Spicewood, TX 78669 (Travis County)
About this property
Discover a rare waterfront homesite opportunity at 509 Nomad Drive in Spicewood. Situated within the exclusive Paleface Lake Country Estates community, this approximately 1.95-acre waterfront property offers exceptional privacy, mature oak trees, panoramic Hill Country views, and approximately 150 feet of frontage along the Pedernales River arm of Lake Travis at normal lake levels. The property's elevated bluff provides an outstanding building site for a custom lakefront estate designed to capture breathtaking sunrise views across the water and surrounding Hill Country. The pie-shaped configuration creates a unique sense of seclusion while maximizing both view corridors and usable space. A private easement road provides access to the lower portion of the property for direct enjoyment of the waterfront. Ownership extends to the center of the Pedernales River, offering enhanced privacy and control of your waterfront experience. The property includes a new 200-amp electrical panel, community water availability, and ample room for a private well. With no builder restrictions and no timeline to build, owners have the flexibility to create their dream retreat at their own pace. Located in a boutique waterfront community of only 58 homesites, residents enjoy access to a private boat launch and are just minutes from area golf courses, wineries, restaurants, and popular Hill Country destinations, including Krause Springs. Whether you're seeking a future custom home site, weekend getaway, or long-term investment, 509 Nomad Drive presents a rare opportunity to own premier waterfront acreage on Lake Travis.
Property details
Location
About the Area
509 Nomad DR Dr is located in Spicewood, Texas, in Travis County. Travis County is home to Austin, the capital of Texas and one of the fastest-growing major cities in the United States. Beyond the urban core, Travis County still contains significant ranch and acreage properties in its western reaches, where the Hill Country meets the city and land values reflect both agricultural heritage and proximity to one of America's most dynamic economies.
The Colorado River flows through Travis County, impounded into Lake Travis and Lake Austin, key recreation anchors for the region. The Balcones Escarpment marks the transition from the limestone Hill Country in the west to the Blackland Prairie in the east. Barton Creek and its tributaries carve spring-fed swimming holes and nature preserves within the urban fabric.
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.
Austin's economy is anchored by the University of Texas, state government, and a massive technology sector that has attracted Apple, Tesla, Oracle, Dell, and hundreds of startups. Travis County acreage properties command premium prices reflecting proximity to the Austin job market, major airports, and world-class amenities.
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 AustinRealEstate.com.