234 Terrace DR, Spicewood, TX — photo 1
Price CutEstimated by HomeLocating
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$295,500
2 beds2 baths1,552 sqft

234 Terrace DR, Spicewood TX 78669

MLS #244001251 · Compass RE Texas, LLC · Angie McDowell

Residential
Built in 1988
0.39 Acres Lot
$190/sqft
HOA $125 / annually

About this home

Tucked along the breathtaking Narrows of Lake Travis in the beloved Spicewood Beach community, this 2-bedroom, 2-bath retreat is your affordable entry point into one of Central Texas's most coveted waterfront neighborhoods. With panoramic views of both Lake Travis and the 9-hole golf course, this property delivers scenery that luxury homes charge triple for. The floor plan features two distinct living areas including a sunroom that frames the lake and golf course. A peninsula divides the dining and sunroom areas, creating a natural gathering space complete with bar seating for four. The kitchen features its own eat-in bar. The laundry room offers additional storage and has a stackable washer and dryer, keeping everything functional and tucked away neatly. Built on a pier foundation, the home sits elevated in all the right ways, maximizing those breathtaking views while allowing for excellent airflow throughout. Step outside into a resort-style community featuring a waterfront fishing dock, boat launch, and covered picnic tables— everything you need to fully embrace the Lake Travis lifestyle without the lakefront price tag. The location is perfect, the views are spectacular, and the lifestyle is waiting. Properties with this combination of views, water access, and community amenities at this price point on Lake Travis simply do not last. Whether you're an investor looking for incredible upside potential in one of Texas's hottest lake markets, a weekend escape seeker ready for affordable Lake Travis access, someone craving single-level living surrounded by natural beauty, or a rental visionary ready to capitalize on one of the most in-demand destinations in Texas — this property checks every box. Come for the views. Stay for the lifestyle.

Property details

Property type
Residential · ManufacturedHome
Status
Active
Year built
1988
Full baths
2
Lot size
0.3859
Subdivision
Spicewood Beach
MLS area
LW
MLS #
244001251

Features

Interior features

  • Bookcases
  • Breakfast Bar
  • Ceiling Fan(s)
  • No Interior Steps
  • Open Floorplan
  • Primary Bedroom on Main
  • Stackable W/D Connections
  • Walk-In Closet(s)

Exterior features

  • Balcony
  • Exterior Steps

Additional details

Parking
Golf Cart Garage
Garage spaces
0
Roof
Shingle
Foundation
Pillar/Post/Pier
HOA
$125 / annually
Annual tax
$1,674

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Schools

Assigned schools per the MLS.

School district
Marble Falls ISD
Elementary
Spicewood (Marble Falls ISD)
Middle
Marble Falls
High
Marble Falls

See Marble Falls ISD schools & boundaries →

Comparable homes near 234 Terrace DR

Similar homes currently for sale nearby, ranked by distance.

Getting around

Downtown Austin
29.8 mi
Austin-Bergstrom Airport
36.4 mi

Straight-line distance, not drive time.

Market insights

Compared with 396 active homes in ZIP 78669 · HomeLocating listings

Area median price
$898,949.5
This home vs. median
67% below
Homes with a price cut
32%

At $295,500, this home is priced 67% below the $898,949.5 median across 396 active homes in ZIP 78669.

Estimated monthly payment

$1,767/mo
Principal & interest$1,494/mo
Property taxes
Home insurance (est.)
HOA dues

Home price

$295,500

Down payment

20% ($59,100)

Loan details

30-yr fixed, 6.50%

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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.

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Listing courtesy of Compass RE Texas, LLC · Angie McDowell

Listing data last updated Oct 2, 2026, 11:46 PM

Information is deemed reliable but not guaranteed and should be independently verified. Listing information is provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 HomeLocating.com.

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