1033 Flying X Rd Spicewood, TX 78669
This prestigious 517-acre estate in Spicewood, Texas, offers unparalleled potential. Located in Burnet County, with APN 71297 and zoned ETJ, the property boasts a private 2,900-foot grass airstrip (FAA Identifier: 8TA3), ideal for aviation enthusiasts. The ag-exempt land features fenced pastures, cattle corrals, and a 1,800 sq ft metal barn with a concrete floor. A reliable water well ensures ample water supply. Enjoy breathtaking hilltop views, seasonal creeks, and ponds. The low tax rate of 1.69% adds to the investment appeal. Situated near Lake Travis, backing onto 800+ acres of LCRA parkland, and neighboring the Canyon Ranch Wellness Resort and Loraloma/Thomas Ranch, this location provides both seclusion and convenience. Nearby amenities include boat launches, wineries, distilleries, and golf courses. Just 35 miles from Austin, this property is perfect for a luxury estate, corporate retreat, exclusive community, or other high-end development. The possibilities are limitless. Buyer to verify all information.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.