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    10163 Co Rd Spicewood, TX 78669

    For Sale
    $9,195,725

    Unrestricted acreage, stunning views

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 108.18-acre property in Spicewood, Texas, offers unrestricted zoning and breathtaking views of Lake Travis and the surrounding landscape, including a glimpse of Enchanted Rock on a clear day. Located at 10163 Co Rd 404, Burnet County, this land boasts expansive vistas and is situated in a prime location near Canyon Ranch Wellness Resort and Loraloma. The property is part of a larger potential acquisition, with the possibility of expanding to 452.97 acres by combining it with three adjacent parcels. This unique opportunity allows for diverse development possibilities, including a luxury event center, VRBO rentals, vineyard, wellness center, or music/wedding venue. The property's adjacency to 276 acres of LCRA parkland provides access to scenic hiking, biking, and equestrian trails leading directly to Lake Travis. The property also offers frontage on both sides of CR 404, enhancing accessibility and development potential. Nearby amenities include boat launches, luxury country club communities, renowned wineries and distilleries, Krause Springs, and Cypress Valley. Potential water and sewer services are available. The property is approximately 35 miles from Austin. All information, including taxes, restrictions, and lot size, should be independently verified by the buyer.

    Property Features for 10163 Co Rd

    General Information

    Property type
    Farms
    Lot Size
    4,712,321 SF

    HighLights

    • 108.18‑acre unrestricted tract in Spicewood, TX with stunning Lake Travis views.
    • Prime location near Canyon Ranch and Loraloma, with potential expansion to 452.97 acres.
    • Diverse development potential including luxury event center, VRBOs, or wellness retreat.
    • Frontage on both sides of CR 404, plus adjacency to 276 acres of LCRA parkland with lake access.
    • ~35 miles from Austin, near wineries, boat launches, and other amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Spicewood
    County
    Burnet
    State
    Texas
    Longitude
    -98.1361958
    Latitude
    30.4612847

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    FAQs

    What type of property is this?
    Farm - Unrestricted acreage, stunning views
    Where is this farm located?
    The property is located at 10163 Co Rd Spicewood, TX.
    What is the asking price?
    The asking price for this property is $9,195,725.
    What are key features of this property?
    This property features: 108.18-acre unrestricted tract in Spicewood, TX with stunning Lake Travis views.; Prime location near Canyon Ranch and Loraloma, with potential expansion to 452.97 acres.; Diverse development potential including luxury event center, VRBOs, or wellness retreat.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10163 Co Rd Spicewood, TX 78669
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