Private 24-Acre Riverfront Estate with Development Potential on the Pedernales River - This exceptional 24-acre property offers an extraordinary opportunity for both developers and families seeking a serene, private compound. Nestled along the scenic Pedernales River, the estate is comprised of 12 subdivided lots, providing flexibility for future development or a legacy retreat shared among family and friends. At the heart of the property lies a spacious main residence, complemented by two fully equipped guest houses, ideal for hosting extended family or accommodating short-term rentals. Property Highlights: 24 acres with ample open space, mature trees, and native landscaping Over 12 legal lots – suitable for future subdivision or custom home builds Expansive waterfront with gently sloping terrain for easy river access Two private boat docks, perfect for boating, kayaking, and swimming Main house + 2 guest homes – move-in ready or income-producing Peaceful, secluded setting with the convenience of nearby amenities Whether you're a visionary developer or someone seeking to build a multigenerational riverside retreat, this property offers the rare combination of space, access, and potential in one of Texas Hill Country’s most desirable locations.
Bedrooms
3
Bathrooms
3
Lot Size
24 acres
Year Built
2017
Garage
3 car
Tax Assessed
$843,381 (2025)
Property Tax
$16,962.22/yr (2025)
Type
See Remarks
Status
Active
Shapiro Group
Last checked 3h ago.
As assigned by the MLS listing; verify with the district.
123 Vicinity Trl
Spicewood, TX 78669
Loan Term
Est. Monthly Payment
$81,012
Property tax is the county's 2025 bill of $16,962, not an estimate.
Estimates based on 6.5% rate. Actual payments may vary.
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