23601 Old Ferry Road 1
- $2,850,000 REDUCED
- 39.66 Acres Land Spicewood, TX 78669
Historic Pedernales River Ranch. Steeped in Texas history and stewarded by the Paul family since the 1950s, this extraordinary 39.66-acre ranch has exchanged hands only three times since the original Texas land grant of 1836. Rarely does a property with such heritage and potential become available, offering a unique opportunity to bring your vision to life in the heart of the Hill Country. Currently Agricultural Exempt, the property is fully fenced and features multiple level building sites ideal for a homestead, ranch headquarters, or future development. The land appears to not be zoned or located within an ETJ, providing incredible flexibility for both residential and commercial possibilities. The topography is mostly flat with gentle elevation changes that slope toward a Pedernales River slough, where you’ll also find the unique and storied “living cave.” Walking access down to the slough provides scenic beauty and recreation, while higher ground outside the partial floodplain ensures plenty of usable space for construction. The property already has a water well and electrical is available, with a septic system needed for future improvements. Stands of mature oaks and native vegetation are scattered throughout, all set against a backdrop of iconic Texas sunsets. With only very light, seller-imposed restrictions, this land is truly ready for development and offers exceptional potential for commercial ventures. Located in the highly acclaimed Lake Travis ISD and less than a 10-minute drive to Pace Bend Park, this property offers unmatched versatility, natural beauty, and a legacy that stretches back to the earliest days of the Republic. Whether your dream is a private ranch retreat, an agricultural enterprise, or a commercial project with deep Texas roots, this is a rare chance to own a piece of Texas history and create something extraordinary.
Essential Information
- MLS® #5278943
- Price$2,850,000
- Bathrooms0.00
- Acres39.66
- TypeLand
- Sub-TypeOther
- StatusActive
Community Information
- Address23601 Old Ferry Road 1
- SubdivisionN/A
- CitySpicewood
- CountyTravis
- StateTX
- Zip Code78669
Amenities
- FeaturesSee Remarks
- Is WaterfrontYes
Utilities
Electricity Available, Water Available
View
Hills, Panoramic, Rural, River, Trees/Woods, Water
Waterfront
River Front, See Remarks, Waterfront
School Information
- DistrictLake Travis ISD
- ElementarySerene Hills
- MiddleLake Travis
- HighLake Travis
Map & Directions
View in Google MapsPrice Change History for 23601 Old Ferry Road 1, Spicewood, TX (MLS® #5278943)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced (from $2,900,000) | $2,850,000 | $50,000 (1.72%) |
Property Listed by: Longhorn Realty, Llc
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 June 8th, 2026 at 12:00am CDT. 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.