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Crystal Olenbush

512-344-6000
  • 20815 Colorado Drive W

  • $550,000 REDUCED
  • 4 Beds, 3 Bath, 2512 SQ. Feet, 0.51 Acres Residential Spicewood, TX 78669

Welcome to your Lake Travis Boat Lover's Dream Home! This exceptional property, located in the prestigious Lakewood Estates, offers unparalleled vistas of the lake and sits on a generous half-acre lot. Enjoy the benefits of a low tax rate, LTISD zoning, and a voluntary HOA, which make this property an ideal investment. Perfectly suited for the booming short-term rental market, the home can be sold fully furnished, ensuring a seamless transition for potential renters. Whether you’re a seasoned investor or new to the short-term rental market, this property presents a unique opportunity to generate consistent income while offering guests a memorable stay. The spacious wrap-around deck is designed to maximize your enjoyment of the breathtaking water panoramas, providing a perfect setting for relaxation and entertaining. Don’t miss out on this chance to own a versatile property in a vibrant and desirable location.

View More Properties in the Lake Travis School District.

Essential Information

  • MLS® #3056302
  • Price$550,000
  • Bedrooms4
  • Bathrooms3.00
  • Full Baths2
  • Half Baths1
  • Square Footage2,512
  • Acres0.51
  • Year Built1980
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusActive

Community Information

  • Address20815 Colorado Drive W
  • SubdivisionLakewood Estates
  • CitySpicewood
  • CountyTravis
  • StateTX
  • Zip Code78669

Amenities

  • ParkingDriveway, Parking Pad
  • WaterfrontLake Privileges, See Remarks

Utilities

Electricity Connected, Cable Connected, Other, Underground Utilities

Features

Common Grounds/Area, Park, Fishing, Lake

View

Panoramic, Trees/Woods, Hills, Lake, Water

Interior

  • InteriorCarpet, Tile, Wood
  • CoolingCentral Air
  • FireplaceYes
  • # of Fireplaces1
  • FireplacesNone
  • # of Stories2
  • StoriesTwo

Appliances

Cooktop, Electric Water Heater, Stainless Steel Appliance(s), Trash Compactor, Water Softener

Heating

Central, Electric, Fireplace(s)

Exterior

  • Exterior FeaturesBalcony
  • Lot DescriptionModerate Trees, Views
  • WindowsBlinds, Garden Window(s)
  • RoofComposition
  • ConstructionStone, Wood Siding
  • FoundationPillar/Post/Pier

School Information

  • DistrictLake Travis ISD
  • ElementaryWest Cypress Hills
  • MiddleLake Travis
  • HighLake Travis

Map & Directions

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Price Change History for 20815 Colorado Drive W, Spicewood, TX (MLS® #3056302)

Date Details Price Change
Price Reduced $550,000 $24,999 (4.35%)
Price Reduced $574,999 $24,001 (4.01%)
Price Reduced $599,000 $25,900 (4.14%)
Price Reduced (from $649,000) $624,900 $24,100 (3.71%)

Property Listed by: Keller Williams - Lake Travis

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from February 10th, 2025 at 7:26pm CST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.