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Fred Milling
Sales/Leasing
REALTOR®
(512) 623-0580
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11151 State Highway 71 , Spicewood, TX 78669

$1,395,000
  • 11151 State Highway 71 , Spicewood, TX 78669 Main Photo

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New to the Market Active
MLS#3329930
STATUSActive PROPERTY TYPECommercial - Business SUBDIVISIONA1868 - (SMFA) SOUTH OF MF ACREAGE

Property Description

Privately gated and fully fenced, this exceptional Hill Country property presents a rare opportunity to own a three-unit mixed-use compound in the heart of Spicewood. Situated on 2.5 serene acres, the property offers panoramic Hill Country views, complete privacy, and remarkable flexibility?ideal for owner-users, live/work operations, short-term rental income, boutique office, or a strategic investment.Designed for versatility, the property features three distinct units, each with its own layout and outdoor space to maximize usability and appeal. A long private drive provides ample on-site parking, in addition to a two-car garage and detached carport. Mixed zoning allows for both residential and commercial use, offering a unique opportunity for a variety of business or income-producing applications in this highly desirable Hill Country location.All three units were rebuilt from the studs in 2025, blending high-end finishes with a refined modern farmhouse aesthetic. Interiors feature quartz countertops, custom cabinetry, new appliances, luxury vinyl plank flooring, energy-efficient windows, upgraded insulation, and new HVAC systems throughout.The first unit offers approximately 1,784 SF with flexible office or living space and a private deck overlooking a courtyard. The second unit offers approximately 1,440 SF with additional workspace potential and private outdoor areas. The third unit, located above the garage, offers approximately 1,381 SF with elevated Hill Country views and open-concept flexibility.Conveniently located just off Highway 71 with easy access to Bee Cave, Marble Falls, and Lake Travis, this one-of-a-kind property offers a compelling combination of acreage, mixed-use zoning, income potential, and accessibility. No HOA, low tax rate, and short-term rentals allowed, including Airbnb and VRBO.

11151 State Highway 71 | MLS# 3329930

This commercial property located at 11151 State Highway 71 , Spicewood, TX 78669 is currently listed for sale with an asking price of $1,395,000. Search Spicewood real estate on www.millingaboutre.com today.

Upcoming Open Houses

Open House Saturday March 21st, 1:00pm - 3:00pm

Property Features

Property Type: Commercial - Business
Cooling: Ceiling Fan(s), Central Air, Electric, Zoned
Fenced: Yes
Heating: Central, Electric, Hot Water, Propane
Lot Size: 2.50 Acres
Stories: 2.0
Taxes: $11,712
Year Built: 1984

Feature Descriptions

Accessibility: See Remarks
Area #: LW
Building Features: See Remarks, Appliances, Computer Ready, Electric Dryer Connections, Fixtures, Kitchen Equipment, Living Area/Building, Multi-User, Open Space, Private Restrooms, Receptions Room, Refrigeration Unit, Separate Shower, Showers - Office, Stackable W/D Connections, Stackabl
Exterior: HardiPlank Type, Stone
Flood Plain: No
Flooring: No Carpet, Tile, Vinyl, Wood
Other Equipment: See Remarks
Parcel#: 11151 State Highway 71
Parking: Additional Parking, Assigned, Carport, Common, Covered, Detached Carport, Driveway, Electric Gate, Garage, Garage Faces Front, Gated, Private, Shared Driveway, Varies by Unit
Parking Notes: Additional Parking, Assigned, Carport, Common, Covered
Restrictions: See Remarks
Security: See Remarks, Secured Garage/Parking, Security Fence
Sewer: Septic Tank
Special View Info: Hill Country, Panoramic, Park/Greenbelt, Trees/Woods
Topography: Flat, rolling hills, many trees, views
Utilities: Electricity Available, Electricity Connected, Propane, Water Available
Water: Well

Listed By / Shown By

Listed By

Agency Name: HALLMARK LUXURY REAL ESTATE
Agency Phone: (512) 750-9737

Shown By

Agent Name: Fred Milling
Agent Phone: (512) 623-0580
Agency Title: Realty Capital City

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) 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. Information on this site was last updated 03/19/2026. The listing information on this page last changed on 03/19/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 03/19/2026 4:24:58 AM EST) or Austin MLS (last updated Thu 03/19/2026 12:27:31 AM EST) or CTXMLS (last updated Wed 03/18/2026 11:34:26 PM EST). Real estate listings held by brokerage firms other than Realty Capital City may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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