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Paleface Ranch Rd, Spicewood, TX, 78669

6beds
4baths
4,400sqft
$5,000,000
$1,136price/sqft
$33,822/moest. monthly cost
$1,352,880/yrincome needed

About This Home

Step into the magic of Cypress Valley - a one-of-a-kind property where adventure, beauty, and opportunity come together. Multiple acreage options available to fit your unique vision. Located just 45 minutes from downtown Austin, 20 minutes from Hill Country Galleria/Bee Cave, and 30 minutes from Horseshoe Bay Resort and Marble Falls, home to a 6,000 ft airstrip, this property offers a secluded haven with convenient access to Austin's vibrant offerings. With 1,884 feet of paved road frontage on Paleface Ranch Road and multiple entrances, the property ensures both accessibility and exclusivity. This special property is the birthplace of the award-winning design firm Artistree Home and offers limitless potential for both personal enjoyment and business opportunity. The gated 32A± acre property is bordered by the prestigious Austin Golf Club and is ideally situated just minutes from Lora Loma Private Club and Estates-an Arete Collective development known for its world-class design, sustainability, and lifestyle-driven amenities. This prime location is also surrounded by renowned vineyards, Lake Travis, and the future sites of Canyon Ranch, a luxury spa resort, and Thomas Ranch, a thoughtfully planned high-end community featuring premium retailers, dining, cultural experiences, and commercial spaces. Located less than a mile from Highway 71, the property offers a secluded feel while still providing convenient access to all that Austin has to offer. The heart of this retreat is 1,630 feet of spring-fed year-round creek frontage, lined with ancient cypress trees - some over 800 years old - creating a serene and picturesque setting. There is a reliable water well that provides ample water supply for your vision. At its core sits a stunning 4,400 sq ft ranch house, featuring 6 spacious bedrooms, 3.5 luxurious baths, and an open floor plan designed for modern living. The gourmet kitchen, a haven for culinary enthusiasts, flows seamlessly into living areas with treehouse-like views that capture the beauty of the Hill Country. Spacious decks and a sparkling pool create an inviting outdoor oasis for relaxation or entertaining. The property also boasts a unique event venue nestled among the trees, complete with a creekside amphitheater, floating platform, large pavilion with a stage, and a caterer's prep kitchen - ideal for hosting weddings, yoga retreats, or corporate events. In spring, wildflowers paint the landscape, and in fall, the trees glow with shades of red and gold. Whether you envision a private family retreat, a wellness escape, or an income-generating event space, this 32A± acre gem offers endless possibilities. Acreage options include: 22A± unimproved acres, Ranch Home and Venue on 10A± acres, Ranch Home and Venue on 10A± acres with additional 22A± acres, or the entire 104A± acre estate. Inquire with the broker today about this one-of-a-kind Texas treasure!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
5
BikeSomewhat Bikeable

Schools

7/10
3/10
4/10
Marble Falls High SchoolGrades 9-1214.2 mi

Construction

Condition

  • Year built: 2005

Type & Style

  • Home type: SingleFamily
  • Property subType: Other

Interior

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Interior Area

  • Total structure area: 4,400
  • Total interior livable area: 4,400 sqft

Property

Lot

  • Lot size: 32 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Hail
Inland Flooding
Heat Wave
Tornado
Wildfire

FEMA Declared Disasters Across Texas Counties

Flood
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $25,282$303,384
Home Insurance *$2,599$31,188
Property Taxes $5,458$65,496
Electricity $483$5,797
Total$33,822$405,864
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,159,611/yr
40% on housing$1,014,660/yr
45% on housing$901,920/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.4%
6.4%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,136This listing

vs Other Active Listings

Avg $/sqft

ZIP 78669$472
Travis County$334

vs Homes Sold Last Month

Median $/sqft

ZIP 78669$267
Travis County$233

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-02-13Price change$3,500,000
2026-02-13Price change$5,000,000
2025-09-11Price change$3,000,000
2025-09-11Listed for sale$4,500,000

For Sale by Agent

AgentDave Murray
BrokerageKeller Williams Realty

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