Date
Details
Price
Change
Source
3/28/2026
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 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.
Full Property Details
Full Property Details for 11151 State Hwy 71
General
- Price: $1,395,000
- Status: Active
- Type: Commercial
- Source: Highland_Lakes_MLS
- MLS ID: 177229
- Updated: 3/28/2026
- Added to Site: 41 day(s) ago
Business
- Business Type: Mixed Uses
- Misc. Information: Fencing, Patio/Deck, High Traffic Location, Highway Access, Kitchen Area, Landscaped, Living Area, RV Parking, Other/See Remarks
Interior
- Appliances: Dishwasher, Dryer, Disposal, Microwave, Electric Range, Refrigerator, Washer, Washer Hookup, Electric Water Heater
- Flooring: Hard Tile, Hardwood, Vinyl
Parking
- Total Spaces: 15
- Parking Features: Concrete, Gravel, Other
Location
- County: Burnet
- 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: Fro
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric, Propane, Other
Utilities
- Gas: Propane
- Sewer: Septic Tank
- Water: Well
Structural Information
- Construction: Other, HardiPlank Type, Stone
- Foundation: Slab
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 4,605
- Sq. Ft. Source: Owner
- Living Area: 4,605 Sq. Ft.
- Year Built: 1984
Lot Features
- Lot Size (Acres): 2.5
- Lot Size (Sq. Ft.): 108,900
- Lot Dimensions: 290 x 385
- Frontage: Private Road, Other
- Zoning: Mixed
Water Features
- Water Front View: No
Green Features
- Energy Efficient: Ceiling Fan(s), Zoned
Financial Considerations
- Price Per Sq. Ft.: $302.93
Disclosures and Reports
- Legal Description: ABS A1868 H. NAUMANN, 2.5 ACRES
- Inclusions: Building(s), Land, Other/See Remarks
- Property ID: 60586
Listed by Hallmark Luxury Real Estate, Stacy Hallmark
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Or call us at (800) 531-7667
Listing agent
— 11151 State Hwy 71 —
Stacy Hallmark
Hallmark Luxury Real Estate
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 5 days ago
- 3Beds
- 2Total Baths
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- Single Family
- Active
- Updated 21 hours ago
- 4Beds
- 4Total Baths
11151 State Highway 71, Spicewood, TX 78669 (MLS# 177229) is a Commercial property. 11151 State Highway 71 is currently listed for $1,395,000 and was received on March 28, 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.