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About This Home

This 5-bedroom, 5-bathroom commercial at 11151 State Highway 71 in Spicewood, TX is listed for $1,395,000 ($303 per sqft). Built in 1984, the home offers 4,605 sqft of living space on a 2.50 acres lot.

Agent Description

Privately gated and fully fenced, this rare 2.5-acre Hill Country compound in Spicewood offers three rebuilt units with mixed-use flexibility. Ideal for owner-users, live/work, short-term rental income, boutique office, or investment, the property combines privacy, panoramic views, and strong income potential.

Each unit features its own layout and outdoor space, with high-end modern farmhouse finishes including quartz countertops, custom cabinetry, new appliances, luxury vinyl plank flooring, energy-efficient windows, upgraded insulation, and new HVAC systems.

Rebuilt from the studs in 2025, the property is turnkey and designed for versatility. The main residence offers approximately 1,784 SF with flexible living or office space and a private deck overlooking the courtyard. The second unit spans approximately 1,440 SF with additional workspace potential and private outdoor areas.

The third unit, approximately 1,381 SF above the garage, captures elevated Hill Country views with open-concept flexibility. A long private drive provides ample parking, along with a two-car garage and detached carport. Mixed zoning allows both residential and commercial use, creating a rare opportunity for multiple income streams.

Conveniently located just off Highway 71 with easy access to Bee Cave, Marble Falls, and Lake Travis. No HOA, low tax rate, and short-term rentals allowed, including Airbnb and VRBO. A rare blend of lifestyle, flexibility, and income potential in one of the Hill Country's most desirable settings.

Key Features

  • Built in 1984
  • 2.50 acre lot
  • 2 stories
  • 15 parking spaces

Property Details

2 stories
5 full
15 spaces
1984

Amenities

HardwoodA/C

Monthly Cost Estimate

$7,461/mo

20% down · 6.5% · 30 years

Principal$1,009
Interest$6,045
Insurance$407

Estimates only. Actual payments may vary.

Location

11151 State Highway 71

Spicewood, TX 78669

Property Details

Flooring

VinylHardwoodTile

Construction

HardiPlank Type Stone

Heating

CentralPropane (Heating)Electric (Heating)

Cooling

Central Air

Appliances

DishwasherDryerDisposalMicrowaveElectric RangeRefrigeratorWasherWasher HookupElectric Water Heater

Questions & Answers

This 5-bedroom, 5-bathroom commercial at 11151 State Highway 71 is listed at $1,395,000 ($303/sqft). The estimated monthly payment is $6,045 based on 20% down at 6.5% interest.

Key features include: Built in 1984, 2.50 acre lot, 2 stories, 15 parking spaces.

This property is listed by Stacy Hallmark and can be reached at 5127509737 or stacy@hallmarkluxuryre.com.

SH

Stacy Hallmark

Agent at HALLMARK LUXURY REAL ESTATE

(512) 750-9737

Listed by HALLMARK LUXURY REAL ESTATE

MLS# 177229· Source: listhub· Updated 65 days ago

Copyright © 2026 Highland Lakes Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

11151 State Highway 71, Spicewood, TX 78669

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