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ActiveMLS #3978434

509 Coventry RD, Spicewood TX 78669

Spicewood, TX 78669 · Windermere Oaks

Single Family Residence for sale in Windermere Oaks

4Bedrooms
4 full / 1 halfBathrooms
3,441Square Ft
3.07Acres
2Garage
1984Year Built
Price Reduced
1 / 39
$749,000$1,050,000
3D tour

Overview

Property Description

Perched high above the sparkling waters of Lake Travis, 509 Coventry Rd is more than a home — it’s a private Hill Country retreat where breathtaking views, unforgettable sunsets, and peaceful surroundings create an everyday escape from the ordinary. Nestled on 3.07 private acres within a gated community, this fully furnished property offers the perfect blend of relaxation, entertainment, and investment opportunity. Whether you’re searching for a luxury second home, a memorable gathering place for family and friends, or a turnkey short-term rental, this one delivers. Designed with a unique three-level layout and elevated “treehouse” feel, the home comfortably sleeps up to 18 guests with 4 spacious bedrooms and 4.5 bathrooms. Expansive windows and outdoor living spaces capture panoramic views of Lake Travis and the rolling Hill Country from nearly every angle. The oversized top deck was made for entertaining — imagine sunset dinners, morning coffee overlooking the lake, and evenings under the stars with family and friends. Inside, recent updates including fresh interior and exterior paint and new flooring create a clean, modern feel while maintaining the home’s warm, inviting character. Additional features include: • Fully furnished and turnkey • Two HVAC systems for efficient comfort • Solar panels to help reduce energy costs • Roof replaced in 2022 • Oversized garage with ample storage for lake toys and gear • Boat ramp and dock access just 5 minutes away Residents also enjoy fantastic community amenities including: • Two swimming pools • Tennis court • Pavilion with outdoor kitchen for gatherings and events Life here feels peaceful, elevated, and connected to nature — yet still filled with fun, adventure, and possibility. Spend your days on the lake, your evenings soaking in endless Hill Country sunsets, and your weekends creating memories people will talk about for years to come. This is the kind of place people never want to leave.

Financial Info
Price
$749,000
$ / Sqft
$218
HOA
Yes - Mandatory / $710 / Annually
HOA Name
Windemere Oaks
HOA Includes
See Remarks, Common Area Maintenance
Tax Rate
1.3233%
Est. Taxes
$10,323
Tax Year
2025
Exemptions
None
Legal Info
Address
509 Coventry RD
County
Burnet
City
Spicewood
State
TX
Zip
78669
Subdivision
Windermere Oaks
Legal Description
S8650 WINDERMERE OAKS LOT 290-A 3.07
Parcel
08650000000290A00
Interior Features
Floor
Carpet, Tile, Vinyl
Num Living
2
Dining
3
Kitchen
Granite Counters, Eat-in Kitchen, Kitchen Island
Appliances
Built-In Electric Oven, Dishwasher, Disposal, Electric Cooktop
Laundry
Upper Level
Master Bed
Double Vanity, Walk-In Closet(s)
Master Main
No
Fireplaces
2
Fireplace Description
Bedroom, Family Room
Interior Features
2 Primary Suites, Bar, Ceiling Fan(s), Beamed Ceilings, High Ceilings, Granite Counters, Double Vanity, Electric Dryer Hookup, Eat-in Kitchen, In-Law Floorplan, Interior Steps, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Natural Woodwork, Recessed Lighting, Storage, Walk-In Closet(s), None, Double Pane Windows
General Info
Beds
4 Total / 4 Other Level
Full / Half Baths
4 / 1
Prop Type
Residential
Property Type
Single Family Residence
Stories
3
Year Built
1984 / Resale
Square Feet
3,441 / Public Records
Garages
2
Garage Desc
Additional Parking, Driveway, Garage
Foundation
Combination, Pillar/Post/Pier, Slab
Roof
Shingle
Construction
Wood Siding
Acres
3.07
Lot Description
Native Plants, Private, Public Maintained Road, Sloped Down, Steep Slope, Trees-Heavy, Trees-Large (Over 40 Ft), Views
Restrictions
Deed Restrictions
Flood Plain
See Remarks
View
Lake, Trees/Woods, Water
Water Access
Yes
Waterfront
Yes
Area
LW
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Electricity Connected, Water Connected
Heat
Central
A C
Central Air
Exterior Features
Fence
None
Exterior Features
Exterior Steps, Private Yard, Covered, Deck, Wrap Around
Pool On Property
No
Area Amenities
BBQ Pit/Grill, Common Grounds, Dog Park, Fishing, Gated, General Aircraft Airport, Lake, Picnic Area, Planned Social Activities, Pool

Price history

Days on market
−$301,000 (−28.7%)
$1,050,000 → $749,000
8
Price reductions
Active
Since Jun 7, 2026
Price trend
List priceMar 2026 → Oct 2026
Property history13 events
DateEventPriceChange
Oct 31, 2026Price Decrease$749,000−$26,000 (−3.4%)
Oct 27, 2026Price Decrease$775,000−$24,900 (−3.1%)
Sep 8, 2026Price Decrease$799,900−$45,100 (−5.3%)
Jul 28, 2026Price Decrease$845,000−$55,000 (−6.1%)
Jul 13, 2026Price Decrease$900,000−$30,000 (−3.2%)
Jul 9, 2026Price Decrease$930,000−$20,000 (−2.1%)
Jun 18, 2026Price Decrease$950,000−$50,000 (−5%)
Jun 7, 2026Back On Market
May 26, 2026Hold
May 10, 2026Back On Market
May 9, 2026Hold
May 6, 2026Price Decrease$1,000,000−$50,000 (−4.8%)
Apr 14, 2026New Listing

Taxes

Tax data isn’t available for this property’s county yet.

Schools

School Info
District
Marble Falls ISD
Elementary
Spicewood (Marble Falls ISD)
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 $749,000
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

$5,271 / mo

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

Estimated monthly payment $5,271

Principal & interest
$3,787
Property taxes
$860
Homeowners insurance
$624

*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$599,200$6,697$38,751$592,503
2$592,503$7,146$38,302$585,357
3$585,357$7,625$37,824$577,732
4$577,732$8,135$37,313$569,597
5$569,597$8,680$36,768$560,917
6$560,917$9,261$36,187$551,656
7$551,656$9,882$35,567$541,774
8$541,774$10,543$34,905$531,231
9$531,231$11,249$34,199$519,981
10$519,981$12,003$33,445$507,979
  • Year 1$592,503
    Principal paid
    $6,697
    Interest paid
    $38,751
    Starting balance
    $599,200
  • Year 2$585,357
    Principal paid
    $7,146
    Interest paid
    $38,302
    Starting balance
    $592,503
  • Year 3$577,732
    Principal paid
    $7,625
    Interest paid
    $37,824
    Starting balance
    $585,357
  • Year 4$569,597
    Principal paid
    $8,135
    Interest paid
    $37,313
    Starting balance
    $577,732
  • Year 5$560,917
    Principal paid
    $8,680
    Interest paid
    $36,768
    Starting balance
    $569,597
  • Year 6$551,656
    Principal paid
    $9,261
    Interest paid
    $36,187
    Starting balance
    $560,917
  • Year 7$541,774
    Principal paid
    $9,882
    Interest paid
    $35,567
    Starting balance
    $551,656
  • Year 8$531,231
    Principal paid
    $10,543
    Interest paid
    $34,905
    Starting balance
    $541,774
  • Year 9$519,981
    Principal paid
    $11,249
    Interest paid
    $34,199
    Starting balance
    $531,231
  • Year 10$507,979
    Principal paid
    $12,003
    Interest paid
    $33,445
    Starting balance
    $519,981
First 10 of 30 years

Nearby

Courtesy of Keller Williams Realty · (512) 346-3550

Listings courtesy of ACTRIS as distributed by MLS GRID.