ActiveResidential · sale

27206 Waterfall Hill

Spicewood, TX 78669

$1,999,999

  • 3 beds
  • 5 baths
  • 4,129 sq ft
  • 0.71 acres
  • Built 2008

Listed by The Elite Property Group · MLS #ACT4896097

A FEW THINGS TO NOTICE

What stands out.

Details worth a look

Upon entering, you are met with an expansive light filled great room, all open to the dining and kitchen area, boasting 18' high wood beams/wood ceiling, 2 stunning chandeliers, ceramic tile floors, laid in offset European fashion, and all overlooking the backyard living space, complete with a spacious covered 14'x44' patio with another fireplace, perfect for entertaining, and large gatherings.

Year built

Built in 2008.

Garage parking

3 garage spaces listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Discover luxury living in this opulent estate featuring a timeless stucco exterior with a rolled barrel clay tile roof. This inviting facade sets the stage for the grandeur inside. Rustic elegance is found in this Santa Barbara style single story, perched above the 11th signature hole viewing the stunning waterfall in the exclusive Barton Creek Lakeside. Spanning over 4129sf are 3 bedroom, 5 full bath, and 3 car garage with built-in storage on 2 sides, offering the perfect combination of fine living and functionality. The grand interiors immediately captivate. Upon entering, you are met with an expansive light filled great room, all open to the dining and kitchen area, boasting 18' high wood beams/wood ceiling, 2 stunning chandeliers, ceramic tile floors, laid in offset European fashion, and all overlooking the backyard living space, complete with a spacious covered 14'x44' patio with another fireplace, perfect for entertaining, and large gatherings. Relax in the pool or enjoy playing on the bocci court below. Perfectly appointed private owner's suite that offers 14' shuttered windows, gorgeous chandelier and a luxurious 14' in-suite complete bath with Jacuzzi tub, shower with a convenient connecting utility room. Massive library with 12' high ceilings, stone fireplace and lined with custom bookshelves, all taking in the views out back. The View! Serene setting looking out over the community below and hills beyond. This property was crafted for effortless living and exceptional entertaining. Located in the private country club community of Barton Creek Lakeside with an 18-hole Arnold Palmer designed golf course, Olympic size pool, fitness center, tennis/pickle ball courts and private club with dining. Golf and Social Membership are available. 24 hour guarded/gated main entry, Lake Travis access via private community boat launch with available boat slips for leased. 7 man-made lakes throughout the area with vast topography changes, make for this amazing setting.

THE NEIGHBORHOOD

Explore the location.

27206 Waterfall Hill, Spicewood, TX 78669

Loading property map…

Map position comes from the listing source. Open directions in Google Maps

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2008
Full baths
5
Half baths
0
Garage spaces
3
Cooling
Ceiling Fan(s), Central Air, Gas
Heating
Central, Fireplace(s), Propane
Appliances
Built-In Refrigerator, Cooktop, Dishwasher, Disposal, Gas Cooktop, Microwave
Flooring
Tile
Fencing
None
Accessibility
Accessible Approach with Ramp, Central Living Area, Accessible Closets, Accessible Doors, Accessible Full Bath, Accessible Kitchen, Accessible Kitchen Appliances
Pool features
In Ground
Subdivision
Barton Creek Lakeside, Ranch
Parcel
5131
HOA
Barton Creek Lakeside POA
HOA amenities
Common Area Maintenance, See Remarks
HOA fee frequency
Annually
Elementary school
Spicewood (Marble Falls ISD)
Middle school
Marble Falls
High school
Marble Falls
Annual property tax
$14,940.20
HOA fee
$1,840.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$4,634.98
Estimated monthly rent$8,333.33
Cap rate3.03%

Annual operating income: $60,619.81

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

YOUR CAREER. YOUR NEXT CHAPTER.

Find your place in real estate.

Just getting started?

Explore real estate education and available licensing courses through ARTI Academics.

Become a real estate agent

Ready to work with ERA?

Discover the people, broker support, technology and education behind an ERA real estate career.

Join ERA Brokers

Moving for work?

Explore ERA Corporate Services for relocation assistance, employer programs, and information for veterans and military families.

Explore Corporate Services
Contact ERA about this property

Ask about this property.

27206 Waterfall Hill, Spicewood, TX 78669 · MLS #ACT4896097

Your preferred tour

Times are local to the property. Your tour is not scheduled until an agent confirms.

Your purchase plans

Property inquiries go to help@erabrokers.com.

More in Spicewood.

Listing information

MLS #ACT4896097 · Austin Board of Realtors

Listing brokerage: The Elite Property Group
Listing agent: Richard Naumann

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.