Date
Details
Price
Change
Source
3/19/2026
Listed
$1,395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
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.
Full Property Details
Full Property Details for 11151 State Hwy 71
General
- Price: $1,395,000
- Taxes: (2025)
- Status: Active
- Type: Commercial
- Source: Austin_MLS
- MLS ID: 3329930
- Updated: 3/19/2026
- Added to Site: 2 day(s) ago
Interior
- Flooring: Carpet Free, Tile, Vinyl, Wood
Rooms
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, Stacked
Additional Information
- Security/Safety: Secured Garage/Parking, Security Fence, See Remarks
Parking
- Garage: Yes
- Carports: Yes
- Total Spaces: 15
- Parking Features: Additional Parking, Assigned, Common, Covered, Carport, Detached Carport, Driveway, Electric Gate, Garage Faces Front, Garage, Gated, Private, Shared Driveway, Varies by Unit
Location
- Area: LW
- County: Burnet
- Subdivision: A1868 - (SMFA) SOUTH OF MF ACREAGE
- Driving 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 Paleface Ranch Road on the right. At the fork in the road, stay to the right. *From Marble Falls: From US-281, turn onto TX-71 East. Continue for approximately 11 miles. Turn right, then stay to the right at the fork, and the property will be located on the right.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric, Zoned
- Heating Type: Central, Electric, Hot Water, Propane
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
- Utility Description: Electricity Available, Electricity Connected, Propane, Water Available
Structural Information
- # Buildings: 3
- Detached/Attached: Detached
- Construction: HardiPlank Type, Stone
- Stories/Levels: 2
- Square Feet: 4,605
- Sq. Ft. Source: Owner
- Current Bldg. Use: Mixed Use, See Remarks
- Year Built: 1984
- Property Condition: Updated/Remodeled
Additional Structures
- Other Structures: See Remarks
Lot Features
- Property View: Park/Greenbelt, Hills, Panoramic, Trees/Woods
- Lot Size (Acres): 2.5
- Lot Size (Sq. Ft.): 108,900
- Topography: Level, Rolling
- Lot Features: Flat, Many Trees, Views
Financial Considerations
- Assessment Amount: $885,054
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: See Remarks
- Documents Avail.: See Remarks
- Legal Description: ABS A1868 H. NAUMANN, 2.5 ACRES
- Disclosures/Reports: See Remarks
- Property ID: 11151 State Highway 71
- Block: None
- Lot Number: None
Listed by Hallmark Luxury Real Estate
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Or call us at (800) 531-7667
Listing agents
— 11151 State Hwy 71 —
Hallmark Luxury Real Estate
Hallmark Luxury Real Estate
(512) 750-9737
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 11151 State Hwy 71
School District:Marble Falls Independent School District
| Name | Grades | Distance |
|---|---|---|
Spicewood Elementary School, Spicewood, TX 1005 Spur 191, Spicewood, TX 78669 | PK-5 | 2 mi |
Marble Falls Middle School 1511 Pony Drive, Marble Falls, TX 78654 | 6-8 | 12.5 mi |
Marble Falls High School 2101 Mustang Drive, Marble Falls, TX 78654 | 9-12 | 11.6 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 11151 State Hwy 71
Tax History
Tax History for 11151 State Hwy 71
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,521
—
$885,054
42%
2024
$8,521
-17%
$621,158
-18%
2023
$10,207
103%
$757,500
15%
2022
$5,040
1%
$661,528
50%
2021
$4,997
1%
$442,008
8%
2020
$4,963
-21%
$407,963
2%
2019
$6,302
-11%
$401,296
6%
2018
$7,047
—
$378,601
—
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 11151 State Hwy 71
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- Single Family
- Active
- Updated 14 hours ago
- 5Beds
- 5Total Baths
- Single Family
- Active
- Updated 23 hours ago
- 1Bed
- 3Total Baths
Listed by Nattlie Hoover Real Estate Group (512) 790-1033
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- Single Family
- Active
- Updated 3 days ago
- 5Beds
- 5Total Baths
11151 State Highway 71, Spicewood, TX 78669 (MLS# 3329930) is a Commercial property. 11151 State Highway 71 is currently listed for $1,395,000 and was received on March 19, 2026. Want to learn more about 11151 State Highway 71? 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.