ActiveMLS# 3218370
$499,000
7.74 Acres · Lot/Land · $64,470/acre
551 Lake View Dr
Spicewood, TX 78669 (Burnet County)

About this property

THE LAKE IS UP!!! Tucked away on 7.74 acres of prime lakefront, this isn’t just land, it’s your opportunity to create something truly unforgettable in a gated community. Towering, majestic trees frame the property, offering a rare blend of privacy, beauty, and wide-open potential, whether you’re envisioning a luxury lake retreat, modern farmhouse, or a legacy property to pass down for generations. And it gets even better, taxes are less than $7 a year thanks to the agricultural exemption. Now that the lake is up, the vision truly comes to life! This property is even more stunning in person today. Opportunities like this are rare: acreage, lakefront, with an ag exemption, so bring your dock, bring your vision, and secure your slice of lakefront paradise before it’s gone.

Property details

Property TypeLot/Land
Acreage7.74 acres
StatusActive
Days on Market80 days
ListedMay 1, 2026
CountyBurnet
ZIP Code78669
Price per Acre$64,470/acre
SubdivisionLake Oaks Ranch
WaterfrontYes
HOAYes
ViewHill Country, Lake
Annual Property Tax$7 (2025)
MLS Number3218370
Listed ByTownes LLC

Location

Area & Lifestyle

About the Area

551 Lake View Dr is located in Spicewood, Texas, in Burnet County. Burnet County sits in the heart of the Highland Lakes region, anchored by the city of Burnet, the Bluebonnet Capital of Texas, and Lake Buchanan, the largest of the Highland Lakes chain. The county blends working ranch land with lakefront recreation in a landscape that has drawn Texans for generations.

The Colorado River was dammed in the 1930s to create the Highland Lakes chain, and Lake Buchanan and Inks Lake both lie within Burnet County. The terrain transitions from the granite-topped Central Mineral Region in the west to limestone hills in the east, with the Colorado River canyon cutting through dramatic bluffs.

The 78669 zip code has a median household income of $126,422, a median home value of $576,200, and a median age of 46.2. The average household size is 2.56 people. The zip code has a total population of 11,980.

Lake tourism, retirement communities, granite quarrying, ranching, and small-scale agriculture drive the Burnet County economy. The county is experiencing significant growth as Austin-area buyers seek lakefront properties and acreage within a 90-minute drive of the city.

Demographic data sourced from the U.S. Census Bureau, American Community Survey 5-Year Estimates (2023).

Listing information © 2026 Unlock MLS (ACTRIS). All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of Townes LLC.

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Barron Johnson
Broker Associate · Spyglass Realty