Recently Listed Open House 3/21 1pm - 3pm
11151 State Highway 71
Spicewood, TX, 78669 $ 1,395,000
Bedrooms-- Baths-- Sq 4,605 for $1,395,000. This 4,605 square foot property was built in 1984 on a lot size of 2.5.
Privately gated and fully fenced, this exceptional Hill Country property presents a rare opportunity to own a three-unit mixed-use compound in the heart of Spicewood. Situated on 2.5 serene acres, the property offers panoramic Hill Country views, complete privacy, and remarkable flexibility—ideal for owner-users, live/work operations, short-term rental income, boutique office, or a strategic investment. Designed for versatility, the property features three distinct units, each with its own layout and outdoor space to maximize usability and appeal. A long private drive provides ample on-site parking, in addition to a two-car garage and detached carport. Mixed zoning allows for both residential and commercial use, offering a unique opportunity for a variety of business or income-producing applications in this highly desirable Hill Country location. All three units were rebuilt from the studs in 2025, blending high-end finishes with a refined modern farmhouse aesthetic. Interiors feature quartz countertops, custom cabinetry, new appliances, luxury vinyl plank flooring, energy-efficient windows, upgraded insulation, and new HVAC systems throughout. The first unit offers approximately 1,784 SF with flexible office or living space and a private deck overlooking a courtyard. The second unit offers approximately 1,440 SF with additional workspace potential and private outdoor areas. The third unit, located above the garage, offers approximately 1,381 SF with elevated Hill Country views and open-concept flexibility. Conveniently located just off Highway 71 with easy access to Bee Cave, Marble Falls, and Lake Travis, this one-of-a-kind property offers a compelling combination of acreage, mixed-use zoning, income potential, and accessibility. No HOA, low tax rate, and short-term rentals allowed, including Airbnb and VRBO.
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Open House
3/21/2026 1:00 PM - 3:00 PM
11151 State Highway 71 Spicewood, TX
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralSewer Septic Tank
Heating Central Electric Hot Water Propane
Cooling Ceiling Fan(s) Central Air Electric Zoned
Utilities Electricity Available Electricity Connected Propane Water Available
Zoning Mixed use
Security Features See Remarks Secured Garage/Parking Security Fence
Construction Materials HardiPlank Type Stone
Year Built 1984
View Hill Country Panoramic Park/Greenbelt Trees/Woods
Topography Flat rolling hills many trees views
Property Subtype See Remarks
Tax Year 2025
Current Use Mixed Use See Remarks
Accessibility See Remarks
County Burnet
Operating Expense 0
New Construction N
Property Type Commercial Sale
Subdivision Name A1868 - (SMFA) SOUTH OF MF ACREAGE
Building Features See Remarks Appliances Computer Ready Electric Dryer Connections Fixtures Kitchen Equipment Living Area Multi-User Open Space Private Restrooms Receptions Room Refrigeration Unit Separate Shower Show
Other Structures See Remarks
Status Active
Directions *From Austin: Head west on TX-71 passing through Bee Cave and continuing toward Spicewood. Stay on TX-71 West for approximately 25 miles. The property at 11151 E State Highway 71 will be just past
City Spicewood
Disclosures See Remarks
MLS Area LW
Lot Size Square Feet 108900
Property Condition Updated/Remodeled
Leasable Area 4605
Lease Type None
Standard Status Active
Tax Assessed Value 885054
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InteriorFlooring No Carpet Tile Vinyl Wood
Total Stories 2
Total Bedrooms 0
Total Baths 0
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ExteriorParking Features Additional Parking Assigned Carport Common Covered Detached Carport Driveway Electric Gate Garage Garage Faces Front Gated Private Shared Driveway Varies by Unit
Water Source Well
Total Parking 15
Foundation Details Pillar/Post/Pier Slab
Number of Buildings 3
Building Area Total 4605
Lot Size Acres 2.5
Waterfront Y/N N
Other Equipment See Remarks
Horse Y/N N
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* Excluded FeaturesList ByStacy HallmarkListing Agent
Hallmark Luxury Real EstateBroker
stacy@hallmarkluxuryre.comEmail
NearbyAbout Spicewood, TX 15,085 Population
141% Since 2002
$ 101,788 Median Income
49.08 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
3038596 Elementary School
3038443 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/19/2026 | $1,395,000 | | Listed Price |