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$489,400
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Property Description
Welcome to your Lake Travis waterfront escape! This beautifully designed 3-bedroom, 2-bath condo is located in Ridge Point within the gated Ridge Harbor community-one of Spicewood's most desirable addresses. It offers the perfect blend of relaxation, convenience, and investment potential. This section of Ridge Harbor delivers a true lock-and-leave lifestyle and is the only area in the community where short-term rentals are allowed-making it as attractive for investors as it is for weekenders and full-time residents. Enjoy your private jet ski slip for endless days on the water, then retreat to the oversized garage with plenty of room for boats, kayaks, and more. Step outside to your spacious deck shaded by a majestic live oak, perfect for gathering with friends or soaking in the serene lake views. The primary suite is a private sanctuary-set on its own level with a spa-like shower overlooking Lake Travis and a walkout balcony where you can savor morning coffee or evening sunsets in total peace. Ridge Harbor residents enjoy resort-style amenities including a sparkling pool, boat ramps, and a lakefront park. The community also connects directly to Muleshoe Bend Park, where you'll find miles of hiking and biking trails, scenic picnic spots, and breathtaking seasonal wildflowers. Set along a quiet stretch of Lake Travis with minimal boat traffic, this home offers tranquility that's hard to find on the lake. Whether you're searching for a full-time residence, a weekend retreat, or a strong short-term rental investment, this waterfront Ridge Point condo delivers it all.
Full Property Details
Full Property Details for 508 Harbor Dr #5
General
- Price: $489,400
- HOA FEE: $122/month
- HOA FEE FREQ.: Annually
- Taxes: $6,142 (2025)
- Status: Active
- Type: Townhouse
- Source: Austin_MLS
- MLS ID: 7547402
- Updated: 12/27/2025
- Added to Site: 147 day(s) ago
Interior
- Interior Features: Breakfast Bar, Built-in Features, Ceiling Fan(s), Dry Bar, Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, Interior Steps, Open Floorplan, Pantry, Recessed Lighting, Vaulted Ceiling(s)
- Fireplace(s): None
- Appliances: Dishwasher, Electric Water Heater, Free-Standing Electric Range, Disposal, Microwave, Stainless Steel Appliance(s)
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 2
Other Rooms
- Laundry: In Garage, Washer Hookup, Electric Dryer Hookup
Additional Information
- Shared Amenities: Barbecue, Common Grounds/Area, Community Mailbox, Gated, Lake, Park, Pool, Tennis Court(s)
- Shared Pool: Yes
- Pool: Yes
- Pool Description: None, Community
- Spa Description: None
- Tennis: Yes
- Security/Safety: Smoke Detector(s), See Remarks, Controlled Access
Exterior
- Exterior Features: Balcony, Boat Ramp, Exterior Steps, See Remarks
- Porch/Patio/Deck: Covered, Deck, Balcony
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Door-Single, Garage Faces Front, Garage
Location
- Area: LW
- County: Burnet
- Subdivision: Harbor Point
- Driving Directions: Hwy 71W, R Paleface Ranch Rd for 4.5 miles; R @ 414 for 1.5 miles; L into Ridge Harbor, Gate #1 (gate code needed, text agent ; 1st R after Pool (Harbor Dr) ... to end, Harbor Point Townhomes on Left, Unit #5
- Direction Faces: South
School Information
- Elem School District: Marble Falls ISD
- Midd School District: Marble Falls ISD
- High School District: Marble Falls ISD
- Elementary School: Spicewood (Marble Falls ISD)
- Middle School: Marble Falls
- High School: Marble Falls
Community
- Gated community: Yes
- Association: Yes
- Assoc. Name: Ridge Harbor & Harbor Point Townhouse/ SPW Yacht
- Assoc. Fees Include: Common Area Maintenance, Insurance
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Private Sewer
- Water: Municipal Utility District
- Utility Description: Electricity Connected, Sewer Connected, Water Connected, Underground Utilities
Structural Information
- Detached/Attached: Detached
- Construction: Frame
- Roof: Composition
- Windows: Screens
- Square Feet: 1,396
- Sq. Ft. Source: Public Records
- Living Area: 1,396 Sq. Ft.
- Year Built: 1985
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Property View: Hills, Lake, Panoramic
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,306.8
- Lot Features: Cul-De-Sac, Steep Slope, Trees Large Size, Trees Medium Size, Views
- Fencing (Description): None
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Lake Travis
- Water Front Desc.: Lake Front, Waterfront, Boat Ramp/Lift Access
- Lake Front: Yes
Financial Considerations
- Association Fee: $1,464
- Assoc Fee Freq.: Annually
- Assessment Amount: $456,629
- Tax Amount: $6,142.12
- Tax Year: 2025
- Terms: Cash, Conventional, 1031 Exchange, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: HOA Documents, Survey
- Legal Description: S5102 HARBOR POINT LOT 5 & INTEREST IN LOT 10 (TOWNHOME)
- Disclosures/Reports: Other, Seller Disclosure, Municipal Utility District Disclosure
- Property ID: 18493
- Lot Number: 5
Listed by eXp Realty, LLC
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Schools
Schools serving 508 Harbor Dr #5
School District:Marble Falls Independent School District
| Name | Grades | Distance |
|---|---|---|
Spicewood Elementary School, Spicewood, TX 1005 Spur 191, Spicewood, TX 78669 | PK-5 | 3 mi |
Marble Falls Middle School 1511 Pony Drive, Marble Falls, TX 78654 | 6-8 | 11.9 mi |
Marble Falls High School 2101 Mustang Drive, Marble Falls, TX 78654 | 9-12 | 10.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 508 Harbor Dr #5
Date
Details
Price
Change
Source
12/27/2025
Price Reduced
$489,400
-0.02%
MLS
8/23/2025
Listed
$489,500
—
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 508 Harbor Dr #5
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,186
9%
$456,629
6%
2023
$4,777
-13%
$432,509
-5%
2022
$5,499
3%
$456,656
15%
2021
$5,320
6%
$398,127
23%
2020
$4,998
34%
$324,950
49%
2019
$3,726
3%
$218,440
6%
2018
$3,626
—
$205,240
—
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 508 Harbor Dr #5
508 Harbor Drive #5, Spicewood, TX 78669 (MLS# 7547402) is a Townhouse property with 3 bedrooms and 2 full bathrooms. 508 Harbor Drive #5 is currently listed for $489,400 and was received on August 23, 2025. Want to learn more about 508 Harbor Drive #5? Do you have questions about finding other Townhouse real estate for sale in Spicewood? You can browse all Spicewood real estate or contact a Coldwell Banker agent to request more information.

