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$1,199,000
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Property Description
Rare Pedernales River waterfront compound with direct boat access to Lake Travis. Situated on 2.24 private acres at the end of a quiet cul-de-sac, this exceptional Hill Country retreat offers the lifestyle buyers dream about-boating, wake surfing, wakeboarding, fishing, entertaining, and gathering with family and friends right from your own backyard. The property's private covered double-slip boat dock features a boat lift, jet ski lift, storage room, and sun deck, providing easy access to one of the most desirable stretches of the Pedernales River for recreational boating and watersports. Designed for indoor-outdoor living, the grounds include a freeform stone pool and spa with water feature, multiple patios, outdoor fireplaces, a built-in wood-fired BBQ area, pergola-covered entertaining spaces, greenhouse, and raised garden beds. Mature oak trees and a long private drive create a peaceful setting with exceptional privacy. The single-story residence offers authentic Texas Hill Country character with vaulted ceilings, exposed wood beams, decorative archways, a floor-to-ceiling stone fireplace, and abundant windows that capture the natural surroundings. The chef's kitchen features granite countertops, a large center island, custom stone accents, stainless appliances, and walk-in pantry. A detached guest house with kitchenette and full bath provides flexible accommodations for guests, extended family, or a private office. Additional amenities include a heated and cooled 3-car garage with epoxy flooring, separate workshop garage with EV charger, RV parking with full hookups, and solar panels. Whether you're searching for a full-time residence, waterfront getaway, or legacy property to enjoy for generations, this unique Pedernales River retreat delivers an unmatched Hill Country lifestyle.
Full Property Details
Full Property Details for 23621 Indian Divide Cove
General
- Price: $1,199,000
- HOA FEE: $67/month
- HOA FEE FREQ.: Annually
- Taxes: $14,010 (2025)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 2854424
- Updated: 7/11/2026
- Added to Site: 62 day(s) ago
Interior
- Interior Features: Beamed Ceilings, Breakfast Bar, Open Beams/Beamed Ceailings, Ceiling Fan(s), Double Vanity, Granite Counters, In-Law Floorplan, Kitchen Island, Main Level Primary, Open Floorplan, Pantry, Soaking Tub, Walk-In Closet(s), High Speed Internet
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas, Living Room, Masonry, Stone
- Appliances: Gas Range, Microwave, Oven, Refrigerator
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main: 4
Other Rooms
- Laundry: In Hall, Laundry Room
Additional Information
- Shared Amenities: Fishing, Internet Access, Lake
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Outdoor Pool, Pool/Spa Combo, Waterfall
- Spa: Yes
- Spa Description: Hot Tub, In Ground
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Boat Lift, Barbecue, Boat Slip, Dock, Garden, Rain Gutters, RV Hookup
- Porch/Patio/Deck: Rear Porch
Parking
- Garage: Yes
- Garage Spaces: 4
- Covered Spaces: 4
- Total Spaces: 12
- Parking Features: Additional Parking, Driveway, Detached, Garage, Parking Pad, RV Access/Parking, Electric Vehicle Charging Station(s)
Location
- Area: LS
- County: Travis
- Subdivision: Paleface Ranch Sec 03
- Driving Directions: 71 West, right on Oscar Rd, right on Indian Divide Rd, right on Indian Divide Cove, house is on the left.
- Direction Faces: Northwest
School Information
- Elem School District: Lake Travis ISD
- Midd School District: Lake Travis ISD
- High School District: Lake Travis ISD
- Elementary School: West Cypress Hills
- Middle School: Lake Travis
- High School: Lake Travis
Community
- Association: Yes
- Assoc. Name: Paleface Ranch
- Assoc. Fees Include: Common Area Maintenance
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Active Solar, Propane
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
- Utility Description: Electricity Connected, Propane, Other, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Stone, Stucco
- Roof: Composition
- Windows: Double Pane Windows
- Stories/Levels: 1
- Square Feet: 3,481
- Sq. Ft. Source: Owner
- Living Area: 3,481 Sq. Ft.
- Year Built: 2003
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Guest House, Greenhouse, Living Quarters, Workshop
Lot Features
- Property View: Pool, River, Water
- Lot Size (Acres): 2.24
- Lot Size (Sq. Ft.): 97,574.4
- Fence: Yes
- Lot Features: Cul-De-Sac, Sloped Down, Garden, Landscaped, Rolling Slope, Many Trees, Sprinklers Automatic, Trees Medium Size
- Fencing (Description): Partial
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Pedernales River
- Water Front Desc.: River Front, Waterfront, Boat Ramp/Lift Access
Green Features
- Energy Efficient: Solar Panel(s)
- Energy Generation: Solar
Financial Considerations
- Association Fee: $800
- Assoc Fee Freq.: Annually
- Assessment Amount: $904,417
- Tax Amount: $14,010.92
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial
- Legal Description: LOT 13 BLK A PALEFACE RANCH SUBD SEC 3
- Disclosures/Reports: Seller Disclosure
- Property ID: 5500902030000
- Block: A
- Lot Number: 13
Listed by Res and Ranch LLC
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Schools
Schools serving 23621 Indian Divide Cove
School District:Lake Travis Independent School District
| Name | Grades | Distance |
|---|---|---|
West Cypress Hills Elementary School 6112 Cypress Ranch Boulevard, Spicewood, TX 78669 | K-5 | 2.8 mi |
Lake Travis Middle School 4932 Bee Creek Road, Spicewood, TX 78669 | 6-8 | 4.8 mi |
Lake Travis High School 3324 Ranch Road 620 South, Austin, TX 78738 | 9-12 | 8.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 23621 Indian Divide Cove
Date
Details
Price
Change
Source
5/11/2026
Listed
$1,199,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 23621 Indian Divide Cove
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,404
100%
$822,197
10%
2024
-100%
$747,452
-29%
2022
$8,471
—
$1,048,559
-5%
2022
$8,471
-2%
$1,108,040
62%
2021
$8,632
-30%
$682,221
10%
2020
$12,395
5%
$620,201
10%
2020
$11,861
18%
$563,819
10%
2018
$10,082
7%
$512,563
10%
2016
$9,448
—
$465,966
-1%
2017
$9,448
5%
$472,000
8%
2015
$8,962
1%
$438,900
10%
2013
$8,907
—
$399,000
-5%
2013
$8,907
—
$418,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 23621 Indian Divide Cove
23621 Indian Divide Cove, Spicewood, TX 78669 (MLS# 2854424) is a Single Family property with 4 bedrooms and 2 full bathrooms. 23621 Indian Divide Cove is currently listed for $1,199,000 and was received on May 11, 2026. Want to learn more about 23621 Indian Divide Cove? Do you have questions about finding other Single Family real estate for sale in Spicewood? You can browse all Spicewood real estate or contact a Coldwell Banker agent to request more information.

