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 Huge price reduction on this STR with incredible revenue! Irresistible opportunity you won...	4 beds \| 4 baths \| 2,390 sq.ft.	$770,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 1.48% Airbnb Rental Income: $2673 Traditional Rental Income: $3094 Airbnb ROI: 0.01% Traditional ROI: 1.48%
306 Songwood Drive Spicewood, TX Hill country modern farmhouse style built in 2019 in the gated community of Lakeside Beach...	3 beds \| 2 baths \| 1,447 sq.ft.	$384,995	Airbnb cash on cash: 2.78% Traditional cash on cash: 1.62% Airbnb Rental Income: $2768 Traditional Rental Income: $1696 Airbnb ROI: 2.78% Traditional ROI: 1.62%
25420 Cove Drive Spicewood, TX Nestled in a peaceful riverside community, this inviting 3-bedroom, 2-bath lakehouse blend...	3 beds \| 2 baths \| 1,920 sq.ft.	$644,975	Airbnb cash on cash: 2.03% Traditional cash on cash: 2.86% Airbnb Rental Income: $2768 Traditional Rental Income: $2617 Airbnb ROI: 2.03% Traditional ROI: 2.86%
1824 Art Adams Way Spicewood, TX Welcome to The Enclave at Barton Creek Lakeside, where elegance meets effortless living! T...	3 beds \| 3 baths \| 2,310 sq.ft.	$798,800	Airbnb cash on cash: 0.55% Traditional cash on cash: 1.14% Airbnb Rental Income: $2768 Traditional Rental Income: $2559 Airbnb ROI: 0.55% Traditional ROI: 1.14%
1837 Art Adams Way Spicewood, TX Welcome to The Enclave at Barton Creek Lakesideâwhere luxury living meets low-maintenanc...	3 beds \| 3 baths \| 2,439 sq.ft.	$849,000	Airbnb cash on cash: 0.46% Traditional cash on cash: 1.71% Airbnb Rental Income: $2768 Traditional Rental Income: $3107 Airbnb ROI: 0.46% Traditional ROI: 1.71%
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: -1.15% Traditional cash on cash: -0.53% Airbnb Rental Income: $2673 Traditional Rental Income: $4621 Airbnb ROI: -1.15% Traditional ROI: -0.53%
505 Vista View Trail Spicewood, TX BEAUTIFULLY UPDATED INSIDE AND OUT WITH ALL THE RIGHT ROOMS ON 3.5 AC IN GATED DOUBLE HORN...	3 beds \| 3 baths \| 3,144 sq.ft.	$795,000	Airbnb cash on cash: -0.15% Traditional cash on cash: 0.11% Airbnb Rental Income: $2768 Traditional Rental Income: $2314 Airbnb ROI: -0.15% Traditional ROI: 0.11%
19407 White Horse Cove Spicewood, TX Stunning Hill Country Estate ~ 1.5 Acres ~ STR Allowed! This beautifully renovated dream h...	5 beds \| 5 baths \| 4,623 sq.ft.	$1,498,000	Airbnb cash on cash: 1.07% Traditional cash on cash: 0.98% Airbnb Rental Income: $4881 Traditional Rental Income: $3749 Airbnb ROI: 1.07% Traditional ROI: 0.98%
135 Bedford Drive Spicewood, TX Aviator's Paradise: Custom Home with Hangar on the Runway!** Welcome to your dream home ri...	4 beds \| 4 baths \| 3,826 sq.ft.	$1,575,000	Airbnb cash on cash: -0.48% Traditional cash on cash: 0.54% Airbnb Rental Income: $2673 Traditional Rental Income: $3523 Airbnb ROI: -0.48% Traditional ROI: 0.54%
113 Vista View Trail Spicewood, TX The Texas Hill Country awaits you! Less than an hour to downtown Austin, this stunning h...	4 beds \| 3 baths \| 2,978 sq.ft.	$975,000	Airbnb cash on cash: -0.65% Traditional cash on cash: 0.72% Airbnb Rental Income: $2673 Traditional Rental Income: $3274 Airbnb ROI: -0.65% 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 \| 2 baths \| 1,216 sq.ft.	$194,500	Airbnb cash on cash: 8.82% Traditional cash on cash: 5.17% Airbnb Rental Income: $2768 Traditional Rental Income: $1445 Airbnb ROI: 8.82% Traditional ROI: 5.17%
122 Ridge Drive Spicewood, TX Discover the lake lifestyle with Lake Travis living in this custom home, never on the mark...	3 beds \| 2 baths \| 1,860 sq.ft.	$299,999	Airbnb cash on cash: 5.96% Traditional cash on cash: 5.24% Airbnb Rental Income: $2768 Traditional Rental Income: $1915 Airbnb ROI: 5.96% Traditional ROI: 5.24%
2449 Crosswind Drive Spicewood, TX PEACE, SERENITY & LOCATION! Donât miss this RARE CHANCE to own a LAKE TRAVIS WATERFRONT ...	4 beds \| 3 baths \| 2,714 sq.ft.	$1,680,000	Airbnb cash on cash: -0.43% Traditional cash on cash: 0.19% Airbnb Rental Income: $2673 Traditional Rental Income: $3018 Airbnb ROI: -0.43% Traditional ROI: 0.19%
4746 R O DR Spicewood, TX LakeTravisPrivateLiving.com \| This gorgeous secluded gated home, has a very unique floor p...	5 beds \| 5 baths \| 4,273 sq.ft.	$2,195,000	Airbnb cash on cash: -0.93% Traditional cash on cash: -0.53% Airbnb Rental Income: $4881 Traditional Rental Income: $4696 Airbnb ROI: -0.93% Traditional ROI: -0.53%
1201 Majestic Hills Boulevard Spicewood, TX Picture yourself in a home where every detail exudes sophistication, and every space becko...	5 beds \| 6 baths \| 6,841 sq.ft.	$2,300,000	Airbnb cash on cash: -1.25% Traditional cash on cash: -0.44% Airbnb Rental Income: $4881 Traditional Rental Income: $5608 Airbnb ROI: -1.25% Traditional ROI: -0.44%
22124 Briarcliff Dr Spicewood, TX A stunning blend of retro charm and modern sophistication awaits in this sprawling 70s-sty...	4 beds \| 3 baths \| 4,812 sq.ft.	$1,895,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 0.38% Airbnb Rental Income: $2673 Traditional Rental Income: $3245 Airbnb ROI: -0.3% Traditional ROI: 0.38%
1909/1701 Knights Chance Ln / Poco Bueno CT Spicewood, TX Visit ElegantLakeTravis.com. Providing a rare 2-Lot residence, with a combined 2.226 acres...	5 beds \| 5 baths \| 4,162 sq.ft.	$3,338,250	Airbnb cash on cash: -1.57% Traditional cash on cash: -1% Airbnb Rental Income: $4881 Traditional Rental Income: $5630 Airbnb ROI: -1.57% Traditional ROI: -1%
2308 Kahala Sunset Drive Spicewood, TX 2308 Kahala Sunset offers a truly custom, one of a kind, golf course view home. With floor...	3 beds \| 4 baths \| 2,522 sq.ft.	$874,990	Airbnb cash on cash: 1.06% Traditional cash on cash: 2.09% Airbnb Rental Income: $2768 Traditional Rental Income: $2953 Airbnb ROI: 1.06% Traditional ROI: 2.09%
330 Kendall Road Spicewood, TX 4 Bed \| 3 Bath \| Gated Community \| Windermere Oaks Experience the best of Hill Country li...	4 beds \| 3 baths \| 2,634 sq.ft.	$785,000	Airbnb cash on cash: 0.39% Traditional cash on cash: 1.13% Airbnb Rental Income: $2673 Traditional Rental Income: $2580 Airbnb ROI: 0.39% Traditional ROI: 1.13%
1909 Knights Chance LN Spicewood, TX ELEGANTLAKETRAVIS.COM This Stunning Lake Home price offering, is the home located on a pri...	5 beds \| 5 baths \| 4,162 sq.ft.	$2,775,000	Airbnb cash on cash: -1.32% Traditional cash on cash: -1.04% Airbnb Rental Income: $4881 Traditional Rental Income: $4614 Airbnb ROI: -1.32% Traditional ROI: -1.04%
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.	$750,000	Airbnb cash on cash: 0.98% Traditional cash on cash: 1.4% Airbnb Rental Income: $2768 Traditional Rental Income: $2409 Airbnb ROI: 0.98% Traditional ROI: 1.4%
112 Kendall Road Spicewood, TX The final builder touch-ups are wrapping up, and this gorgeous new construction home in Sp...	4 beds \| 4 baths \| 2,792 sq.ft.	$649,000	Airbnb cash on cash: 1.35% Traditional cash on cash: 2.79% Airbnb Rental Income: $2673 Traditional Rental Income: $2910 Airbnb ROI: 1.35% Traditional ROI: 2.79%
26804 Masters Parkway #26800 Masters Pkwy Spicewood, TX SANTA BARBARA MEETS TX HILL COUNTRY! Located in the desirable gated/guarded golf community...	4 beds \| 5 baths \| 5,547 sq.ft.	$2,649,000	Airbnb cash on cash: -0.65% Traditional cash on cash: 0.67% Airbnb Rental Income: $2673 Traditional Rental Income: $5291 Airbnb ROI: -0.65% Traditional ROI: 0.67%
5229 Hupedo Ranch Spicewood, TX Perched above the Pedernales River canyons, Breezy River Villa is a rare legacy estate whe...	3 beds \| 5 baths \| 4,549 sq.ft.	$2,174,500	Airbnb cash on cash: -0.09% Traditional cash on cash: 0.9% Airbnb Rental Income: $2768 Traditional Rental Income: $4103 Airbnb ROI: -0.09% Traditional ROI: 0.9%
112 Mari Lane Spicewood, TX Move-in ready comfortable home! 3 bedrooms/2 baths one-story on approx. 2/3 acre. Spacious...	3 beds \| 2 baths \| 1,812 sq.ft.	$429,000	Airbnb cash on cash: 3.82% Traditional cash on cash: 3.45% Airbnb Rental Income: $2768 Traditional Rental Income: $1969 Airbnb ROI: 3.82% Traditional ROI: 3.45%
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.	$3,099,000	Airbnb cash on cash: -0.14% Traditional cash on cash: 0.44% Airbnb Rental Income: $4881 Traditional Rental Income: $5539 Airbnb ROI: -0.14% Traditional ROI: 0.44%
115 Oak Meadow Trl Spicewood, TX Incredible and fully comprehensive Double Horn compound. All the amenities and all the ac...	5 beds \| 6 baths \| 3,595 sq.ft.	$1,498,000	Airbnb cash on cash: 0.64% Traditional cash on cash: 2.46% Airbnb Rental Income: $4881 Traditional Rental Income: $6406 Airbnb ROI: 0.64% Traditional ROI: 2.46%
120 Oak Meadow Trail Spicewood, TX LARGE PRICE DROP - Almost $175k in reductions - Don't miss out on this amazing opportunity...	4 beds \| 5 baths \| 3,647 sq.ft.	$925,000	Airbnb cash on cash: -0.38% Traditional cash on cash: 2.55% Airbnb Rental Income: $2673 Traditional Rental Income: $4562 Airbnb ROI: -0.38% Traditional ROI: 2.55%
24736 NE Travis Lakeside Cv Circle Spicewood, TX Nestled in a prestigious gated community on the tranquil shores of Lake Travis, this stunn...	4 beds \| 3 baths \| 4,695 sq.ft.	$2,395,000	Airbnb cash on cash: -0.8% Traditional cash on cash: -0.31% Airbnb Rental Income: $2673 Traditional Rental Income: $3121 Airbnb ROI: -0.8% Traditional ROI: -0.31%
1825 Art Adams Way Spicewood, TX Discover luxury and convenience in this to-be-built 3-bedroom, 2-bath home with 1,703 squa...	3 beds \| 2 baths \| 1,703 sq.ft.	$649,000	Airbnb cash on cash: 1.26% Traditional cash on cash: 1.31% Airbnb Rental Income: $2768 Traditional Rental Income: $2149 Airbnb ROI: 1.26% Traditional ROI: 1.31%
1832 Art Adams Way Spicewood, TX Discover luxury and convenience in this to-be-built 3-bedroom, 2-bath home with 1,780 squa...	3 beds \| 2 baths \| 1,780 sq.ft.	$669,000	Airbnb cash on cash: 1.19% Traditional cash on cash: 1.27% Airbnb Rental Income: $2768 Traditional Rental Income: $2168 Airbnb ROI: 1.19% Traditional ROI: 1.27%
1816 Art Adams Way Spicewood, TX Discover luxury and convenience in this to-be-built 3-bedroom, 2-bath home with 1884 squar...	3 beds \| 2 baths \| 1,884 sq.ft.	$699,000	Airbnb cash on cash: 1.1% Traditional cash on cash: 1.28% Airbnb Rental Income: $2768 Traditional Rental Income: $2235 Airbnb ROI: 1.1% Traditional ROI: 1.28%
1836 Art Adams Way Spicewood, TX Discover luxury and convenience in this to-be-built 3-bedroom, 2-bath home with 2074 squar...	3 beds \| 2 baths \| 2,074 sq.ft.	$719,000	Airbnb cash on cash: 1.04% Traditional cash on cash: 1.36% Airbnb Rental Income: $2768 Traditional Rental Income: $2330 Airbnb ROI: 1.04% Traditional ROI: 1.36%
1940 Art Adams Way Spicewood, TX Discover luxury and convenience in this to-be-built 3-bedroom, 2-bath home with 2200 squar...	3 beds \| 2 baths \| 2,200 sq.ft.	$729,000	Airbnb cash on cash: 1.01% Traditional cash on cash: 1.33% Airbnb Rental Income: $2768 Traditional Rental Income: $2329 Airbnb ROI: 1.01% Traditional ROI: 1.33%
1933 Art Adams Way Spicewood, TX Discover luxury and convenience in this to-be-built 3-bedroom, 2-bath home with 2,374 squa...	3 beds \| 2 baths \| 2,374 sq.ft.	$749,000	Airbnb cash on cash: 0.96% Traditional cash on cash: 1.29% Airbnb Rental Income: $2768 Traditional Rental Income: $2344 Airbnb ROI: 0.96% Traditional ROI: 1.29%
260 County Road 413 Spicewood, TX Nestled on 52 breathtaking acres, this stunning property offers unparalleled natural beaut...	3 beds \| 3 baths \| 1,815 sq.ft.	$3,900,000	Airbnb cash on cash: -0.62% Traditional cash on cash: -0.67% Airbnb Rental Income: $2768 Traditional Rental Income: $1965 Airbnb ROI: -0.62% Traditional ROI: -0.67%
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.	$1,250,000	Airbnb cash on cash: -1.05% Traditional cash on cash: -0.06% Airbnb Rental Income: $1582 Traditional Rental Income: $2277 Airbnb ROI: -1.05% Traditional ROI: -0.06%
118 Midnight Sun Dr Drive 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.	$399,000	Airbnb cash on cash: 4.13% Traditional cash on cash: 3.56% Airbnb Rental Income: $2768 Traditional Rental Income: $1905 Airbnb ROI: 4.13% Traditional ROI: 3.56%
104 Double Horn Trail Spicewood, TX Experience the serenity of Texas Hill Country living in this beautifully custom-crafted 3,...	4 beds \| 3 baths \| 3,794 sq.ft.	$1,199,900	Airbnb cash on cash: -0.43% Traditional cash on cash: 0.02% Airbnb Rental Income: $2673 Traditional Rental Income: $2534 Airbnb ROI: -0.43% Traditional ROI: 0.02%
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.	$1,150,000	Airbnb cash on cash: -0.99% Traditional cash on cash: -0.31% Airbnb Rental Income: $2673 Traditional Rental Income: $2767 Airbnb ROI: -0.99% Traditional ROI: -0.31%

Real Estate investment in Spicewood, TX

There are 44 properties for sale in the city of Spicewood . The median list price in Spicewood is $950,000 and the average price per square foot is $311. In September 2025, the average monthly cash on cash return in Spicewood is 1.00%. The average monthly rental income in Spicewood is $2,767.

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

There are 44 investment properties available for sale in Spicewood.

In 2025, the best neighborhood to buy investment property is Spicewood.

The ROI for Short-Term is higher than the Long-Term in Spicewood with average rental income of $2,768.

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.

$770,000

Airbnb cash on cash: 0.01%

Traditional cash on cash: 1.48%

Airbnb Rental Income: $2673

Traditional Rental Income: $3094

Airbnb ROI: 0.01%

Traditional ROI: 1.48%

306 Songwood Drive

Spicewood, TX

3 beds | 2 baths | 1,447 sq.ft.

$384,995

Airbnb cash on cash: 2.78%

Traditional cash on cash: 1.62%

Airbnb Rental Income: $2768

Traditional Rental Income: $1696

Airbnb ROI: 2.78%

Traditional ROI: 1.62%

25420 Cove Drive

Spicewood, TX

3 beds | 2 baths | 1,920 sq.ft.

$644,975

Airbnb cash on cash: 2.03%

Traditional cash on cash: 2.86%

Airbnb Rental Income: $2768

Traditional Rental Income: $2617

Airbnb ROI: 2.03%

Traditional ROI: 2.86%

1824 Art Adams Way

Spicewood, TX

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

$798,800

Airbnb cash on cash: 0.55%

Traditional cash on cash: 1.14%

Airbnb Rental Income: $2768

Traditional Rental Income: $2559

Airbnb ROI: 0.55%

Traditional ROI: 1.14%

1837 Art Adams Way

Spicewood, TX

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

$849,000

Airbnb cash on cash: 0.46%

Traditional cash on cash: 1.71%

Airbnb Rental Income: $2768

Traditional Rental Income: $3107

Airbnb ROI: 0.46%

Traditional ROI: 1.71%

19586 Sandcastle Drive

Spicewood, TX

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

$4,500,000

Airbnb cash on cash: -1.15%

Traditional cash on cash: -0.53%

Airbnb Rental Income: $2673

Traditional Rental Income: $4621

Airbnb ROI: -1.15%

Traditional ROI: -0.53%

505 Vista View Trail

Spicewood, TX

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

$795,000

Airbnb cash on cash: -0.15%

Traditional cash on cash: 0.11%

Airbnb Rental Income: $2768

Traditional Rental Income: $2314

Airbnb ROI: -0.15%

Traditional ROI: 0.11%

19407 White Horse Cove

Spicewood, TX

5 beds | 5 baths | 4,623 sq.ft.

$1,498,000

Airbnb cash on cash: 1.07%

Traditional cash on cash: 0.98%

Airbnb Rental Income: $4881

Traditional Rental Income: $3749

Airbnb ROI: 1.07%