11151 State Highway 71
Spicewood, TX 78669
$1,395,000
- 5 beds
- 5 baths
- 4,605 sq ft
- 2.5 acres
- Built 1984
Listed by HALLMARK LUXURY REAL ESTATE · MLS #ACT9247371
A FEW THINGS TO NOTICE
What stands out.
Details worth a look
The first residence offers 1,784 SF with 2 bedrooms, 2 baths, and a flexible office or dining space with a private deck overlooking a courtyard.
Year built
Built in 1984.
Garage parking
2 garage spaces listed.
Highlights from the listing description and property details. Confirm features with the listing agent.
THE PROPERTY
Get to know the property.
Designed for privacy, the property features three distinct residences, each with its own layout and outdoor space designed to capture the surrounding natural beauty. A long private drive provides ample parking, plus a two-car garage and detached carport.
Mixed zoning allows residential and commercial use, a rare find in this desirable Hill Country location. Horses are allowed, and the property benefits from a very low tax rate with no HOA.
All three residences were rebuilt from the studs in 2025, blending high-end finishes with a refined modern farmhouse aesthetic. Kitchens feature quartz countertops, custom cabinetry, and new appliances, while updates include luxury vinyl plank flooring, energy-efficient windows, upgraded insulation, and new HVAC systems.
The first residence offers 1,784 SF with 2 bedrooms, 2 baths, and a flexible office or dining space with a private deck overlooking a courtyard. The middle residence offers 1,440 SF with 2 bedrooms, 2 baths, an office, and a private courtyard and deck. The third residence, above the garage, offers 1,381 SF with elevated Hill Country views, open living areas, and a spacious bedroom and bath.
Conveniently located just off Highway 71 with easy access to Bee Cave, Marble Falls, and Lake Travis, this one-of-a-kind property offers a rare combination of acreage, mixed zoning, income potential, and Hill Country lifestyle in one exceptional setting.
No restrictions and short-term rentals allowed, including Airbnb and VRBO.
THE NEIGHBORHOOD
Explore the location.
11151 State Highway 71, 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
- 1984
- Full baths
- 5
- Half baths
- 0
- Garage spaces
- 2
- Cooling
- Ceiling Fan(s), Central Air, Electric, Zoned
- Heating
- Central, Electric, Hot Water, Propane
- Appliances
- Dishwasher, Disposal, Dryer, Electric Range, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Washer/Dryer, Washer/Dryer Stacked, Tankless Water Heater, Water Softener
- Flooring
- No Carpet, Tile, Vinyl, Wood
- Fencing
- See Remarks, Back Yard, Electric, Fenced, Front Yard, Full, Gate, Perimeter, Privacy, Security, Stone, Wood, Wrought Iron
- Accessibility
- See Remarks
- Pool features
- None
- Subdivision
- A1868 - (SMFA) SOUTH OF MF ACREAGE
- Parcel
- 11151 State Highway 71
- Elementary school
- Spicewood (Marble Falls ISD)
- Middle school
- Marble Falls
- High school
- Marble Falls
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.
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.
Understand the opportunity.
Review rental pricing, property condition and your ownership goals with a local professional.
Make a strong first impression.
Bring together property preparation, professional marketing and applicant screening.
Stay connected to your investment.
Get support with rent collection, resident communication, maintenance coordination and owner reporting.

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 ManagementResidential 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 agentReady to work with ERA?
Discover the people, broker support, technology and education behind an ERA real estate career.
Join ERA BrokersMoving for work?
Explore ERA Corporate Services for relocation assistance, employer programs, and information for veterans and military families.
Explore Corporate ServicesContact ERA about this property
Ask about this property.
11151 State Highway 71, Spicewood, TX 78669 · MLS #ACT9247371
More in Spicewood.
Listing information
MLS #ACT9247371 · Austin Board of Realtors
Listing brokerage: HALLMARK LUXURY REAL ESTATE
Listing agent: Stacy Hallmark
Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

$399,000
$915,000
$499,000