Fixer Upper Opportunity on 5.27 Acres in Paleface Ranch – Spicewood, TX. Tucked away in the sought-after Paleface Ranch subdivision and within the highly acclaimed Lake Travis ISD, this 5.27-acre property offers endless potential for the right buyer, and access to Pedernales River/Lake Travis with community park and boat ramp. The 2,949 square foot home features 3 bedrooms, 2 bathrooms, and a closed-in garage that serves as a versatile flex space—perfect for a game room, office, or guest suite. The home is ready for your vision and updates, with solid bones, a durable metal roof, and a layout ideal for customization. Surrounded by mature trees and natural landscape, the property offers exceptional privacy and a serene hill country setting. Whether you’re looking to renovate your dream home or invest in a high-potential property in a prestigious neighborhood, this is your chance to own a slice of peaceful Texas Hill Country just minutes from Lake Travis and all the amenities of Bee Cave, Lakeway and Austin. Bring your imagination and make it your own—opportunities like this in Paleface Ranch don’t come around often!
Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Common Grounds/Area, Community Mailbox, Equestrian Community, Gated, Lake
Built-In Electric Oven, Built-In Electric Range, Dishwasher, Microwave
Back Yard, Level, Many Trees, Native Plants, Private, Trees Medium Size
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced | $649,000 | $20,000 (2.99%) | |
| Price Reduced | $669,000 | $6,000 (0.89%) | |
| Price Reduced (from $689,000) | $675,000 | $14,000 (2.03%) |
Property Listed by: Re/max Ascension
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Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from February 14th, 2026 at 4:15am 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.
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