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4607 R O Dr 6,137 SF Specialty Building Offered at $2,475,000 in Spicewood, TX 78669
Investment Highlights
- ?10 unrestricted acres in the Texas Hill Country
- ?7 bedrooms & 6 full bathrooms
- ?Proven Airbnb/VRBO and event rental income
- ?3 separate residences offering flexible live/investment potential
- ?Currently operating as a short-term rental and event venue
- ?Ideal for a family compound, gentleman’s ranch, or investment property
Executive Summary
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 Facts
| Price | $2,475,000 | Lot Size | 10.01 AC |
| Price Per SF | $403.29 | Building Size | 6,137 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Specialty | Year Built | 2001 |
| Property Subtype | Lodge/Meeting Hall | Parking Ratio | 1.79/1,000 SF |
| Building Class | B | ||
| Zoning | None - No zoning - unrestricted 10 acres | ||
| Price | $2,475,000 |
| Price Per SF | $403.29 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Lodge/Meeting Hall |
| Building Class | B |
| Lot Size | 10.01 AC |
| Building Size | 6,137 SF |
| No. Stories | 2 |
| Year Built | 2001 |
| Parking Ratio | 1.79/1,000 SF |
| Zoning | None - No zoning - unrestricted 10 acres |
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 355533 | Improvements Assessment | $1,093,878 |
| Land Assessment | $1,063,244 | Total Assessment | $2,157,122 |
Property Taxes
Parcel Number
355533
Land Assessment
$1,063,244
Improvements Assessment
$1,093,878
Total Assessment
$2,157,122
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4607 R O Dr