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
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%
1824 Art Adams Way Spicewood, TX Extraordinary new build in the Enclave at Barton Creek Lakeside in the hill country with s...	3 beds \| N/A baths \| 2,310 sq.ft.	$789,000	Airbnb cash on cash: -1.47% Traditional cash on cash: 1.17% Airbnb Rental Income: $970 Traditional Rental Income: $2559 Airbnb ROI: -1.47% Traditional ROI: 1.17%
1837 Art Adams Way Spicewood, TX This stunning custom built home sits in the prestigious gated community of Barton Creek La...	3 beds \| N/A baths \| 2,439 sq.ft.	$838,999	Airbnb cash on cash: -1.44% Traditional cash on cash: 1.74% Airbnb Rental Income: $970 Traditional Rental Income: $3107 Airbnb ROI: -1.44% Traditional ROI: 1.74%
26804 Masters Parkway Spicewood, TX WATERFRONT* GOLF COURSE LOT* 3.14 AC* ENERGY EFFICIENT. Located in gated Barton Creek Lake...	4 beds \| 5 baths \| 5,547 sq.ft.	$2,649,000	Airbnb cash on cash: -1.8% Traditional cash on cash: 0.2% Airbnb Rental Income: $652 Traditional Rental Income: $5270 Airbnb ROI: -1.8% Traditional ROI: 0.2%
19586 Sandcastle Drive Spicewood, TX Striking one owner, single level, custom built waterfront estate located in Travis County....	4 beds \| 5 baths \| 5,074 sq.ft.	$4,500,000	Airbnb cash on cash: -1.55% Traditional cash on cash: -0.53% Airbnb Rental Income: $652 Traditional Rental Income: $4621 Airbnb ROI: -1.55% Traditional ROI: -0.53%
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.	$825,000	Airbnb cash on cash: -1.93% Traditional cash on cash: 0.27% Airbnb Rental Income: $970 Traditional Rental Income: $2314 Airbnb ROI: -1.93% Traditional ROI: 0.27%
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%
110 Midnight Sun Spicewood, TX Currently leased til end of May! Fantastic 2 bd / 2 bath home in a Lake Travis community w...	2 beds \| N/A baths \| 1,080 sq.ft.	$299,000	Airbnb cash on cash: -0.04% Traditional cash on cash: 4.93% Airbnb Rental Income: $757 Traditional Rental Income: $1843 Airbnb ROI: -0.04% Traditional ROI: 4.93%
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.	$975,000	Airbnb cash on cash: -2.5% Traditional cash on cash: 0.72% Airbnb Rental Income: $652 Traditional Rental Income: $3274 Airbnb ROI: -2.5% Traditional ROI: 0.72%
113 Elizabeth Drive Spicewood, TX Lakeside Community on Lake Travis! Remodeled mobile home on 2 lots in the Spicewood Beach ...	3 beds \| N/A baths \| 1,216 sq.ft.	$189,500	Airbnb cash on cash: 0.62% Traditional cash on cash: 5.2% Airbnb Rental Income: $970 Traditional Rental Income: $1445 Airbnb ROI: 0.62% Traditional ROI: 5.2%
122 Ridge Drive Spicewood, TX Lake Travis is beckoning!! Discover the lake lifestyle with Lake Travis living in this cus...	3 beds \| N/A 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%
108 Courtside Cir Spicewood, TX Ridge Harbor is a beautiful gated community on Lake Travis "Just Outside Of Austin". This ...	3 beds \| 2 baths \| 1,591 sq.ft.	$339,000	Airbnb cash on cash: -1.43% Traditional cash on cash: 2.57% Airbnb Rental Income: $970 Traditional Rental Income: $1893 Airbnb ROI: -1.43% Traditional ROI: 2.57%
401 Ranchview Road Spicewood, TX Picturesque equine property nestled on 5.2 ac w panoramic hillcountry views for miles! Thi...	3 beds \| 2 baths \| 1,543 sq.ft.	$699,900	Airbnb cash on cash: -1.12% Traditional cash on cash: 0.69% Airbnb Rental Income: $970 Traditional Rental Income: $1804 Airbnb ROI: -1.12% Traditional ROI: 0.69%
5229 Hupedo Ranch Spicewood, TX Perched on a limestone bluff above the Pedernales River, this 2.8-acre estate offers rare ...	5 beds \| 5 baths \| 4,549 sq.ft.	$2,000,000	Airbnb cash on cash: -1% Traditional cash on cash: 0.79% Airbnb Rental Income: $1166 Traditional Rental Income: $4103 Airbnb ROI: -1% Traditional ROI: 0.79%
112 Mari Lane Spicewood, TX Come home to enjoy Lake Travis! BELOW COUNTY APPRAISAL! Move-in ready comfortable home wit...	3 beds \| N/A baths \| 1,812 sq.ft.	$375,000	Airbnb cash on cash: 0.24% Traditional cash on cash: 4.08% Airbnb Rental Income: $970 Traditional Rental Income: $1969 Airbnb ROI: 0.24% Traditional ROI: 4.08%
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.	$2,950,000	Airbnb cash on cash: -1.23% Traditional cash on cash: 0.51% Airbnb Rental Income: $1166 Traditional Rental Income: $5539 Airbnb ROI: -1.23% Traditional ROI: 0.51%
120 Oak Meadow Trl Spicewood, TX Live at the top and have the views and all the lifestyle options. Priced well below Burnet...	4 beds \| 5 baths \| 3,647 sq.ft.	$949,000	Airbnb cash on cash: -2.33% Traditional cash on cash: 2.44% Airbnb Rental Income: $652 Traditional Rental Income: $4562 Airbnb ROI: -2.33% Traditional ROI: 2.44%
24736 NE Travis Lakeside Cv Circle 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.	$2,280,000	Airbnb cash on cash: -1.58% Traditional cash on cash: -0.28% Airbnb Rental Income: $652 Traditional Rental Income: $3121 Airbnb ROI: -1.58% Traditional ROI: -0.28%
797 Glendale RD Spicewood, TX Experience refined Hill Country living in this modern lakefront estate, gracefully situate...	2 beds \| 3 baths \| 1,964 sq.ft.	$1,100,000	Airbnb cash on cash: -1.72% Traditional cash on cash: 0.07% Airbnb Rental Income: $757 Traditional Rental Income: $2277 Airbnb ROI: -1.72% Traditional ROI: 0.07%
4921 Creek Meadow Cove Spicewood, TX Hill Country Retreat at 4921 Creek Meadow Cove, Spicewood, TX, a beautifully refreshed 3,5...	4 beds \| N/A baths \| 3,542 sq.ft.	$995,000	Airbnb cash on cash: -2.81% Traditional cash on cash: -0.21% Airbnb Rental Income: $652 Traditional Rental Income: $2767 Airbnb ROI: -2.81% Traditional ROI: -0.21%
20926 W Lakeshore Drive Spicewood, TX Welcome to 20926 W Lakeshore Dr., a short drive from Austin but a long way from city life....	2 beds \| 1 baths \| 1,195 sq.ft.	$740,000	Airbnb cash on cash: -2.4% Traditional cash on cash: -0.45% Airbnb Rental Income: $757 Traditional Rental Income: $1792 Airbnb ROI: -2.4% Traditional ROI: -0.45%
705 Spicewood Trails Dr Spicewood, TX Discover refined Texas Hill Country living in this beautifully crafted 4-bedroom, 3.5-bath...	4 beds \| N/A 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%
2104 Chipshot Ct Spicewood, TX Nestled on one of the finest lots with an incredible 282 feet of golf course frontage over...	3 beds \| 3 baths \| 3,046 sq.ft.	$775,000	Airbnb cash on cash: -1.33% Traditional cash on cash: 1.46% Airbnb Rental Income: $970 Traditional Rental Income: $2635 Airbnb ROI: -1.33% Traditional ROI: 1.46%
501 East Trl Spicewood, TX Welcome to this stunning 3,546 sq. ft. home nestled in the highly sought-after, gated Doub...	4 beds \| 4 baths \| 3,546 sq.ft.	$899,000	Airbnb cash on cash: -2.58% Traditional cash on cash: 1.03% Airbnb Rental Income: $652 Traditional Rental Income: $3375 Airbnb ROI: -2.58% Traditional ROI: 1.03%
101 Bedford Drive Spicewood, TX Welcome to an exceptional aviation oasis at 101 Bedford Dr in the gated Windermere Oaks co...	2 beds \| N/A baths \| 2,225 sq.ft.	$1,185,000	Airbnb cash on cash: -1.18% Traditional cash on cash: 0.37% Airbnb Rental Income: $757 Traditional Rental Income: $2141 Airbnb ROI: -1.18% Traditional ROI: 0.37%
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.	$1,399,000	Airbnb cash on cash: -2.26% Traditional cash on cash: -0.11% Airbnb Rental Income: $1166 Traditional Rental Income: $3583 Airbnb ROI: -2.26% Traditional ROI: -0.11%
225 Spicewood Trails Drive Spicewood, TX Hill Country luxury living awaits in Spicewood Trails. This custom-built home sits on a pr...	4 beds \| 2 baths \| 2,677 sq.ft.	$839,900	Airbnb cash on cash: -2.56% Traditional cash on cash: -0.03% Airbnb Rental Income: $652 Traditional Rental Income: $2333 Airbnb ROI: -2.56% Traditional ROI: -0.03%
106 Redbud Drive Spicewood, TX Enjoy beautiful views of Lake Travis/Colorado River from expansive covered wrap-around por...	2 beds \| N/A baths \| 1,889 sq.ft.	$399,999	Airbnb cash on cash: -1.93% Traditional cash on cash: 6.71% Airbnb Rental Income: $757 Traditional Rental Income: $3680 Airbnb ROI: -1.93% Traditional ROI: 6.71%
108 Schoolhouse Ln Spicewood, TX Escape the crowded city for a peaceful room to roam, gaze at the starry night skies & pano...	4 beds \| N/A baths \| 2,865 sq.ft.	$1,345,000	Airbnb cash on cash: -2.6% Traditional cash on cash: -1.15% Airbnb Rental Income: $652 Traditional Rental Income: $2161 Airbnb ROI: -2.6% Traditional ROI: -1.15%
118 Midnight Sun Dr Spicewood, TX Lakefront community! Comfortable 3 bedroom/2 bath/2-car garage + 2 car carport home. Open ...	3 beds \| 2 baths \| 1,772 sq.ft.	$350,000	Airbnb cash on cash: -1.32% Traditional cash on cash: 4.49% Airbnb Rental Income: $970 Traditional Rental Income: $2530 Airbnb ROI: -1.32% Traditional ROI: 4.49%
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: 0.84% Airbnb Rental Income: $970 Traditional Rental Income: $2530 Airbnb ROI: -2.09% Traditional ROI: 0.84%
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.	$1,950,000	Airbnb cash on cash: -3.12% Traditional cash on cash: -0.01% Airbnb Rental Income: $652 Traditional Rental Income: $5980 Airbnb ROI: -3.12% Traditional ROI: -0.01%
2506 Sailpoint Drive Spicewood, TX Offered for sale for the first time, this custom single story Craftsman-Hill Country home ...	4 beds \| 4 baths \| 3,068 sq.ft.	$1,195,000	Airbnb cash on cash: -2.71% Traditional cash on cash: 2.35% Airbnb Rental Income: $652 Traditional Rental Income: $5980 Airbnb ROI: -2.71% Traditional ROI: 2.35%

Real Estate investment in Spicewood, TX

There are 34 properties for sale in the city of Spicewood . The median list price in Spicewood is $839,900 and the average price per square foot is $292. In March 2026, the average monthly cash on cash return in Spicewood is 1.00%. The average monthly rental income in Spicewood is $2,597.

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

There are 34 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 $2,597.

Your search for investment property begins and ends here

Investment Property for Sale in Spicewood, TX

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%

1824 Art Adams Way

Spicewood, TX

3 beds | N/A baths | 2,310 sq.ft.

$789,000

Airbnb cash on cash: -1.47%

Traditional cash on cash: 1.17%

Airbnb Rental Income: $970

Traditional Rental Income: $2559

Airbnb ROI: -1.47%

Traditional ROI: 1.17%

1837 Art Adams Way

Spicewood, TX

3 beds | N/A baths | 2,439 sq.ft.

$838,999

Airbnb cash on cash: -1.44%

Traditional cash on cash: 1.74%

Airbnb Rental Income: $970

Traditional Rental Income: $3107

Airbnb ROI: -1.44%

Traditional ROI: 1.74%

26804 Masters Parkway

Spicewood, TX

4 beds | 5 baths | 5,547 sq.ft.

$2,649,000

Airbnb cash on cash: -1.8%

Traditional cash on cash: 0.2%

Airbnb Rental Income: $652

Traditional Rental Income: $5270

Airbnb ROI: -1.8%

Traditional ROI: 0.2%

19586 Sandcastle Drive

Spicewood, TX

4 beds | 5 baths | 5,074 sq.ft.

$4,500,000

Airbnb cash on cash: -1.55%

Traditional cash on cash: -0.53%

Airbnb Rental Income: $652

Traditional Rental Income: $4621

Airbnb ROI: -1.55%

Traditional ROI: -0.53%

505 Vista View Trail

Spicewood, TX

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

$825,000

Airbnb cash on cash: -1.93%

Traditional cash on cash: 0.27%

Airbnb Rental Income: $970

Traditional Rental Income: $2314

Airbnb ROI: -1.93%

Traditional ROI: 0.27%

503 Vista View Trail

Spicewood, TX

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%

110 Midnight Sun

Spicewood, TX

2 beds | N/A baths | 1,080 sq.ft.

$299,000

Airbnb cash on cash: -0.04%

Traditional cash on cash: 4.93%

Airbnb Rental Income: $757

Traditional Rental Income: $1843

Airbnb ROI: -0.04%