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    21411 State Hwy Spicewood, TX 78669

    • Land
    • 20.00 lot acres
    For Sale
    View listing
    $8,500,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 21411 State Hwy

    Lot size
    20.00 lot acres
    Property type
    Land

    Description

    This exceptional 20-acre commercial land parcel presents a unique investment opportunity in the rapidly growing Spicewood, Texas market. Located at 21411 West State Highway 71, Burnet County, TX 78669, this property boasts 400 feet of frontage on Highway 71, offering unparalleled visibility and accessibility. The land is comprised of two 10-acre tracts, one fronting Highway 71 and the other fronting Reimers Peacock Road (see plat for details). Enjoy stunning views of Lake Travis. The property is at grade level, making it ideal for development. Currently, there is an older home on the property which is occupied

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spicewood
    County
    Burnet
    State
    Texas
    Longitude
    -98.0675
    Latitude
    30.3565

    Comparable in this City

    • Value Estimation by Request
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      3.85 Acres

      State Hy 71

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      0.70 Acres

      19305 State Highway 71

      Land • 0.70 Acres
      19305 State Highway 71, Spicewood, TX 78669
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      221.00 Acres

      7643 Co Rd

      Farms • 221.00 Acres
      7643 Co Rd, Spicewood, TX 78669
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      9.42 Acres

      25812 Red Brangus Rd

      Land • 9.42 Acres
      25812 Red Brangus Rd, Spicewood, TX 78669
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      108.18 Acres

      10163 Co Rd

      Farms • 108.18 Acres
      10163 Co Rd, Spicewood, TX 78669
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    • Contact for pricing
      10.50 Acres

      Hwy 71 Commercial Land Tract

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      2.85 Acres

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    Similar Nearby for Lease

    • $1,100 /Mo

      Highway Frontage Land Lease

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      Automotive Repair and Detailing Space

      Commercial property ideal for automotive repair and detailing business.
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    21411 State Hwy
    Spicewood, TX 78669
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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
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