ActiveResidential · sale

27017 Masters Parkway

Spicewood, TX 78669

$1,299,000

  • 4 beds
  • 4 baths
  • 4,041 sq ft
  • 0.72 acres
  • Built 2008

Listed by Coldwell Banker Realty · MLS #ACT4434073

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 2008.

Garage parking

2 garage spaces listed.

Property size

0.72 acres listed.

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

THE PROPERTY

Get to know the property.

Welcome to 27017 Masters Parkway, a custom stone estate offering timeless curb appeal, elegant interior finishes, and exceptional indoor-outdoor living. Set against scenic golf course views, this home combines classic architectural character with spaces designed for everyday comfort, entertaining, and relaxation. Inside, the home welcomes you with a spacious, naturally illuminated floor plan anchored by warm hardwood flooring, vaulted ceilings, and a dramatic stone fireplace. The open kitchen and dining areas provide an inviting hub for gathering, with stone countertops, rich finishes, and large windows that bring the outdoors in. The primary bedroom offers a comfortable retreat with hardwood flooring and a tray ceiling. The primary bath creates a spa-like atmosphere with dual vanities, rich cabinetry, a soaking tub, walk-in shower, privacy glass block window, and two large walk-in closets. Three additional bedrooms (two downstairs) two home offices, flexible bonus space, practical laundry room, and well-appointed baths provide versatility for family, guests, work, hobbies, and everyday living. The outdoor spaces are designed for relaxed luxury, featuring a screened porch with a rich redwood ceiling, a full outdoor kitchen, dining area, custom pool, and stone spa. Golf course fairways, mature oak trees, water views, and the natural stone details create a peaceful backdrop for entertaining, coffee in the morning or unwinding at the end of the day. 27017 Masters Parkway presents a rare opportunity to own a beautifully crafted custom home in the picturesque golf course community of Barton Creek Lakeside. BCL amenities include optional Social Club and Golf Club membership, access to Lake Travis, and a private marina.

THE NEIGHBORHOOD

Explore the location.

27017 Masters Parkway, Spicewood, TX 78669

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2008
Full baths
3
Half baths
1
Garage spaces
2
Cooling
Ceiling Fan(s), Central Air, Zoned
Heating
Central, Hot Water, Zoned
Appliances
Bar Fridge, Built-In Refrigerator, Convection Oven, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Range, Microwave, RNGHD, Refrigerator, Stainless Steel Appliance(s), Warming Drawer, Water Softener, Wine Refrigerator
Flooring
Carpet, Tile, Wood
Fencing
Back Yard, Fenced, Gate, Wrought Iron
Accessibility
None
Pool features
Gunite, In Ground, Outdoor Pool, Pool/Spa Combo, Waterfall
Subdivision
Barton Creek Lakeside
Parcel
27017 Masters Pkwy, Spicewood TX 78669
HOA
Barton Creek Lakeside HOA
HOA amenities
Landscaping, Maintenance Grounds, Security
HOA fee frequency
Annually
Elementary school
Spicewood (Marble Falls ISD)
Middle school
Marble Falls
High school
Marble Falls
HOA fee
$1,833.00

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
Estimated monthly rent$5,412.50
Cap rate

Annual operating income:

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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.

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27017 Masters Parkway, Spicewood, TX 78669 · MLS #ACT4434073

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Listing information

MLS #ACT4434073 · Austin Board of Realtors

Listing brokerage: Coldwell Banker Realty
Listing agent: Laura Wright

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