




Paleface Ranch Rd, Spicewood, TX, 78669
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
Schools
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
- Inland Flooding
- Heat Wave
- Tornado
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
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
| Monthly | Annual | |
|---|---|---|
| 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 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-13 | Price change | $3,500,000 |
| 2026-02-13 | Price change | $5,000,000 |
| 2025-09-11 | Price change | $3,000,000 |
| 2025-09-11 | Listed for sale | $4,500,000 |
