Fixer-Upper Homes in Spicewood, TX

5 active fixer-upper homes in Spicewood, TX from $149,000 · The median list price in Spicewood is $899,000.

Estimated by HomeLocating

333 Spicewood Trails DR
Fixer-UpperEstimated by HomeLocating
$699,999

333 Spicewood Trails DR, Spicewood TX 78669

MLS #247685087 · LPT Realty, LLC · Angie Gospodarczyk

4 bd·3.5 ba·3,081 sqft
1115 Edgewater DR
Motivated SellerEstimated by HomeLocating
$399,900

1115 Edgewater DR, Spicewood TX 78669

MLS #241425548 · Horseshoe Bay ONE Realty · Carol Hardy

5 bd·2 ba·1,237 sqft
205 Singleton DR
Motivated SellerEstimated by HomeLocating
$149,000

205 Singleton DR, Spicewood TX 78669

MLS #222509767 · Bramlett Partners · Marley Bautista

1 bd·1 ba·960 sqft
1131 Edgewater DR
Motivated SellerEstimated by HomeLocating
$499,900

1131 Edgewater DR, Spicewood TX 78669

MLS #241184786 · Moreland Properties · Linnann Guest

2 bd·1.5 ba·940 sqft
333 Spicewood Trails DR
Motivated SellerEstimated by HomeLocating
$734,900

333 Spicewood Trails DR, Spicewood TX 78669

MLS #244848182 · LPT Realty, LLC · Angie Gospodarczyk

4 bd·3.5 ba·3,081 sqft

Nearby Fixer-Upper Homes (within 10 miles)

7 fixer-upper homes in nearby cities within 10 miles of Spicewood, TX — not included in the Spicewood count above. Each home shows its own city.

4100 Outpost TRCE
Fixer-UpperEstimated by HomeLocating
$429,000

4100 Outpost TRCE, Lago Vista TX 78645

MLS #246484741 · eXp Realty, LLC · Todd Massey

3 bd·3.5 ba·2,608 sqft
22224 Cape Travis BND
Fixer-UpperEstimated by HomeLocating
$675,000

22224 Cape Travis BND, Lago Vista TX 78645

MLS #244753566 · Graham & Co Realty Group · Greg Graham

5 bd·4 ba·4,049 sqft
21405 Horseshoe LOOP
Fixer-UpperEstimated by HomeLocating
$130,000

21405 Horseshoe LOOP, Lago Vista TX 78645

MLS #246365119 · La Casa Realty Group · Jaime Elizalde

3 bd·2 ba·1,456 sqft
4205 Park DR
Motivated SellerEstimated by HomeLocating
$1,300,000

4205 Park DR, Lago Vista TX 78645

MLS #242544623 · Pure Realty · Rebecca Vita

4 bd·3 ba·4,156 sqft
3807 Boat Dock RD
Fixer-UpperEstimated by HomeLocating
$1,250,000

3807 Boat Dock RD, Lago Vista TX 78645

MLS #243541427 · All City Real Estate Ltd. Co · Jerry Castillo

3 bd·2 ba·2,850 sqft
300 Stone Ridge DR
Motivated SellerEstimated by HomeLocating
$479,900

300 Stone Ridge DR, Austin TX 78734

MLS #233557370 · Houstonian Realty LLC · Dee Ann Simp Simpson

3 bd·1 ba·1,344 sqft

About Fixer-Upper Homes in Spicewood, TX

A fixer-upper is a home that needs repairs, updates, or renovation — and because it isn't move-in ready, it usually sells for less than comparable updated homes nearby. That gap is the appeal: buyers willing to put in the work, or manage it, can build equity through the improvements rather than paying full price for someone else's finishes. Fixer-uppers range widely. Some need only cosmetic work — paint, flooring, a kitchen or bath refresh — while others need major systems addressed, like the roof, foundation, plumbing, electrical, or HVAC. That difference matters a lot for budget and timeline, so it's worth identifying which kind you're looking at early. The fixer-upper and value-priced homes shown here for Spicewood are drawn from live MLS data and refreshed regularly; listing remarks and condition notes are a starting point, and the true scope of work is confirmed with your own inspections, not judged from photos alone. Because HomeLocating is an independent home-search platform, you get a neutral view of what's available in and around Spicewood — including the value-priced and as-is inventory the big portals don't always surface clearly.

Buying and Financing a Fixer-Upper in Spicewood

Buying a fixer-upper takes a little more planning than buying a move-in-ready home, and the financing is often the part people don't realize they have options for. You don't necessarily have to pay cash for repairs: renovation loans — such as the FHA 203(k) and the Fannie Mae HomeStyle Renovation loan — let you roll the purchase price and the cost of the work into a single mortgage, and renovation options exist for VA-eligible buyers. Before you commit, get a thorough inspection so the scope of work is clear, then budget realistically and add a contingency, because older homes tend to reveal surprises once work begins. It's also worth confirming what permits the work will need and whether the home is livable during the renovation, since that affects both timeline and cost. None of this is construction or financial advice, and HomeLocating is not a lender — but knowing the renovation-loan options and getting the home properly inspected are the two steps that keep a fixer-upper from becoming a money pit. When you're ready, browse the fixer-upper and value-priced homes available in Spicewood above, and reach out about any that interest you to look at the condition and the numbers together.

Thinking about a fixer-upper? Finance the home and the work together.

Renovation loans like the FHA 203(k) and Fannie Mae HomeStyle let you roll the purchase price and the cost of repairs into a single mortgage — so you don't need cash for the work up front. Which loan fits depends on the home and your situation. Tell us the home or area you're interested in and we'll help you explore the options.

Frequently Asked Questions

What is a fixer-upper home?

A fixer-upper is a home that needs repairs, updates, or renovation. Because it isn't move-in ready, it typically sells for less than comparable updated homes, which can let a buyer build equity through the improvements.

How can I finance a fixer-upper?

Renovation loans let you finance the purchase and the repairs together. The FHA 203(k) loan and the Fannie Mae HomeStyle Renovation loan both roll the cost of the work into a single mortgage, and renovation options exist for VA-eligible buyers. Which loan fits depends on your situation and is confirmed with a lender.

What should I check before buying a fixer-upper?

Get a thorough inspection so the full scope of work is clear, budget realistically and add a contingency for surprises, and confirm what permits the work will require and whether the home is livable during the renovation. The listing is a starting point; the real condition is confirmed by inspection.

What's the difference between a cosmetic and a major fixer-upper?

A cosmetic fixer-upper needs surface-level work like paint, flooring, or a kitchen or bath refresh. A major fixer-upper needs structural or systems work — such as the roof, foundation, plumbing, electrical, or HVAC — which usually costs more and takes longer. Identifying which kind a home is helps set the budget and timeline.

Are fixer-uppers a good investment?

A fixer-upper can offer value by letting a buyer build equity through improvements rather than paying full price for updated finishes, but the outcome depends on the scope of work, the budget, and the local market — there's no guarantee. A careful inspection and a realistic renovation budget are what make the numbers work.

Can I get a loan that covers the cost of renovations?

Yes. Renovation loans such as the FHA 203(k) and Fannie Mae HomeStyle Renovation loan are designed to cover both the purchase and the cost of the work in one mortgage, so you don't need to pay for repairs separately in cash. A lender can confirm which option you qualify for.

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