Land for Sale in Spicewood, Texas

Tucked away in the rolling hills of Spicewood, Texas, Otra Vez Ranch is a rare 434 +/- acre recreational escape that offers the perfect balance of natural beauty, Hill Country heritage, and proximity to Austin. Since its acquisition in 1989, this storied property has been a beloved family retreat, a place where generations have gathered to ride horses, raise cattle, hunt, hike, swim, and, more recently, care for their small herd of zebras. From fossil hunting to fireside evenings beneath the oaks, Otra Vez is more than a ranch. It's a place to return to again and again.

Location & The Surrounding Spicewood Area

Perfectly positioned for both privacy and accessibility, the ranch sits 37 miles from downtown Austin, 16 miles from Marble Falls, and 21 miles from Horseshoe Bay.

Less than five miles northeast of the ranch, the small town of Spicewood punches well above its weight when it comes to food, drink, recreation, and relaxation. Opie's BBQ, a local institution beloved across the Hill Country, is just minutes away and serves as the kind of place you stop at on the way in and again on the way out. For an elevated experience, Canyon Ranch Wellness Resort, one of the most recognized spa and wellness destinations in the country, is nearby, offering world-class fitness, nutrition, and rejuvenation programs that make this corridor feel as much like a retreat as the ranch itself.

Nearby Lake Travis can be seen from multiple high points within the ranch. One of the crown jewels of the Highland Lakes chain, the lake offers boating, swimming, fishing, and some of the most scenic waterfront in Central Texas. The Narrows Recreation Area boat ramp is only 8 miles from the ranch and offers public lake access, making it easy to have a boat in the water within minutes of leaving the front gate.

Golf is well represented in the surrounding area as well, with several acclaimed courses within a short drive, including those at the nearby Horseshoe Bay Resort, widely regarded as one of Texas's premier golf destinations, with multiple championship layouts set against the Highland Lakes landscape. Other notable courses include Austin Golf Club and the four Barton Creek Resort courses.

The wine and spirits scene is equally impressive. Spicewood Vineyards, one of Texas's most awarded estate wineries, sits just down the road, and the broader corridor is dotted with distilleries and tasting rooms that have made this stretch of the Hill Country a legitimate destination for enthusiasts. Iron Wolf Ranch and Distillery is also located a few minutes outside the gate and offers handcrafted spirits, great food, and live music. Whether it's an afternoon on the tasting room patio or an evening out with your guests, the options are as varied as they are close.

Land & Water

The terrain is nothing short of enchanting. With 280 feet of elevation change, Otra Vez reveals sweeping vistas, rolling pastures, and a network of wooded ridges and gullies. Native oaks and grasses dominate the landscape, with cedar cleared selectively to enhance grazing and preserve wildlife habitat. The land is fenced into three primary pastures with a fourth near completion, and an extensive all-weather road and trail system allows for seamless access throughout. Brackett-Real and clay loam soils provide a rich ecological foundation that has been carefully stewarded for decades.

Water is both abundant and diverse. Three natural springs feed grottos, swimming holes, and a seasonal creek, while two water wells supply the homes and a large concrete stock tank converted into a swimming pool. Little Cypress Creek, a seasonal tributary, winds across the north end of the property, and one spring carves its way to a hidden grotto that has long been a family favorite for hiking and exploration.

Recreation

Few ranches offer this level of variety and adventure so close to Austin. White-tailed deer, dove, turkey, quail, and hogs roam freely, supported by seven strategically placed feeders and ample water sources throughout. Beyond hunting, the ranch invites fossil and arrowhead hunting, skeet shooting, gardening, and long, unplugged evenings under the stars, and of course, the resident zebras add a whimsical charm all their own.

Improvements

The ranch improvements have been designed with intention, comfortable, tasteful, and welcoming, with a focus on outdoor living and family gatherings. The main residence, originally remodeled in 1986, is a 3-bedroom, 2.5-bath home that blends charm with functionality. Hand-painted cabinets, curated décor, and an oversized screened porch overlooking lush gardens and a fire pit define the character of the home. Towering oaks provide shade and serenity, with one hosting a classic treehouse.

Two newly added guest casitas extend the ranch's hospitality. The first offers one bedroom, one bath, a full kitchen, and living space. The second mirrors that layout and adds a bunkroom and playroom for younger guests. A large covered stone patio and grilling area connect the two quarters seamlessly, making the compound ideal for entertaining.

Equestrian and ranch infrastructure is equally well-appointed, featuring an 8-stall horse barn, multiple three-sided pole barns, working cattle pens, an old lighted riding arena, a chicken coop, and practical outbuildings for ranch operations. The all-weather gravel road was redone five years ago and remains in excellent condition.

Wildlife Exemption

Otra Vez Ranch is currently operating under a 1-D-1 wildlife exemption, actively managed for conservation and recreational use. Native game flourishes, and the ranch is well-suited for sustainable livestock or wildlife operations. The exemption in place helps maintain low carrying costs, making this an attractive proposition for both the lifestyle buyer and the long-term land investor.

Minerals

Mineral rights are negotiable. Contact the broker for details.

Otra Vez Ranch is more than a destination. It's a deeply loved sanctuary ready for its next chapter, whether that means hosting family getaways, creating an income-producing operation, investing in the future, or simply enjoying wide-open spaces close to Austin.