3500 R O Drive, Spicewood, TX 78669 - Photo 1

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$2,195,000

For Sale
Active
Commercial
4,606 Sq. Ft.
7 Acres
Updated 12 days ago

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Property Description

Premier income-producing commercial property in one of Spicewood's most desirable corridors. This unrestricted 7-acre boutique rental and event center features five revenue-generating structures including: a main event venue, two guest homes, a second event center, and a stage building ready for finish-out. Designed for hospitality, retreats, weddings, and corporate events, the property offers parking for 100+ vehicles, vendor access, and gated entry. Main Event - 2,234 sq ft (potential income producing). Willie's Place - 1,128 sq ft (currently income producing) The Cottage - 513 sq ft (currently income producing) Event Center - 1,397 sq ft (income producing building) The Stage - 731 sq ft (income producing) needs finish-out for two additional income producing bedrooms. Back three acres cleared for future income producing Geodome glamping (plans reimagined) 5 Building total - 4,606 sq ft 7 acres 100 spaces (front parking area) Additional vendor parking at Event center

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Full Property Details

Full Property Details for 3500 R O Dr

General

Price: $2,195,000
Taxes: $24,169 (2025)
Status: Active
Type: Commercial
Source: Austin_MLS
MLS ID: 9384616
Updated: 3/23/2026
Added to Site: 156 day(s) ago

Interior

Flooring: Carpet, Carpet Free, Tile, Vinyl

Rooms

Other Rooms

Laundry: Washer Hookup, Dryer Hookup

Additional Information

Security/Safety: None
Equipment: None

Parking

Total Spaces: 100
Parking Features: Additional Parking, Circular Driveway, Driveway, Gravel, Gated, Open, Outside, Private, See Remarks, Unpaved

Location

Area: LS
County: Travis
Subdivision: Travis Southwest
Driving Directions: Hwy 71 west toward Spicewood. Turn Right on RO Drive. The Property will be on the Left. (Sign in front of the property)

Heating & Cooling

Central air: Yes
Air Conditioning: Yes
Cooling Type: Central Air, Ceiling Fan(s), Electric, Wall/Window Unit(s)
Heating Type: Central, Electric

Utilities

Sewer: Septic Tank
Water: Private, Well
Well: Yes
Cable Available: Yes
Utility Description: Cable Available, Electricity Available, Propane, Phone Available, See Remarks, Water Available

Structural Information

# Buildings: 5
Detached/Attached: Detached
Construction: Brick, Frame, HardiPlank Type, Stone Veneer, Vinyl Siding, Wood Siding
Stories/Levels: 2
Square Feet: 4,606
Sq. Ft. Source: Owner
Current Bldg. Use: Multi-Family, Mixed Use, Recreational, Single Family, See Remarks
Year Built: 1995
Year Built Source: Public Records
Property Condition: Updated/Remodeled

Additional Structures

Other Structures: Cabana, Guest House, Outbuilding, Poultry Coop, Shed(s), See Remarks, Storage, Workshop

Lot Features

Property View: Hills, Rural, Trees/Woods
Lot Size (Acres): 7
Lot Size (Sq. Ft.): 304,920
Lot Size Source: Public Records
Topography: Rolling, Sloping
Lot Features: Rolling Slope

Financial Considerations

Assessment Amount: $1,442,105
Tax Amount: $24,169.88
Tax Year: 2025
Terms: Cash, Conventional, VA Loan

Disclosures and Reports

Special Conditions: Standard
Documents Avail.: Aerial, Survey
Legal Description: ABS 453 SUR 522 JOLLY C S ACR 7.000
Disclosures/Reports: Seller Disclosure
Property ID: 1429604310000
Lot Number: none

Listed by Kuper Sotheby's Int'l Realty

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Schools

Schools serving 3500 R O Dr

School District:Lake Travis Independent School District

Name	Grades	Distance
West Cypress Hills Elementary School 6112 Cypress Ranch Boulevard, Spicewood, TX 78669	K-5	2.6 mi
Lake Travis Middle School 4932 Bee Creek Road, Spicewood, TX 78669	6-8	2.3 mi
Lake Travis High School 3324 Ranch Road 620 South, Austin, TX 78738	9-12	5.5 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 3500 R O Dr Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/01/2026

Price Reduced

$2,195,000

-2.44%

MLS

10/30/2025

Listed

$2,250,000

—

MLS

Get Price Alerts and Save Property

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 3500 R O Dr

Year

Property Taxes

Change

Tax Assessment

Change

2024

$9,233

—

$1,442,105

9%

2024

$9,233

-52%

$1,318,900

-4%

2022

$19,424

—

$1,376,855

26%

2022

$19,424

168%

$1,090,000

123%

2021

$7,248

-18%

$489,224

10%

2020

$8,889

5%

$444,749

10%

2020

$8,505

18%

$404,317

10%

2018

$7,230

8%

$367,561

10%

2016

$6,712

—

$334,146

—

2017

$6,688

7%

$335,301

9%

2015

$6,276

-11%

$307,336

—

2013

$7,087

—

$308,346

-7%

2013

$7,087

—

$332,603

—

View All

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 3500 R O Dr

3500 R O Drive, Spicewood, TX 78669 (MLS# 9384616) is a Commercial property. 3500 R O Drive is currently listed for $2,195,000 and was received on October 30, 2025. Want to learn more about 3500 R O Drive? Do you have questions about finding other Commercial real estate for sale in Spicewood? You can browse all Spicewood real estate or contact a Coldwell Banker agent to request more information.

3500 R O Dr Spicewood, TX 78669