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Crystal Olenbush

512-344-6000
  • 25400 Cove Drive

  • $1,225,000 REDUCED
  • 5 Beds, 4 Bath, 2897 SQ. Feet, 0.99 Acres Residential Spicewood, TX 78669

Peaceful waterfront retreat on the Pedernales River featuring two beautifully designed, light-filled homes— 2 bed/2 bath main residence and a 3 bed/2 bath guest house (2018)—offering exceptional flexibility for full-time living, hosting extended family, or generating strong short-term rental income when not in residence. Both homes showcase low-maintenance concrete floors, walls of windows, and an abundance of natural light, creating bright, airy interiors. Updated bathrooms, generously sized bedrooms, and a move-in-ready condition ensure comfort and ease for owners and guests alike. Enjoy approximately 130 feet of waterfront, complete with a private swim area and an impressive entertainment-focused 35x30 boat dock with additional covered lounging area, and self-leveling steps to the water—ideal for boating, paddle boarding, kayaking, or floating the river. Outdoor living is exceptional and designed for gathering, with a large stone patio offering multiple lounging zones, a covered outdoor kitchen and a spacious sitting area anchored by a stone wood-burning outdoor fireplace. A stunning 745 square ft covered deck spans the home, delivering sweeping river views and a peaceful, elevated treehouse-like experience your guests will rave about. Evenings are best enjoyed at the central fire pit area between the two homes, enhanced by cafe lighting and washer pits—perfect for relaxing after a day on the water. Additional highlights include ample parking, a 2-car garage, and thoughtful system upgrades including new roofs on both homes (September 2024), tankless water heaters and water softeners in both residences, and a reverse osmosis system in the main house. A rare opportunity to own a private, turn-key riverfront compound in the highly desirable Lake Travis / Pedernales River corridor, offering an unmatched blend of lifestyle, privacy, and income potential.

Essential Information

  • MLS® #5840281
  • Price$1,225,000
  • Bedrooms5
  • Bathrooms4.00
  • Full Baths4
  • Square Footage2,897
  • Acres0.99
  • Year Built2006
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusActive

Community Information

  • Address25400 Cove Drive
  • SubdivisionPoint Pedernales
  • CitySpicewood
  • CountyTravis
  • StateTX
  • Zip Code78669

Amenities

  • FeaturesNone
  • ParkingDriveway, Detached, Garage
  • # of Garages2
  • Is WaterfrontYes

Utilities

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View

Hills, Lake, River, Trees/Woods, Water

Waterfront

Waterfront, Boat Ramp/Lift Access

Interior

  • InteriorCarpet, Concrete
  • HeatingCentral
  • CoolingCentral Air
  • FireplaceYes
  • # of Fireplaces1
  • FireplacesFamily Room
  • # of Stories1
  • StoriesOne

Appliances

Dishwasher, Exhaust Fan, Disposal, Gas Range, Microwave, Oven, Propane Cooktop, Refrigerator, Range Hood, Self Cleaning Oven, Stainless Steel Appliance(s), Tankless Water Heater, Vented Exhaust Fan, Wine Refrigerator

Exterior

  • WindowsBlinds, Screens
  • RoofComposition
  • ConstructionMasonry, Stone
  • FoundationSlab

Exterior Features

Boat Lift, Barbecue, Dock, Gas Grill, Lighting, Rain Gutters, Fire Pit

Lot Description

Rolling Slope, Many Trees, Trees Large Size

School Information

  • DistrictMarble Falls ISD
  • ElementaryMarble Falls
  • MiddleMarble Falls
  • HighMarble Falls

Map & Directions

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Price Change History for 25400 Cove Drive, Spicewood, TX (MLS® #5840281)

Date Details Price Change
Price Reduced $1,225,000 $74,000 (5.70%)
Price Reduced $1,299,000 $100,000 (7.15%)
Price Reduced (from $1,450,000) $1,399,000 $51,000 (3.52%)

Property Listed by: Engel & Volkers Austin

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 July 11th, 2026 at 9:31am 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.