4607 R O DR, Spicewood TX 78669
MLS #246183654 · Keller Williams - Lake Travis · Megan Mrazek
About this home
Discover a rare opportunity to own a multi-generational gentlemen’s ranch and thriving investment property on 10 acres of unrestricted Texas Hill Country land. Currently operating as a short-term rental and event venue, this estate is equally suited as a private family compound or income-generating retreat. Behind the gated entrance, three distinct residences create endless versatility for hosting, entertaining, or private living. Together, they offer 7 bedrooms, 6 full baths, multiple kitchens and dining areas, and expansive gathering spaces. The Main Ranch House blends Hill Country charm with modern comfort, featuring 4 main-level bedrooms (including 2 suites), a loft, and 3 bathrooms. A two-story Guest House provides a separate kitchenette, dining area, and upstairs suite with bedroom, bath, and sitting area. The third residence serves as an entertainment lodge, complete with a two-room game house and bar on the main level and a full upstairs suite with kitchen, dining, and living space. Outdoors, enjoy resort-style amenities including a heated pool with cascading water features, a gazebo, fenced garden, and ample outdoor living areas framed by rolling terrain and panoramic Hill Country views. Additional outbuildings provide storage, workshop space, and flexible utility. With proven income from Airbnb/VRBO and event rentals, plus no HOA or deed restrictions, this property stands out as both a legacy estate and a premier investment in the heart of Lake Travis ISD. Just minutes from Highway 71 and an easy drive to Austin, it’s a one-of-a-kind lifestyle opportunity in Spicewood.
Property details
- Property type
- Residential · SingleFamilyResidence
- Status
- Active
- Year built
- 2001
- Full baths
- 5
- Half baths
- 1
- Lot size
- 438' x 1029'
- Subdivision
- Scott G W
- MLS area
- LS
- MLS #
- 246183654
Features
Interior features
- 2 Primary Baths
- 2 Primary Suites
- Breakfast Bar
- Ceiling Fan(s)
- High Ceilings
- Chandelier
- Granite Counters
- Double Vanity
- Electric Dryer Hookup
- Eat-in Kitchen
- Entrance Foyer
- In-Law Floorplan
- Interior Steps
- Kitchen Island
- Multiple Dining Areas
- Multiple Living Areas
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Soaking Tub
- Storage
- Walk-In Closet(s)
- Washer Hookup
Exterior features
- Exterior Steps
- Garden
- Lighting
- Private Yard
Additional details
- Parking
- Additional Parking, Detached, Workshop in Garage
- Garage spaces
- 0
- Roof
- Metal
- Foundation
- Slab
- Annual tax
- $28,996
Location
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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
Comparable homes near 4607 R O DR
Similar homes currently for sale nearby, ranked by distance.
Getting around
- Downtown Austin
- 19.9 mi
- Austin-Bergstrom Airport
- 26 mi
Straight-line distance, not drive time.
Market insights
Compared with 397 active homes in ZIP 78669 · HomeLocating listings
At $2,475,000, this home is priced 175% above the $898,900 median across 397 active homes in ZIP 78669.
Estimated monthly payment
Home price
$2,475,000
Down payment
20% ($495,000)
Loan details
30-yr fixed, 6.50%
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Listing courtesy of Keller Williams - Lake Travis · Megan Mrazek
Listing data last updated Oct 2, 2026, 11:46 PM
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