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Waterfront Land with Private Well
For Sale
$2,850,000

23601 Old Ferry Road lot 1, Spicewood, TX 78669

Land, Spicewood, TX

Property SizeContact for details
Lot Size39.66 Acres
Days on Market367

Property Features for 23601 Old Ferry Road lot 1

General Information

Property type Land
Property subtype Other
Vegetation Wooded
Fencing Perimeter
Lot features City Lot, Level, Mature Trees, Ranch, Sloped, Wooded, Acreage
View River, Water
Elementary school Serene Hills Elementary
Middle school Lake Travis Middle School
High school Lake Travis High School
Elementary school district Lake Travis ISD
Middle school district Lake Travis ISD
High school district Lake Travis ISD
Directions Take Hwy 71 West towards Marble Falls. Make right on Pace Bend Road. Turn left on Old Ferry Road and property will be up about a mile or two on the left hand side marked by (2) signs.
Standard status Active
APN 356845
Lot size 39.66 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description ABS 2409 SUR 512 BAILEY G W & VAR SURVEYS TOTAL ACR 39.658 (1-D-1)
Tax Annual Amount 77
Legal Description ABS 2409 SUR 512 BAILEY G W & VAR SURVEYS TOTAL ACR 39.658 (1-D-1)

Utilities

Sewer type Septic Needed
Water source Well, Private
Water front 1
Listing Agency: Coldwell Banker Apex
Listed By: Anggay Tenney · License #0766463
Added: Sep 1, 2025 Changed: Aug 29 Last Checked: Sep 2 at 1:06AM
MLS# 591375

Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This waterfront land offering is a fully fenced 39.658-acre ranch property with multiple level building sites. The terrain is mostly flat with gentle elevation changes that slope toward a Pedernales River slough, and includes access down to the slough area. Higher ground outside a partial floodplain is described as providing usable space for future construction. The land is noted as currently agricultural exempt and includes perimeter fencing.

Utilities are in place to support early development planning. The property has a water well and electrical is available; a septic system is needed for future improvements. Stands of mature oaks and native vegetation are scattered throughout, and the site is described as containing a unique “living cave.” The land is also described as appearing not to be zoned and not located within an ETJ, which may broaden potential development flexibility.

Situated within Lake Travis ISD and described as less than a 10-minute drive to Pace Bend Park, the property is presented as suitable for a homestead, ranch headquarters, or future development.

Key Highlights

  • 39.658 acres of fully fenced waterfront land with multiple level building sites
  • Topography is mostly flat with gentle elevation changes sloping toward a Pedernales River slough
  • Water well on site and electrical is available; septic system needed for future improvements

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Computer & Electronic Repair Pet Grooming Service Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 78669, TX

12,415
Population
5,967
Households
2.1
Avg Household Size
48
Median Age
53%
College-Educated
97%
High-School Grad
121.3 sq mi
ZIP Area
102
Density / Sq Mi
$126,422
Median Household Income
$70,140
Median Earnings
$1,940
Median Rent
$576,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Nearly 40-acre, fully fenced waterfront land with a private well and level-to-gently rolling topography.
Where is this agricultural land / farmland located?
The property is located at 23601 Old Ferry Road lot 1 Spicewood, TX.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: 39.658 acres of fully fenced waterfront land with multiple level building sites; Topography is mostly flat with gentle elevation changes sloping toward a Pedernales River slough; Water well on site and electrical is available; septic system needed for future improvements
More about this property
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