BEDS5
BATHS5 full
SQUARE FEET4,605
MLS#9247371
STATUSActive
PROPERTY TYPEResidential -
SUBDIVISIONA1868 - (SMFA) SOUTH OF MF ACREAGE
SCHOOLMarble Falls ISD
Property Description
Privately gated and fully fenced, this exceptional Hill Country estate presents a rare opportunity to own a three-residence compound in the heart of Spicewood. Situated on 2.5 serene acres, the property offers panoramic Hill Country views, complete privacy, and remarkable flexibility, making it ideal for a family compound, multigenerational living, live-work estate, equestrian retreat, or strategic investment.Designed for privacy, the property features three distinct residences, each with its own layout and outdoor space designed to capture the surrounding natural beauty. A long private drive provides ample parking, plus a two-car garage and detached carport.Mixed zoning allows residential and commercial use, a rare find in this desirable Hill Country location. Horses are allowed, and the property benefits from a very low tax rate with no HOA.All three residences were rebuilt from the studs in 2025, blending high-end finishes with a refined modern farmhouse aesthetic. Kitchens feature quartz countertops, custom cabinetry, and new appliances, while updates include luxury vinyl plank flooring, energy-efficient windows, upgraded insulation, and new HVAC systems.The first residence offers 1,784 SF with 2 bedrooms, 2 baths, and a flexible office or dining space with a private deck overlooking a courtyard. The middle residence offers 1,440 SF with 2 bedrooms, 2 baths, an office, and a private courtyard and deck. The third residence, above the garage, offers 1,381 SF with elevated Hill Country views, open living areas, and a spacious bedroom and bath.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 rare combination of acreage, mixed zoning, income potential, and Hill Country lifestyle in one exceptional setting.No restrictions and short-term rentals allowed, including Airbnb and VRBO.
Property Features
Property Type: Residential -
Cooling: Ceiling Fan(s), Central Air, Electric, Zoned
Fenced: Yes
Garage: 2
Heating: Central, Electric, Hot Water, Propane
Lot Size: 2.50 Acres
Roof Type: Composition, Shingle
Stories: 2.0
Taxes: $11,712
Year Built: 1984
Amenities
Breakfast Bar
Ceiling Fan(s)
High Ceilings
Vaulted Ceiling(s)
Quartz Counters
Double Vanity
Electric Dryer Hookup
Eat-in Kitchen
Interior Steps
Kitchen Island
Multiple Dining Areas
Multiple Living Areas
Open Floorplan
Primary Bedroom on Main
Recessed Lighting
Soaking Tub
Stackable W/D Connections
Walk-In Closet(s)
Washer Hookup
Feature Descriptions
Accessibility: See Remarks
Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Washer/Dryer, Washer/Dryer Stacked, Tankless Water Heater, WaterSoftener
Area #: LW
Community Features: Courtyard, Dog Park, Garage Parking, Gated
Days on Site: 5
Exterior: HardiPlank Type, Stone
Fencimg: See Remarks, Back Yard, Electric, Fenced, Front Yard, Full, Gate, Perimeter, Privacy, Security, Stone, Wood, Wrought Iron
Flood Plain: No
Flooring: No Carpet, Tile, Vinyl, Wood
Horse Amenities: See Remarks, Pasture
Laundry: Electric Dryer Hookup, Washer Hookup
Lot: Back to Park/Greenbelt, Back Yard, Front Yard, Landscaped, Many Trees, Views
Lot Dimensions: 300 x 377
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
Patio/Porch: Deck, Side Porch
Security: See Remarks, Secured Garage/Parking, Security Fence
Sewer: Septic Tank
Special View Info: Hill Country, Panoramic, Park/Greenbelt, Trees/Woods
Utilities: Electricity Available, Electricity Connected, Propane, Water Available
Water: Well
Local Schools
High School: Marble Falls
Middle School: Marble Falls
Elementary School: Spicewood (Marble Falls ISD)
School District: Marble Falls ISD
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
Estimate Your Payment
Estimated Payment
$ 4,487.54 per month $3,104.67 Principal & Interest $976.00 Property Tax $406.88 Homeowner's InsuranceChange Payment Information
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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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Each office independently owned and operated.
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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11151 State Highway 71 | MLS# 9247371
This home located at 11151 State Highway 71, Spicewood, TX 78669 is currently listed for sale with an asking price of $1,395,000. This property was built in 1984 and has 5 bedrooms and 5 full baths with 4605 sq. ft. State Highway 71 is located in the A1868 - (SMFA) SOUTH OF MF ACREAGE subdivision within the Marble Falls ISD school district. Search A1868 - (SMFA) SOUTH OF MF ACREAGE real estate on www.millingaboutre.com today.