Spicewood, TX
Commercial Real Estate Market Trends & Data

$592 Avg asking sale price
$17 Avg asking lease rate
5,719 SF Avg unit lease size
5,279 SF Avg building size for sale
6.42% Average cap rate

Spicewood's Demographic Profile

Spicewood has 9,241 households and a median income of $136,864, providing context for rent absorption and tenant demand across retail and multifamily assets. A +14% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 25,332
# Households 9,241
Median age 46
Median household income $136,864
Avg household size 3.0
Renter-occupied housing units 946
5-year population change +14%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Spicewood, TX

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Nearby Retail Markets Avg Cost/SF Typical Size
Spicewood $499 4,637 SF
Lago Vista $334 2,988 SF
Lakeway $675 11,661 SF
Marble Falls $497 3,323 SF
Bee Cave $901 13,594 SF

Commercial Properties For Sale in Spicewood

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

2409 Pace Bend Road South

Spicewood, TX 78669

  • 2 AC Lot
  • 1 Commercial Lot
  • $424,500
For Sale

The Villas at Canyon Highland

Lago Vista, TX 78645

  • 3 AC Lot
  • 1 Residential Income Lot
  • $600,000
For Sale

Crawford Ranch

Spicewood, TX 78669

  • 39.40 AC Lot
  • 1 Residential Income Lot
  • $11,000,000
For Sale

15 Beautiful Hill Country Acres

Dripping Springs, TX 78620

  • 15 AC Lot
  • 1 Commercial Lot
  • $4,450,000
For Sale

1.739 Acres on Haynie Flat Rd Commercial use

Spicewood, TX 78669

  • 1.73 AC Lot
  • 1 Commercial Lot
  • $450,000
For Sale

Bee Creek Lakeside

Spicewood, TX 78669

  • 44.65 AC Lot
  • 1 Residential Income Lot
  • $4,800,000

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Spicewood pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Spicewood $592 5,279 SF
Lago Vista $322 9,355 SF
Lakeway $409 7,624 SF
Marble Falls $449 5,294 SF

Regional Demographic Comparison

This comparison places Spicewood alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Spicewood or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Spicewood 25,332 9,241 46 $136,864 3 946 14%
Lago Vista 12,025 5,104 52 $97,907 2 832 13%
Lakeway 22,163 8,587 50 $163,658 3 1,504 10%
The Hills 2,306 977 57 $166,946 2 67 6%
Marble Falls 7,996 3,279 42 $53,105 2 1,652 15%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Spicewood, TX and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Spicewood

View All Commercial Real Estate For Sale in Spicewood
Is Spicewood a good market for a first-time commercial real estate investor?

Spicewood offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Spicewood?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Spicewood. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Spicewood?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Spicewood. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Spicewood compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Spicewood. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Spicewood acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Spicewood, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

Nearby Market Trends