Spicewood | Diana Roberts · Compass Austin
HomeCommunitiesSpicewood
Travis County, Texas · 78669 · Acreage & Privacy

SpicewoodHomes for Sale

Untouched Hill Country. Large lots. Lake Travis access. Thirty-five minutes from downtown Austin.

Spicewood — Diana Roberts Compass Austin
$750K
Median Sold Price
78669
Primary ZIP Code
1–10+
Typical Lot Size (Acres)
45
Avg Days on Market
$40K+
Annual Ag Exemption Savings
The Territory

Seclusion.
Without Sacrifice.

Spicewood occupies the far western reaches of Travis County along Lake Travis and the Pedernales River — offering the raw beauty of the Texas Hill Country with an Austin address. Large lots (typically 1–10+ acres), ag exemptions, and minimal deed restrictions attract buyers seeking space, privacy, and nature without sacrificing proximity.

Communities include West Cypress Hills, Paleface Ranch, Briarcliff, and various lakefront subdivisions along the Travis/Burnet county line. Lake Travis ISD serves most of Spicewood, though some areas fall in Marble Falls ISD — a boundary distinction that significantly affects certified appraised value.

Diana Roberts understands Spicewood's unique complexities: ag exemption qualification and continuity, well and septic due diligence, flood zone mapping along the Pedernales, and the LCRA easements that define lakefront access. This is specialist territory that requires appraiser training, not just agent experience.

Ask Diana About Spicewood
Spicewood neighborhood scene Spicewood outdoor amenity Spicewood home exterior Spicewood Hill Country detail — cedar, limestone, or open sky
Spicewood at a Glance
LocationSpicewood, TX 78669
Typical Lot Size1–10+ acres
Price Range$500K – $4M+
Median Sold~$750K
School DistrictsLake Travis ISD / Marble Falls ISD
WaterWell & Septic common
Ag ExemptionAvailable on qualifying lots
Lake AccessLake Travis & Pedernales River
Tax Rate~1.8–2.1% (before exemptions)
Diana's Insider Note

"Spicewood due diligence is the most complex I do outside of waterfront. Well water quality, septic system capacity, ag exemption continuity, flood zone classification, ISD boundary — five separate technical analyses before I let a buyer sign a contract here. Most agents do none of them."

Diana Roberts · Licensed General Appraiser · TX Agent

Why Spicewood

Four things that make Spicewood
unlike any other Austin market.

Agricultural Exemptions
Qualifying lots can save $15,000–$40,000+ annually on property taxes. Ag exemption qualification, continuity through a sale, and requalification strategies are Diana's standard practice in every Spicewood transaction.
Real Land. Real Privacy.
1–10+ acres with minimal neighbors and minimal deed restrictions. The kind of lot that simply doesn't exist within 30 minutes of downtown Austin in any other direction.
Lake Travis & Pedernales Access
Multiple Spicewood communities have LCRA lake access, community boat ramps, or deeded waterfront. Diana evaluates all access rights, permits, and LCRA documentation as standard due diligence.
Specialist Due Diligence
Well water quality testing, septic capacity analysis, flood zone FEMA mapping, ISD boundary verification — Spicewood requires a different due diligence playbook. Diana runs it every time.
Inside Spicewood

Spicewood Sub-Areas.
Each Requiring Different Analysis.

ISD boundary, water source, ag exemption status, and lake access type vary significantly across Spicewood — and each variable affects certified appraised value.

01
Lake Travis ISD · Planned Community · Amenities
West Cypress Hills
One of Spicewood's most established planned communities — Lake Travis ISD, community pool, and HOA structure. More suburban in character than raw Spicewood acreage.
02
Lakefront · LCRA Access · Older Construction
Briarcliff & Lake Travis Shores
Lakefront and lake-access communities on the south shore. Older construction, often needing renovation. LCRA dock permits, setbacks, and water rights are central to value here.
03
Maximum Acreage · Ag Exemptions · True Privacy
Paleface Ranch & Rural 78669
The true Spicewood experience — large lots, ag exemption potential, minimal deed restrictions, raw Hill Country setting. Well and septic are standard. Highest due diligence complexity.
04
County Line Area · Large Lots · Value Pricing
North Spicewood
Largest lots at the lowest prices in the corridor — but school district shifts to Marble Falls ISD in parts. A distinction worth $100K+ on comparable properties. Diana maps it before any offer.

Diana's Appraiser Note: Spicewood is the market where not having a certified appraiser costs buyers the most. Ag exemption continuity, well production rates, septic system age, LCRA flood zone classification — these are technical analyses that standard agents skip and Diana performs as standard practice.

Wide open Hill Country landscape in Spicewood — big sky, cedar, limestone
ISD Boundary Alert

Lake Travis ISD vs. Marble Falls ISD:
The Boundary That Costs Money.

The Lake Travis / Marble Falls ISD boundary runs through Spicewood 78669. Comparable properties on opposite sides have measurably different certified values. Know before you offer.

LTISD K–12
Lake Travis ISD Schools
Most of Spicewood 78669
Top 5% in Texas — Serene Hills Elem, Lake Travis Middle, Lake Travis High School pipeline
MFISD K–12
Marble Falls ISD Schools
North Spicewood & County Line Area
Serves north Spicewood and parts approaching Burnet County — separate district, distinct value profile
Note
ISD Verification Critical
Before Any Offer in Spicewood
Diana maps exact ISD boundaries for every Spicewood property before recommending an offer — the value difference is measurable
Location

Deep Hill Country.
Austin Address.

35–45 minutes from downtown Austin via Highway 71 — the trade-off buyers make for real land and real privacy.

Downtown Austin~35–45 miles via Hwy 71
Hill Country Galleria20–25 minutes
Bee Cave / Lakeway15–20 minutes
Lake Travis / Boat Ramp5–15 min (varies by location)
Fredericksburg / Wine Country1 hour
Austin-Bergstrom Airport45–55 minutes
Marble Falls~30 minutes west
Diana's Perspective

"Spicewood is where I see the most costly buyer mistakes — and the most preventable ones. An unpermitted structure, a failed well, a lapsed ag exemption, a Marble Falls ISD address marketed as Lake Travis ISD — these are things a certified appraiser catches in due diligence. A standard agent often misses them until closing."

Diana Roberts · Licensed General Appraiser · CA Broker · TX Agent

Why Diana Is Different Here
Certified General AppraiserAg exemption continuity, well production, septic capacity — certified analysis before any contract.
Ag Exemption ExpertiseQualification, continuity, and requalification strategy. $15K–$40K+ in annual tax savings on the line.
ISD Boundary MappingLTISD vs. MFISD — Diana maps it precisely. The value difference is documented, not guessed.
LCRA & Rural Due DiligenceFlood zones, lake access rights, dock permits — standard protocol on every Spicewood transaction.
Not a team — just DianaRural complexity demands an expert who stays in the file. Diana does not hand off.
Why Diana · Compass Austin

The credential stack no other agent
in this corridor can match.

Credential

Certified General
Appraiser — Texas

The highest appraiser designation issued by the State of Texas — earned, not conferred. Diana is one of a small number of licensed agents in the Austin market who is also a Certified General Appraiser. That means she prices homes the way banks do: with comparable analysis, cost methodology, and a certification your lender will accept on any transaction, any price point.

Most agents estimate value. Diana certifies it. That distinction is worth real money on both sides of a transaction.

Texas Certified General Appraiser · License Active
Compass Advantage

Coming Soon &
Private Exclusives

Compass is the only brokerage with a national Coming Soon and Private Exclusive platform — giving Diana's sellers exposure to 60M+ potential buyers before a home ever hits the MLS. No days-on-market clock. No price history. No negotiating leverage lost before day one.

Sellers who launch through Compass Coming Soon consistently close at a higher price-per-square-foot than comparable homes that went straight to MLS. Diana's buyers get access to this off-market inventory first — before it's available to anyone else.

Diana Roberts · Compass Austin · Senior Agent
Diana Roberts

23 Years.
$600M+ Closed.

Diana came to real estate from an International Marketing degree at Oxford Brookes University — which is a long way of saying she understands how to position a home, not just list it. She earned her California broker license in 2003, moved into luxury markets, built a practice around precision over volume, and added her Texas license when she and her family moved to Serene Hills.

She is not a team. She does not hand clients off. When you work with Diana, you work with Diana — through offer, inspection, appraisal, and closing.

CA Broker since 2003 · TX Agent · Oxford Brookes Marketing

Questions about credentials, pricing methodology, or the Compass Coming Soon process?

Pedernales River or Lake Travis cove from Spicewood access
Spicewood acreage lot — representative of the 1-10 acre privacy draw
Spicewood
Frequently Asked Questions

Spicewood Answered.

Diana responds personally — call (512) 888-8326

What is a Texas agricultural exemption and how do I qualify?

A Texas ag exemption (formally 1-d-1) taxes land on its agricultural productivity value rather than market value — reducing property taxes by $15,000–$40,000+ annually on qualifying parcels. Qualifying uses include cattle grazing, hay production, beekeeping, and orchard farming. Continuity through a sale requires documentation and timely re-application. Diana evaluates ag exemption status and continuity as standard practice in every Spicewood transaction.

What should I know about well water and septic in Spicewood?

Most Spicewood properties beyond platted subdivisions use private wells and septic systems. Diana's standard due diligence includes professional water quality testing, well production rate testing, and septic system inspection. She knows which inspectors have the most rigorous protocols for Spicewood-area geology and helps structure contingencies appropriately.

What is the Lake Travis ISD / Marble Falls ISD boundary in Spicewood?

The boundary runs roughly through the middle of ZIP code 78669. Most of West Cypress Hills, Briarcliff, and south Spicewood is in Lake Travis ISD. North Spicewood and areas approaching Burnet County are typically in Marble Falls ISD. Diana maps it precisely before any offer — the value difference is measurable and material.

Does Spicewood have Lake Travis access?

Yes — multiple Spicewood communities have LCRA lake access, community boat ramps, or deeded waterfront. Briarcliff and Lake Travis Shores have direct lake access. Diana evaluates all access rights, LCRA permits, and dock documentation as part of every Spicewood due diligence process.

Active Listings

Homes for Sale
in Spicewood

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Listings updated in real time via Compass. Contact Diana directly for off-market and coming soon properties not shown here.

Your Spicewood Expert

Ready to Buy Land
in Spicewood?

Spicewood's acreage and rural complexity reward buyers who come prepared. Diana brings certified appraiser skills, ag exemption expertise, and deep local knowledge to every transaction.