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FOR SALE
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$1,495,000

Reduced $80K

312 Paleface Point, Spicewood, TX 78669

Est. Mortgage $8,266/mo

4

beds

4

baths

3,060

sqft

10.87

acres

Single Family Residence
Built in 2004
10.87 Acres Lot
3,060 sqft
$489/sqft
Request property documents
OVERVIEW

About this home

10.87 acres. No HOA. Horses allowed. A custom home, pool and rooftop deck with sweeping Hill Country and Pedernales River views. 312 Paleface Point offers the rare chance to own all three parcels in the Deerhaven subdivision, creating a private Spicewood retreat with room to spread out, add future improvements, or simply enjoy the land—while staying close to Lake Travis, golf, wineries and outdoor recreation. The offering includes the 5.75-acre homesite plus two adjoining parcels of approximately 2.49 and 2.63 acres. The 3,060-square-foot home features 4 bedrooms, 3.5 baths, two bedrooms on the main level, two upstairs, and a dedicated office/flex space overlooking the pool and grounds. The kitchen opens to the living area with granite counters, stainless appliances, Thermador 5-burner propane cooktop and double ovens, cherry cabinetry and a center island. A two-story stone fireplace anchors the living space. The primary suite includes double vanities, separate walk-in closets, a garden tub and sealed steam shower with dual shower heads. The oversized garage is insulated, heated and cooled for workshop, gym, studio or hobby use. Outside, enjoy a pool with fountains, stand-alone hot tub, 20x20 outbuilding and rooftop observation deck with expansive Hill Country and Pedernales River views. The acreage provides room for recreation, future improvements, privacy and open space. Infrastructure includes a private well with 2,500-gallon storage and booster pump, septic, water softener, underground propane tank, and gutterwork completed for potential rainwater collection. Nearby, Lake Travis, Pace Bend Park, Muleshoe Bend and Grelle Recreation Area offer boating, hiking, biking, camping and equestrian trails, with Barton Creek Lakeside, Lakecliff, Austin Golf Club, wineries and distilleries also close by. The planned Thomas Ranch development is nearby. For buyers seeking less acreage, the residence and 5.75-acre Lot 1 are also offered separately under MLS #9613242.

Listings checked every few minutes. MLS# 8116473 was Last Updated: 09-24-2026.

Listed by Keller Williams Realty (512) 448-4111

Listing courtesy of Unlock MLS as distributed by MLS Grid. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but is not guaranteed accurate by MLS Grid or Unlock MLS.

What is the Lake Travis neighborhood like?

Lake Travis is a reservoir on the Colorado River in western Travis County, stretching about 64 miles upstream into Burnet County toward Marble Falls. The lake was formed by Mansfield Dam, completed in 1942, and is operated by the Lower Colorado River Authority as the only reservoir in the Highland Lakes chain designed to hold back floodwaters. At its full pool elevation of 681 feet above mean sea level, the lake covers about 19,000 surface acres along roughly 270 miles of shoreline. This page covers the ring of communities along that shoreline rather than a single subdivision — the Lake Travis area functions as a collection of distinct towns and villages connected by the water.

Explore Lake Travis

What employers are near 312 Paleface Point?

  • Lake Travis ISD (Education)
  • Leander ISD (Education)
  • Baylor Scott & White Medical Center – Lakeway (Healthcare)

How does this property compare to others in Lake Travis?

312 Paleface Point is listed at $1.5M vs. the $745K median in Lake Travis. The neighborhood average is $373/sqft. Homes in Lake Travis average 82 days on market.

MetricLake Travis
Median List Price$745K
Median Sold Price$649K
Average Days on Market82
Average Price per Sqft$373
Active Listings833

Market data as of September 2026.

Frequently Asked Questions

How much is 312 Paleface Point?

312 Paleface Point is listed for $1,495,000. It features 4 bedrooms, 4 bathrooms, 3,060 square feet, 10.87 acres. Built in 2004.

What neighborhood is 312 Paleface Point in?

312 Paleface Point is located in the Lake Travis neighborhood of Spicewood, Texas.

How does 312 Paleface Point compare to other homes in Lake Travis?

The asking price of $1,495,000 is 100.7% higher than the median home price of $745K in Lake Travis. At $489/sqft, it compares to the neighborhood average of $373/sqft.

What are the details of 312 Paleface Point?

312 Paleface Point was built in 2004, and sits on 10.87 acres of land, and is a single family residence style home.