ActiveMLS# 8959253
$1,450,000
4.55 Acres · Residential · $318,555/acre
23705 Old Ferry Rd #15
Spicewood, TX 78669 (Travis County)
4
Bedrooms
3
Bathrooms
2,837
Sq Ft
1998
Year Built

About this property

Perched on approximately 4.5 private acres atop a high bluff with 400 feet of waterfront on the Pedernales River arm of Lake Travis, this award-winning custom home is a rare expression of architecture, landscape, and sustainability. Designed in 1998 by Kevin Alter and David Heymann, the residence received the AIA Austin Honor Award and was featured in Texas Architect magazine. The home is organized into north and south wings connected by a dramatic 96-foot covered deck facing west—ideal for cool morning breakfasts, Hill Country sunsets, and near-constant breezes. Floor-to-ceiling windows, clerestory ventilation, fully insulated 6” exterior walls, and ceiling fans throughout support a thoughtfully engineered, energy-efficient design that encourages natural cross-ventilation and minimal HVAC use. The north wing offers an open living, dining, and kitchen space with granite counters, custom cabinetry, limestone fireplace, and expansive glazing for abundant natural light. The primary suite features granite finishes and a large walk-in shower. The south wing includes three bedrooms, a full bath, laundry, and a two-car garage, separated by a breezeway that channels prevailing southerly winds. Notable upgrades include solar panels (2020), rainwater collection providing the sole water source since 2010, two new Trane HVAC systems (2024), updated septic pump, and a private dock with boat slip. Cat5 ethernet outlets throughout support modern connectivity and home automation. This is a distinctive, architecturally significant waterfront retreat offering privacy, sustainability, and timeless design—ready for its next steward.

Property details

Property TypeResidential
Acreage4.5518 acres
StatusActive
Days on Market220 days
ListedFebruary 13, 2026
CountyTravis
ZIP Code78669
Living Area2,837 sq ft
Price per Acre$318,555/acre
Year Built1998
Stories1
Garage Spaces2
SubdivisionMilam Ranch
FireplaceYes
WaterfrontYes
HOANo
FencingPartial, Wire
ViewHill Country, River, Trees/Woods, Water
Annual Property Tax$25,430 (2025)
MLS Number8959253
Listed ByMoreland Properties

Location

Area & Lifestyle

About the Area

23705 Old Ferry Rd #15 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 Moreland Properties.

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Barron Johnson
Broker Associate · Spyglass Realty