchen
Breakfast Bar, Ceiling Fan(s), GranCnt, Eat In Kitchen, Recessed Lighting
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Feb 13, 2026 | New Listing | — |
Taxes
TCAD account 356912
Uses rates from the supplied 2026 TCAD package. The file does not identify adopted or proposed status.
| Taxing Entity | Rate per $100 | Taxable Value | Estimated Tax |
|---|---|---|---|
| LAKE TRAVIS ISDTax ceiling applied | 1.039700 | $939,576 | $2,037.61 |
| TRAVIS CO ESD NO 16 | 0.077500 | $1,428,094 | $1,106.77 |
| TRAVIS CO ESD NO 8 | 0.093015 | $1,428,094 | $1,328.34 |
| TRAVIS COUNTY | 0.375845 | $994,307 | $3,737.05 |
| TRAVIS COUNTY HEALTHCARE DISTRICT | 0.118023 | $942,576 | $1,112.46 |
| Ordinary property tax estimate | 1.704083 | $9,322.23 |
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
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.
| Year | Appraised Value | Combined Rate per $100 | Annual Taxes Billed |
|---|---|---|---|
| 2025 | — | 1.704083 | $9,788.98 |
| 2024 | — | 1.676014 | $9,711.07 |
| 2023 | — | 1.633447 | $8,764.09 |
| 2022 | — | 1.782023 | $11,653.74 |
| 2021 | — | 1.884279 | $11,899.54 |
| 2020 | — | 1.998565 | $11,596.24 |
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.
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
Estimated monthly payment
$9,295 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $9,295
- Principal & interest
- $7,332
- Property taxes
- $755
- 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.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal 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
Nearby
12 closest listings to 23705 Old Ferry RD # 15, Spicewood TX 78669 (within 2 miles).
Courtesy of Moreland Properties · (512) 480-0848
Listings courtesy of ACTRIS as distributed by MLS GRID.