Land with Home for Sale in Spicewood, Texas
4607 R O Dr, Spicewood, TX 78669
Discover a rare opportunity to own a multi-generational gentlemen's ranch and thriving investment property on 10 acres of unrestricted Texas Hill Country land. Currently operating as a short-term rental and event venue, this estate is equally suited as a private family compound or income-generating retreat. Behind the gated entrance, three distinct residences create endless versatility for hosting, entertaining, or private living. Together, they offer 7 bedrooms, 6 full baths, multiple kitchens and dining areas, and expansive gathering spaces. The Main Ranch House blends Hill Country charm with modern comfort, featuring 4 main-level bedrooms (including 2 suites), a loft, and 3 bathrooms. A two-story Guest House provides a separate kitchenette, dining area, and upstairs suite with bedroom, bath, and sitting area. The third residence serves as an entertainment lodge, complete with a two-room game house and bar on the main level and a full upstairs suite with kitchen, dining, and living space. Outdoors, enjoy resort-style amenities including a heated pool with cascading water features, a gazebo, fenced garden, and ample outdoor living areas framed by rolling terrain and panoramic Hill Country views. Additional outbuildings provide storage, workshop space, and flexible utility. With proven income from Airbnb/VRBO and event rentals, plus no HOA or deed restrictions, this property stands out as both a legacy estate and a premier investment in the heart of Lake Travis ISD. Just minutes from Highway 71 and an easy drive to Austin, it's a one-of-a-kind lifestyle opportunity in Spicewood.
Location
- Street address
- 4607 R O Dr
- County
- Travis County
- Zip code
- 78669
- Community
- Scott G W
- School district
- Lake Travis ISD
- Elevation
- 963 feet
Directions
Highway 71 to R O Drive, property on the right side. Gate code is in ShowingTime.
Property details
- Acreage
- 10 acres
- MLS #
- ABOR 1250861
- Posted
Property taxes
- 2025
- $28,996
Parcels
- 05340604320000
Legal description
ABS 2569 SUR 50 SCOTT G W ACR 10.007
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
- Franchise
- Keller Williams Realty
Lot
- Features
- Landscaped, Many Trees, Private, Rolling Slope, Sprinkler-Automatic, Trees-Large ( Over 40 Ft), Trees-Medium (20 FT-40 Ft), Views
Exterior
- Parking Spaces
- 10
- Parking
- Garage
- Fencing
- Barbed Wire, Gate
- Pool
- Patio, Porch
- Structures
- Guest House, Storage
- Features
- Exterior Steps, Garden, Lighting, Private Yard
Structure
- Stories
- 2
- Water
- Well
- Sewer
- Septic Tank
- Heating
- Central
- Cooling
- Central Air
- Materials
- Hardi Plank Type
- Roof
- Metal
- Windows
- Blinds, Window Coverings
Interior
- Rooms
- Bathroom x 6, Bedroom x 7, Dining Room, Laundry Room
- Flooring
- Carpet, Tile, Wood
- Fireplaces
- Yes
- Appliances
- Built-In Oven(s), Dishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Stainless Steel Appliance(s), Tankless Water Heater, Vented Exhaust Fan, Water Purifier Owned
- Features
- Breakfast Bar, Ceiling Fan(s), Ceiling-High, Chandelier, Double Vanity, Eat-In Kitchen, Entrance Foyer, Granite Counters, In-Law Floorplan, Interior Steps, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Open Floorplan, Pantry, Primary Bedroom On Main, Recessed Lighting, Soaking Tub, Two Primary Baths, Two Primary Closets, Two Primary Suties, Walk-In Closet(s)
Property utilities
| Category | Type | Status |
|---|---|---|
| Gas | Propane | Connected |
Nearby schools
| Name | Type | District |
|---|---|---|
| West Cypress Hills | Elementary | Lake Travis ISD |
| Lake Travis | Middle | Lake Travis ISD |
| Lake Travis | High | Lake Travis ISD |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Aug 20, 2026 | New listing | $2,475,000 | — | ABOR |