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ActiveMLS #5245206

3220 Fall Creek Estates DR, Spicewood TX 78669

Spicewood, TX 78669 · Paleface Homesteads

Single Family Residence for sale in Paleface Homesteads

7Bedrooms
8 full / 5 halfBathrooms
11,300Square Ft
25.00Acres
7Garage
2001Year Built
1 / 40
$7,950,000
3D tour

Overview

Property Description

Set on 25 scenic acres with about .2 miles of frontage along the Pedernales River and Fall Creek, this Spanish-inspired estate blends timeless architecture, luxury amenities, and Hill Country beauty just 30 minutes from Austin. Larger acreage option available. Designed with classic Spanish character, the home showcases Saltillo tile floors, hand-plastered walls, exposed wood beams, custom ironwork, and artisan lighting that create a warm, sophisticated atmosphere throughout. The estate encompasses more than 11,300 square feet across a luxurious main residence and private guest house, offering 7 bedrooms, 8 full baths, 5 half baths, four fireplaces, and exceptional spaces for entertaining and everyday living. The 7,300-square-foot main residence boasts expansive living areas, a chef's kitchen with butler's kitchen, wine room, fitness room, whole-home audio, and seamless outdoor entertaining. The 3,000 plus sq ft guest house offers three bedrooms, a full kitchen, living areas, and its own fireplace, ideal for guests or multigenerational living. Outside, four patios spanning three levels overlook the heated pool and spa, while the fully equipped outdoor kitchen creates an inviting setting for entertaining against the backdrop of the Texas Hill Country. A 1,000 plus square-foot hobby shop, more than 3,300 square feet of garage space, three private water wells with 20,000 plus gallons of storage, and an elegant gated entrance further elevate the property's functionality and privacy. A private boat ramp and portable HOA dock provide easy access for boating, watersports, and some of the best white bass fishing in Texas, while the surrounding landscape offers a peaceful retreat rich in native wildlife and natural beauty. Located near Austin Golf Club, Barton Creek Lakeside, Lakecliff Golf Club, Loraloma, and Travis Club, this estate pairs riverfront tranquility with world-class golf, wineries, and dining and everything the Texas Hill Country has to offer.

Financial Info
Price
$7,950,000
$ / Sqft
$704
HOA
Yes - Mandatory / $3,600 / Annually
HOA Name
Paleface Homesteads
HOA Includes
See Remarks
Tax Rate
1.495914%
Est. Taxes
$48,619
Tax Year
2025
Exemptions
Homestead, Over 65
Legal Info
Address
3220 Fall Creek Estates DR
County
Travis
City
Spicewood
State
TX
Zip
78669
Subdivision
Paleface Homesteads
Legal Description
25+/- acres out of LOT 19 PALEFACE HOMESTEADS RESUB OF LOTS 8&9, LOT 20 PALEFACE HOMESTEADS RESUB OF LOTS 8&9, LOT 17 PALEFACE HOMESTEADS RESUB OF LOTS 8&9, and 20.353 AC OF LOT 18 PALEFACE HOMESTEADS RESUB OF LOTS 8&9
Parcel
05541901050000
Interior Features
Floor
Carpet, Concrete, Tile, Wood
Num Living
5
Dining
2
Kitchen
Granite Counters, Kitchen Island, Pantry
Appliances
Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Electric Oven, Double Oven, Refrigerator, Washer
Laundry
Laundry Room, Main Level
Master Bed
Double Vanity, Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplaces
4
Fireplace Description
Bedroom, Family Room, Fire Pit, Great Room, Living Room, Primary Bedroom, Wood Burning
Interior Features
Bar, Built-in Features, Ceiling Fan(s), High Ceilings, Granite Counters, Double Vanity, Entrance Foyer, Interior Steps, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Natural Woodwork, Pantry, Primary Bedroom on Main, Sound System, Storage, Walk-In Closet(s), Wired for Sound, 24 Hour Security, Security System, Security System Owned, Smoke Detector(s), Double Pane Windows
General Info
Beds
7 Total / 3 Main Level / 4 Other Level
Full / Half Baths
8 / 5
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
2001 / Resale
Square Feet
11,300 / Owner
Garages
7
Garage Desc
Attached, Garage
Foundation
Slab
Roof
Spanish Tile, Tile
Construction
Stone, Stucco
Acres
25.00
Lot Description
See Remarks, Back Yard, Front Yard, Gentle Sloping, Landscaped, Native Plants, Private, Rock Outcropping, Split Possible, Sprinkler - Automatic, Sprinkler - Back Yard, Sprinklers In Front, Sprinkler - In-ground, Sprinkler - Side Yard, Many Trees, Views
Restrictions
Deed Restrictions
Flood Plain
Partial, Yes-100 yr
View
See Remarks, Creek/Stream, Hill Country, Panoramic, River, Trees/Woods
Water Access
Yes
Waterfront
Yes
Area
LS
Utility Info
Water
Private, Well
Sewer
Septic Tank
Utilities
Electricity Connected, Other
Heat
Central, Electric, Fireplace(s), Heat Pump, Zoned
A C
Ceiling Fan(s), Central Air, Electric, Multi Units, Zoned
Exterior Features
Fence
Back Yard, Gate, Partial
Exterior Features
Balcony, Barbecue, Boat Ramp, Uncovered Courtyard, Exterior Steps, Gas Grill, Gutters Full, Lighting, Outdoor Grill, Private Entrance, Private Yard, Awning(s), Covered, Deck, Front Porch, Patio, Porch, Rear Porch
Pool On Property
Yes
Area Amenities
See Remarks

Price history

Members only
Days on market
$7,950,000
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
Marble Falls ISD
Elementary
Marble Falls
Middle
Marble Falls
High
Marble Falls

Maps

Financing

Your preferences

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

Saved on this device

List price $7,950,000
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

$50,877 / mo

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

Estimated monthly payment $50,877

Principal & interest
$40,200
Property taxes
$4,052
Homeowners insurance
$6,625

*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$6,360,000$71,087$411,307$6,288,913
2$6,288,913$75,848$406,546$6,213,064
3$6,213,064$80,928$401,466$6,132,137
4$6,132,137$86,348$396,047$6,045,789
5$6,045,789$92,131$390,264$5,953,658
6$5,953,658$98,301$384,094$5,855,357
7$5,855,357$104,884$377,510$5,750,473
8$5,750,473$111,908$370,486$5,638,565
9$5,638,565$119,403$362,991$5,519,161
10$5,519,161$127,400$354,994$5,391,762
  • Year 1$6,288,913
    Principal paid
    $71,087
    Interest paid
    $411,307
    Starting balance
    $6,360,000
  • Year 2$6,213,064
    Principal paid
    $75,848
    Interest paid
    $406,546
    Starting balance
    $6,288,913
  • Year 3$6,132,137
    Principal paid
    $80,928
    Interest paid
    $401,466
    Starting balance
    $6,213,064
  • Year 4$6,045,789
    Principal paid
    $86,348
    Interest paid
    $396,047
    Starting balance
    $6,132,137
  • Year 5$5,953,658
    Principal paid
    $92,131
    Interest paid
    $390,264
    Starting balance
    $6,045,789
  • Year 6$5,855,357
    Principal paid
    $98,301
    Interest paid
    $384,094
    Starting balance
    $5,953,658
  • Year 7$5,750,473
    Principal paid
    $104,884
    Interest paid
    $377,510
    Starting balance
    $5,855,357
  • Year 8$5,638,565
    Principal paid
    $111,908
    Interest paid
    $370,486
    Starting balance
    $5,750,473
  • Year 9$5,519,161
    Principal paid
    $119,403
    Interest paid
    $362,991
    Starting balance
    $5,638,565
  • Year 10$5,391,762
    Principal paid
    $127,400
    Interest paid
    $354,994
    Starting balance
    $5,519,161
First 10 of 30 years

Nearby

Courtesy of Keller Williams Realty · (512) 448-4111

Listings courtesy of ACTRIS as distributed by MLS GRID.