551 Lake View Drive, Spicewood, TX 78669 - Photo 1

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$489,000

For Sale
Active
Lots/Land
7.74 Acres

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Property Description

*Bring us an offer!* Prime Lakefront Land that is Ag Exempt. THE LAKE IS UP!!! Tucked away on 7.74 acres of prime lakefront, this isn't just land, it's your opportunity to create something truly unforgettable in a gated community. Towering, majestic trees frame the property, offering a rare blend of privacy, beauty, and wide-open potential, whether you're envisioning a luxury lake retreat, modern farmhouse, or a legacy property to pass down for generations. And it gets even better, taxes are less than $7 a year thanks to the agricultural exemption. Now that the lake is up, the vision truly comes to life! This property is even more stunning in person today. Opportunities like this are rare: acreage, lakefront, with an ag exemption, so bring your dock, bring your vision, and secure your slice of lakefront paradise before it's gone.

Full Property Details

Full Property Details for 551 Lake View Dr

General

Price: $489,000
HOA FEE: $121/month
HOA FEE FREQ.: Annually
Taxes: $6 (2025)
Status: Active
Type: Lots/Land
Source: Austin_MLS
MLS ID: 3218370
Updated: 8/27/2026
Added to Site: 140 day(s) ago

Additional Information

Shared Amenities: None

Location

Area: LW
County: Burnet
Subdivision: Lake Oaks Ranch
Driving Directions: Hwy 71 West to Spicewood, Right on 410. Take 410 5.4 miles until it ends at subdivision gate. Go through the gate and take your immediate right at end of street. Property is on the left at the sign.

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

Association: Yes
Assoc. Name: Lake Oaks HOA
Assoc. Fees Include: Common Area Maintenance

Utilities

Sewer: Septic Needed
Water: Private, See Remarks
Utility Description: Electricity Available, Water Available

Structural Information

Detached/Attached: Detached

Additional Structures

Other Structures: None

Lot Features

Property View: Hills, Lake
Lot Size (Acres): 7.74
Lot Size (Sq. Ft.): 337,154.4
Lot Features: Interior Lot, Private, Trees Medium Size, Trees Small Size

Water Features

Water Front: Yes
Water View: Yes
Water Front Name: Lake Travis
Water Front Desc.: Lake Front
Lake Front: Yes

Financial Considerations

Association Fee: $1,452
Assoc Fee Freq.: Annually
Assessment Amount: $306,194
Tax Amount: $6.8
Tax Year: 2025
Terms: Cash, Conventional, FHA, Texas Vet, VA Loan

Disclosures and Reports

Special Conditions: Standard
Documents Avail.: Deed Restriction, Survey
Legal Description: S5765 LAKE OAKS RANCH LOT 1 7.74
Property ID: 68918
Lot Number: 1

Listed by Townes LLC

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— 551 Lake View Dr —

Townes LLC

(512) 650-6364

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Schools

Schools serving 551 Lake View Dr

School District:Marble Falls Independent School District

Name	Grades	Distance
Spicewood Elementary School, Spicewood, TX 1005 Spur 191, Spicewood, TX 78669	PK-5	3.8 mi
Marble Falls Middle School 1511 Pony Drive, Marble Falls, TX 78654	6-8	9.5 mi
Marble Falls High School 2101 Mustang Drive, Marble Falls, TX 78654	9-12	8 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 551 Lake View Dr Get Price Alerts and Save Property

Date

Details

Price

Change

Source

8/27/2026

Price Reduced

$489,000

-1.01%

MLS

8/18/2026

Price Reduced

$494,000

-1%

MLS

5/01/2026

Listed

$499,000

—

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 551 Lake View Dr

Year

Property Taxes

Change

Tax Assessment

Change

2025

$7

—

$514

—

2024

$7

-12%

$514

-12%

2023

$8

-20%

$581

-8%

2022

$10

-9%

$631

-100%

2021

$11

—

$306,194

21%

2020

$11

—

$253,717

-2%

2019

$11

-8%

$257,764

—

2018

$12

—

$257,764

—

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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551 Lake View Drive, Spicewood, TX 78669 (MLS# 3218370) is a Lots/Land property with a lot size of 7.74 acres. 551 Lake View Drive is currently listed for $489,000 and was received on May 01, 2026. Want to learn more about 551 Lake View Drive? Do you have questions about finding other Lots/Land real estate for sale in Spicewood? You can browse all Spicewood real estate or contact a Coldwell Banker agent to request more information.

551 Lake View Dr Spicewood, TX 78669