23621 Indian Divide CV, Spicewood, TX — photo 1
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This home is under contract and no longer accepting offers. The price below is the last listed price, kept for reference only — if the deal falls through it may return to the market.

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Last listed price
$1,199,000
4 beds2 baths3,481 sqft

23621 Indian Divide CV, Spicewood TX 78669

MLS #242057239 · Res and Ranch LLC · Russell Martinez

Residential
Built in 2003
2.24 Acres Lot
$344/sqft
HOA $800 / annually

About this home

The water is back! Lake Travis and the Pedernales River are once again delivering the waterfront lifestyle buyers have been waiting for. Rare Pedernales River waterfront compound with direct boat access to Lake Travis. Situated on 2.24 private acres at the end of a quiet cul-de-sac, this exceptional Hill Country retreat offers the lifestyle buyers dream about—boating, wake surfing, wakeboarding, fishing, entertaining, and gathering with family and friends right from your own backyard. The property's private covered double-slip boat dock features a boat lift, jet ski lift with room for, storage room, and sun deck, providing easy access to one of the most desirable stretches of the Pedernales River for recreational boating and wake surfing. Designed for indoor-outdoor living, the grounds include a freeform stone pool and spa with water feature, multiple patios, outdoor fireplaces, a built-in wood-fired BBQ area, pergola-covered entertaining spaces, greenhouse, and raised garden beds. Mature oak trees and a long private drive create a peaceful setting with exceptional privacy. The single-story residence offers authentic Texas Hill Country character with vaulted ceilings, exposed wood beams, decorative archways, a floor-to-ceiling stone fireplace, and abundant windows that capture the natural surroundings. The chef's kitchen features granite countertops, a large center island, custom stone accents, stainless appliances, and walk-in pantry. A detached guest house with kitchenette and full bath provides flexible accommodations for guests, extended family, or a private office. Additional amenities include a heated and cooled 3-car garage with epoxy flooring, separate workshop garage with EV charger, RV parking with full hookups, and solar panels. Whether you're searching for a full-time residence, waterfront getaway, or legacy property to enjoy for generations, this unique Pedernales River retreat delivers an unmatched Hill Country lifestyle.

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
2003
Full baths
2
Lot size
2.24
Subdivision
Paleface Ranch Sec 03
MLS area
LS
MLS #
242057239

Features

Interior features

  • Breakfast Bar
  • Ceiling Fan(s)
  • Beamed Ceilings
  • Granite Counters
  • Double Vanity
  • High Speed Internet
  • In-Law Floorplan
  • Kitchen Island
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Soaking Tub
  • Walk-In Closet(s)

Exterior features

  • Barbecue
  • Boat Dock - Private
  • Boat Lift
  • Boat Slip
  • Electric Car Plug-in
  • Garden
  • Gutters Full
  • RV Hookup

Additional details

Parking
Additional Parking, Detached, Driveway, Electric Vehicle Charging Station(s), Garage, Parking Pad, RV Access/Parking
Garage spaces
4
Roof
Composition
Foundation
Slab
HOA
$800 / annually
Annual tax
$14,010

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Schools

Assigned schools per the MLS.

School district
Lake Travis ISD
Elementary
West Cypress Hills
Middle
Lake Travis
High
Lake Travis

See Lake Travis ISD schools & boundaries →

Market insights

Compared with 400 active homes in ZIP 78669 · HomeLocating listings

Area median price
$898,899.5
This home vs. median
33% above
Homes with a price cut
32%

At $1,199,000, this home is priced 33% above the $898,899.5 median across 400 active homes in ZIP 78669.

Estimated monthly payment

$7,798/mo
Principal & interest$6,063/mo
Property taxes
Home insurance (est.)
HOA dues

Home price

$1,199,000

Down payment

20% ($239,800)

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 Res and Ranch LLC · Russell Martinez

Listing data last updated Aug 21, 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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