Real Estate Investment Properties for Sale in Spicewood, TX

Looking for investment property in Spicewood, TX with high ROI ?

Explore a variety of short-term homes & houses in Spicewood, TX. Invest wisely with VRBO & Spicewood, TX Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Spicewood, TX

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
406 Coventry Road Spicewood, TX Looking for a lake home? This 4 bedroom/3 bath/1 car garage home is a perfect setup for fu...	4 beds \| 3 baths \| 2,269 sq.ft.	$489,000	Airbnb cash on cash: -1.3% Traditional cash on cash: 3.01% Airbnb Rental Income: $652 Traditional Rental Income: $2325 Airbnb ROI: -1.3% Traditional ROI: 3.01%
106 Center Cv. ii Loop Spicewood, TX Lake Travis is Full! Welcome to 106 Center Cove, where Lake Travis living truly comes into...	4 beds \| 4 baths \| 2,390 sq.ft.	$699,900	Airbnb cash on cash: -2.47% Traditional cash on cash: 1.73% Airbnb Rental Income: $652 Traditional Rental Income: $3094 Airbnb ROI: -2.47% Traditional ROI: 1.73%
2203 Improver Rd Spicewood, TX Nearly 4 private acres on the Pedernales River arm of Lake Travis, inside the gated equest...	4 beds \| 4 baths \| 3,358 sq.ft.	$1,980,000	Airbnb cash on cash: -1.75% Traditional cash on cash: -0.02% Airbnb Rental Income: $652 Traditional Rental Income: $3534 Airbnb ROI: -1.75% Traditional ROI: -0.02%
25420 COVE DR Spicewood, TX Lake Travis waterfront property offering improved shoreline, direct water access, and a fl...	3 beds \| 2 baths \| 1,956 sq.ft.	$589,000	Airbnb cash on cash: -0.97% Traditional cash on cash: 2.66% Airbnb Rental Income: $970 Traditional Rental Income: $2617 Airbnb ROI: -0.97% Traditional ROI: 2.66%
1824 Art Adams Way Spicewood, TX FREE SOCIAL MEMBERSHIP TO BARTON CREEK LAKESIDE OR LAKECLIFF GOLF CLUB! Extraordinary new ...	3 beds \| 3 baths \| 2,310 sq.ft.	$784,000	Airbnb cash on cash: -1.47% Traditional cash on cash: 1.18% Airbnb Rental Income: $970 Traditional Rental Income: $2559 Airbnb ROI: -1.47% Traditional ROI: 1.18%
1837 Art Adams Way Spicewood, TX This stunning custom built home sits in the prestigious gated community of Barton Creek La...	3 beds \| 3 baths \| 2,439 sq.ft.	$833,999	Airbnb cash on cash: -1.44% Traditional cash on cash: 1.76% Airbnb Rental Income: $970 Traditional Rental Income: $3107 Airbnb ROI: -1.44% Traditional ROI: 1.76%
206 Sunfire Spicewood, TX Modern farmhouse meets relaxed Hill Country living in the sought-after waterfront communit...	3 beds \| 2 baths \| 1,788 sq.ft.	$395,000	Airbnb cash on cash: 0.24% Traditional cash on cash: 5.14% Airbnb Rental Income: $970 Traditional Rental Income: $2434 Airbnb ROI: 0.24% Traditional ROI: 5.14%
505 Vista View Trail Spicewood, TX PRICED BELOW APPRAISAL in gated Double Horn! Beautifully updated 3,144 sq ft single-story ...	3 beds \| 3 baths \| 3,144 sq.ft.	$800,000	Airbnb cash on cash: -1.99% Traditional cash on cash: 0.28% Airbnb Rental Income: $970 Traditional Rental Income: $2314 Airbnb ROI: -1.99% Traditional ROI: 0.28%
503 Vista View Trail Spicewood, TX Presenting a meticulously maintained custom residence situated within the gated Double Hor...	4 beds \| 3 baths \| 2,990 sq.ft.	$925,000	Airbnb cash on cash: -1.69% Traditional cash on cash: 1.06% Airbnb Rental Income: $652 Traditional Rental Income: $2726 Airbnb ROI: -1.69% Traditional ROI: 1.06%
113 Vista View Trail Spicewood, TX The Texas Hill Country awaits you! Less than an hour to downtown Austin, this stunning hom...	4 beds \| 3 baths \| 2,978 sq.ft.	$890,000	Airbnb cash on cash: -2.47% Traditional cash on cash: 1.05% Airbnb Rental Income: $652 Traditional Rental Income: $3274 Airbnb ROI: -2.47% Traditional ROI: 1.05%
305 Spicewood Trails Dr Spicewood, TX Discover the perfect blend of rustic charm and modern luxury in this stunning 3 bedroom, 3...	3 beds \| 4 baths \| 3,340 sq.ft.	$995,000	Airbnb cash on cash: -1.69% Traditional cash on cash: 1.12% Airbnb Rental Income: $970 Traditional Rental Income: $3223 Airbnb ROI: -1.69% Traditional ROI: 1.12%
113 Elizabeth Drive Spicewood, TX Lakeside Community on Lake Travis! Remodeled mobile home on 2 lots in the Spicewood Beach ...	3 beds \| 2 baths \| 1,216 sq.ft.	$184,500	Airbnb cash on cash: 0.66% Traditional cash on cash: 5.37% Airbnb Rental Income: $970 Traditional Rental Income: $1445 Airbnb ROI: 0.66% Traditional ROI: 5.37%
122 Ridge Drive Spicewood, TX Lake Travis is beckoning!! Discover the lake lifestyle with Lake Travis living in this cus...	3 beds \| 2 baths \| 1,860 sq.ft.	$299,750	Airbnb cash on cash: 0.65% Traditional cash on cash: 5.24% Airbnb Rental Income: $970 Traditional Rental Income: $1915 Airbnb ROI: 0.65% Traditional ROI: 5.24%
24729 Travis Lakeside Cv Spicewood, TX Located in the highly desirable and gated "Travis Lakeside" community and positioned on th...	5 beds \| 5 baths \| 4,213 sq.ft.	$2,725,000	Airbnb cash on cash: -1.25% Traditional cash on cash: 0.64% Airbnb Rental Income: $1166 Traditional Rental Income: $5539 Airbnb ROI: -1.25% Traditional ROI: 0.64%
4921 Creek Meadow Cove Spicewood, TX Hill Country Retreat at 4921 Creek Meadow Cove, Spicewood, TX, a beautifully refreshed 3,5...	4 beds \| 3 baths \| 3,542 sq.ft.	$895,000	Airbnb cash on cash: -3.02% Traditional cash on cash: -0.12% Airbnb Rental Income: $652 Traditional Rental Income: $2767 Airbnb ROI: -3.02% Traditional ROI: -0.12%
705 Spicewood Trails Dr Spicewood, TX Discover refined Texas Hill Country living in this beautifully crafted 4-bedroom, 3.5-bath...	4 beds \| 4 baths \| 3,641 sq.ft.	$985,000	Airbnb cash on cash: -2.05% Traditional cash on cash: 1.29% Airbnb Rental Income: $652 Traditional Rental Income: $3412 Airbnb ROI: -2.05% Traditional ROI: 1.29%
25400 Cove DR Spicewood, TX Peaceful waterfront retreat on the Pedernales River featuring two beautifully designed, li...	5 beds \| 4 baths \| 2,897 sq.ft.	$1,225,000	Airbnb cash on cash: -2.19% Traditional cash on cash: 0.27% Airbnb Rental Income: $1166 Traditional Rental Income: $3583 Airbnb ROI: -2.19% Traditional ROI: 0.27%
24736 Travis Lakeside Cv Spicewood, TX Nestled in a prestigious gated community on the shores of Lake Travis, this stunning water...	4 beds \| 3 baths \| 4,695 sq.ft.	$2,000,000	Airbnb cash on cash: -2.7% Traditional cash on cash: -1.71% Airbnb Rental Income: $652 Traditional Rental Income: $2191 Airbnb ROI: -2.7% Traditional ROI: -1.71%
101 Rocky Summit Court Spicewood, TX Welcome to 101 Rocky Summit CT, a stunning custom-built masterpiece that combines luxury, ...	3 beds \| 3 baths \| 2,401 sq.ft.	$700,000	Airbnb cash on cash: -2.09% Traditional cash on cash: 0.5% Airbnb Rental Income: $970 Traditional Rental Income: $2312 Airbnb ROI: -2.09% Traditional ROI: 0.5%
2217 Seabiscuit CV 113 Spicewood, TX VillaOnLakeTravis.com. The perfect Lake Front getaway! Luxury Living Lakeside! Located o...	4 beds \| 5 baths \| 3,058 sq.ft.	$1,850,000	Airbnb cash on cash: -3.13% Traditional cash on cash: -0.45% Airbnb Rental Income: $652 Traditional Rental Income: $4973 Airbnb ROI: -3.13% Traditional ROI: -0.45%
22419 Hazy Hollow Cv Spicewood, TX Large price reduction on this gorgeous property.New survey has been performed and should h...	3 beds \| 1 baths \| 1,553 sq.ft.	$794,900	Airbnb cash on cash: -2.08% Traditional cash on cash: -0.67% Airbnb Rental Income: $970 Traditional Rental Income: $1662 Airbnb ROI: -2.08% Traditional ROI: -0.67%
19620 Single Peak Cove Spicewood, TX Price Improvement! Nestled on a scenic 2.22-acre corner lot in the highly sought after Tra...	3 beds \| 3 baths \| 2,905 sq.ft.	$1,145,000	Airbnb cash on cash: -2.11% Traditional cash on cash: -0.27% Airbnb Rental Income: $970 Traditional Rental Income: $2579 Airbnb ROI: -2.11% Traditional ROI: -0.27%
1115 Edgewater Drive Spicewood, TX PRICE REDUCTION! Escape to your own slice of Lake Travis paradise with this waterfront pro...	5 beds \| 2 baths \| 1,237 sq.ft.	$474,900	Airbnb cash on cash: -1.01% Traditional cash on cash: 1.62% Airbnb Rental Income: $1166 Traditional Rental Income: $1952 Airbnb ROI: -1.01% Traditional ROI: 1.62%
300 Bedford Drive Spicewood, TX Welcome to 300 Bedford Drive, where thoughtful design meets effortless Hill Country living...	4 beds \| 2 baths \| 2,545 sq.ft.	$541,000	Airbnb cash on cash: -2.11% Traditional cash on cash: 1.67% Airbnb Rental Income: $652 Traditional Rental Income: $2269 Airbnb ROI: -2.11% Traditional ROI: 1.67%
300 BLUFF RD Spicewood, TX 12 acres with 3.5 miles of trails, natural features, and infrastructure designed for self-...	3 beds \| 2 baths \| 1,763 sq.ft.	$850,000	Airbnb cash on cash: -1.57% Traditional cash on cash: 0.06% Airbnb Rental Income: $970 Traditional Rental Income: $1908 Airbnb ROI: -1.57% Traditional ROI: 0.06%
345 County Road 410A Spicewood, TX This is the kind of place where there's room for everyone, room for your hobbies, and stil...	4 beds \| 3 baths \| 2,469 sq.ft.	$675,000	Airbnb cash on cash: -2.37% Traditional cash on cash: 0.71% Airbnb Rental Income: $652 Traditional Rental Income: $2298 Airbnb ROI: -2.37% Traditional ROI: 0.71%
302 Vista View Trl Spicewood, TX 302 Vista View Trl, Spicewood, TX 78669 \| Other	N/A beds \| N/A baths \| N/A	$199,000	Airbnb cash on cash: -2.61% Traditional cash on cash: 4.3% Airbnb Rental Income: $487 Traditional Rental Income: $1522 Airbnb ROI: -2.61% Traditional ROI: 4.3%

Real Estate investment in Spicewood, TX

There are 27 properties for sale in the city of Spicewood . The median list price in Spicewood is $800,000 and the average price per square foot is $302. In July 2026, the average monthly cash on cash return in Spicewood is 1.00%. The average monthly rental income in Spicewood is $2,397.

Spicewood, TX Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 27 investment properties available for sale in Spicewood.

In 2026, the best neighborhood to buy investment property is Spicewood.

The ROI for Long-Term is higher than the Short-Term in Spicewood with average rental income of $2,397.

Your search for investment property begins and ends here

Investment Property for Sale in Spicewood, TX

406 Coventry Road

Spicewood, TX

4 beds | 3 baths | 2,269 sq.ft.

$489,000

Airbnb cash on cash: -1.3%

Traditional cash on cash: 3.01%

Airbnb Rental Income: $652

Traditional Rental Income: $2325

Airbnb ROI: -1.3%

Traditional ROI: 3.01%

106 Center Cv. ii Loop

Spicewood, TX

4 beds | 4 baths | 2,390 sq.ft.

$699,900

Airbnb cash on cash: -2.47%

Traditional cash on cash: 1.73%

Airbnb Rental Income: $652

Traditional Rental Income: $3094

Airbnb ROI: -2.47%

Traditional ROI: 1.73%

2203 Improver Rd

Spicewood, TX

4 beds | 4 baths | 3,358 sq.ft.

$1,980,000

Airbnb cash on cash: -1.75%

Traditional cash on cash: -0.02%

Airbnb Rental Income: $652

Traditional Rental Income: $3534

Airbnb ROI: -1.75%

Traditional ROI: -0.02%

25420 COVE DR

Spicewood, TX

3 beds | 2 baths | 1,956 sq.ft.

$589,000

Airbnb cash on cash: -0.97%

Traditional cash on cash: 2.66%

Airbnb Rental Income: $970

Traditional Rental Income: $2617

Airbnb ROI: -0.97%

Traditional ROI: 2.66%

1824 Art Adams Way

Spicewood, TX

3 beds | 3 baths | 2,310 sq.ft.

$784,000

Airbnb cash on cash: -1.47%

Traditional cash on cash: 1.18%

Airbnb Rental Income: $970

Traditional Rental Income: $2559

Airbnb ROI: -1.47%

Traditional ROI: 1.18%

1837 Art Adams Way

Spicewood, TX

3 beds | 3 baths | 2,439 sq.ft.

$833,999

Airbnb cash on cash: -1.44%

Traditional cash on cash: 1.76%

Airbnb Rental Income: $970

Traditional Rental Income: $3107

Airbnb ROI: -1.44%

Traditional ROI: 1.76%

206 Sunfire

Spicewood, TX

3 beds | 2 baths | 1,788 sq.ft.

$395,000

Airbnb cash on cash: 0.24%

Traditional cash on cash: 5.14%

Airbnb Rental Income: $970

Traditional Rental Income: $2434

Airbnb ROI: 0.24%

Traditional ROI: 5.14%

505 Vista View Trail

Spicewood, TX

3 beds | 3 baths | 3,144 sq.ft.

$800,000

Airbnb cash on cash: -1.99%

Traditional cash on cash: 0.28%

Airbnb Rental Income: $970

Traditional Rental Income: $2314

Airbnb ROI: -1.99%