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ActiveMLS #3525939

501 Alva DR, Spicewood TX 78669

Spicewood, TX 78669 · Briarcliff

Single Family Residence for sale in Briarcliff

3Bedrooms
2 full / 1 halfBathrooms
2,978Square Ft
0.43Acres
2Garage
2019Year Built
1 / 40
$750,000

Overview

Property Description

Welcome to 501 Alva Drive, an elegant custom Hill Country retreat where thoughtful design, refined finishes, and the relaxed Lake Travis lifestyle come together beneath mature oak trees. Set on a beautifully landscaped .43-acre homesite in Briarcliff, this nearly 2,978-square-foot residence offers 3 bedrooms, 2.5 baths, a spacious game room or 4th bedroom, and inviting spaces for living and entertaining. Soaring ceilings, rich hardwood floors, designer lighting, and abundant natural light create a sophisticated yet welcoming atmosphere. The beautifully appointed kitchen features a generous island, stone countertops, farmhouse sink, butler’s pantry, and ample storage. It flows into an oversized dining area and dramatic two-story living room, where sliding glass doors open to the covered patio and landscaped backyard. The main-level primary suite features custom millwork and a spa-inspired bath with Carrara marble, soaking tub, oversized walk-in shower with mosaic tile, and custom closet with direct laundry access. A main-level study alcove with built-in desk and storage provides a convenient workspace. Upstairs, two additional bedrooms and the spacious game room enjoy views toward Lake Travis, while the covered balcony offers a place to take in the lake and Hill Country scenery. A covered front porch, expansive back patio, mature oaks, and landscaped yard complement the natural setting. A custom wood privacy fence with bull wire accents adds character. Upgraded 2x6 exterior wall construction provides enhanced insulation, durability, and energy efficiency. Briarcliff amenities include Lake Travis access, marina and boat launch, 9-hole golf course, hike and bike trails, pickleball and tennis courts, dog park, playgrounds, picnic areas, and community recreation spaces. Elegant yet relaxed, 501 Alva Drive captures the beauty, recreation, and easygoing character of the Texas Hill Country and Lake Travis lifestyle.

Financial Info
Price
$750,000
$ / Sqft
$252
HOA
Yes - Mandatory / $320 / Annually
HOA Name
Briarcliff Property Management Association
HOA Includes
Common Area Maintenance
Tax Rate
1.78%
Est. Taxes
$12,134
Tax Year
2025
Exemptions
Homestead, Over 65
Legal Info
Address
501 Alva DR
County
Travis
City
Spicewood
State
TX
Zip
78669
Subdivision
Briarcliff
Legal Description
LOT 75 BRIARCLIFF INC SEC 1
Parcel
05560105050000
Interior Features
Floor
Tile, Wood
Num Living
1
Dining
1
Kitchen
Breakfast Bar, Kitchen Island, Pantry
Appliances
Dishwasher, Disposal, Dryer, Electric Cooktop, Exhaust Fan, Microwave, Electric Oven, RNGHD, Self Cleaning Oven, Vented Exhaust Fan
Laundry
Laundry Room, Main Level
Master Bed
Double Vanity, Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplaces
1
Fireplace Description
Wood Burning
Interior Features
Breakfast Bar, Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Quartz Counters, Double Vanity, Kitchen Island, Natural Woodwork, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Soaking Tub, Storage, Study/Home Office, Walk-In Closet(s), Washer Hookup, See Remarks, Insulated Windows, Plantation Shutters, Screens, Shutters, Window Coverings, Window Treatments
General Info
Beds
3 Total / 1 Main Level / 2 Other Level
Full / Half Baths
2 / 1
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
2019 / See Remarks
Square Feet
2,978 / Public Records
Garages
2
Garage Desc
Garage
Foundation
Slab
Roof
Composition, Metal, Shingle
Construction
HardiPlank Type, Masonry – Partial, Stone
Acres
0.43
Lot Description
Back Yard, Corner Lot, Front Yard, Landscaped, Near Golf Course, Private, Many Trees, Views
Restrictions
Deed Restrictions
Flood Plain
No
View
Hill Country, Lake, Neighborhood, Panoramic, Park/Greenbelt, Trees/Woods
Water Access
No
Waterfront
No
Area
LS
Utility Info
Water
Public
Sewer
Septic Tank
Utilities
Electricity Connected, Phone Available, Water Connected
Heat
Central, Electric
A C
Central Air, Electric
Exterior Features
Fence
Back Yard, Fenced, Full
Exterior Features
Balcony, Garden, Gutters Partial, Private Yard, Covered, Patio, Porch
Pool On Property
No
Area Amenities
Clubhouse, Common Grounds, Dog Park, High Speed Internet, Lake, Park, Picnic Area, Planned Social Activities, Playground, Restaurant, Sport Court(s)/Facility

Rooms

Rooms1 room

Main level

  • Primary Bedroom

Price history

Members only
Days on market
$750,000
List price
0
Price reductions
Active
Since Sep 28, 2026
Property history0 events

No price or status changes recorded yet.

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 $750,000
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

$5,428 / mo

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

Estimated monthly payment $5,428

Principal & interest
$3,792
Property taxes
$1,011
Homeowners insurance
$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$600,000$6,706$38,803$593,294
2$593,294$7,155$38,353$586,138
3$586,138$7,635$37,874$578,503
4$578,503$8,146$37,363$570,357
5$570,357$8,692$36,817$561,666
6$561,666$9,274$36,235$552,392
7$552,392$9,895$35,614$542,497
8$542,497$10,557$34,951$531,940
9$531,940$11,264$34,244$520,676
10$520,676$12,019$33,490$508,657
  • Year 1$593,294
    Principal paid
    $6,706
    Interest paid
    $38,803
    Starting balance
    $600,000
  • Year 2$586,138
    Principal paid
    $7,155
    Interest paid
    $38,353
    Starting balance
    $593,294
  • Year 3$578,503
    Principal paid
    $7,635
    Interest paid
    $37,874
    Starting balance
    $586,138
  • Year 4$570,357
    Principal paid
    $8,146
    Interest paid
    $37,363
    Starting balance
    $578,503
  • Year 5$561,666
    Principal paid
    $8,692
    Interest paid
    $36,817
    Starting balance
    $570,357
  • Year 6$552,392
    Principal paid
    $9,274
    Interest paid
    $36,235
    Starting balance
    $561,666
  • Year 7$542,497
    Principal paid
    $9,895
    Interest paid
    $35,614
    Starting balance
    $552,392
  • Year 8$531,940
    Principal paid
    $10,557
    Interest paid
    $34,951
    Starting balance
    $542,497
  • Year 9$520,676
    Principal paid
    $11,264
    Interest paid
    $34,244
    Starting balance
    $531,940
  • Year 10$508,657
    Principal paid
    $12,019
    Interest paid
    $33,490
    Starting balance
    $520,676
First 10 of 30 years

Nearby

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

Listings courtesy of ACTRIS as distributed by MLS GRID.