4607 R O Drive

Spicewood, TX 78669
$2,475,000
6,137 sqft
7 beds
5.5 baths

Description

Discover a rare opportunity to own a multi-generational gentlemen’s ranch and thriving investment property on 10 acres of unrestricted Texas Hill Country land. Currently operating as a short-term rental and event venue, this estate is equally suited as a private family compound or income-generating retreat. Behind the gated entrance, three distinct residences create endless versatility for hosting, entertaining, or private living. Together, they offer 7 bedrooms, 6 full baths, multiple kitchens and dining areas, and expansive gathering spaces. The Main Ranch House blends Hill Country charm with modern comfort, featuring 4 main-level bedrooms (including 2 suites), a loft, and 3 bathrooms. A two-story Guest House provides a separate kitchenette, dining area, and upstairs suite with bedroom, bath, and sitting area. The third residence serves as an entertainment lodge, complete with a two-room game house and bar on the main level and a full upstairs suite with kitchen, dining, and living space. Outdoors, enjoy resort-style amenities including a heated pool with cascading water features, a gazebo, fenced garden, and ample outdoor living areas framed by rolling terrain and panoramic Hill Country views. Additional outbuildings provide storage, workshop space, and flexible utility. With proven income from Airbnb/VRBO and event rentals, plus no HOA or deed restrictions, this property stands out as both a legacy estate and a premier investment in the heart of Lake Travis ISD. Just minutes from Highway 71 and an easy drive to Austin, it’s a one-of-a-kind lifestyle opportunity in Spicewood.

Property Type: Residential - Single Family Residence
MLS Status: Active
MLS: 1250861
Year Built: 2001
County: Travis
Tract or Division: Scott G W
List Date: 08/20/2026
Area: LS
Square Feet: 6,137
Total Beds: 7
Full Baths: 5
Half Baths: 1
Acres: 10
Lot Size (sqft): 435,600

800.451.8055

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Interior Features

 
Appliances:
  • BuiltInOven
  • Dishwasher
  • GasCooktop
  • Disposal
  • GasOven
  • Microwave
  • WaterPurifierOwned
  • StainlessSteelAppliances
  • TanklessWaterHeater
  • VentedExhaustFan

Additional Property Details

 
Listing Agent: Megan Mrazek
Co-Listing Agent: Alice Duffy
Broker: Keller Williams - Lake Travis
Listed by: Megan Mrazek, Keller Williams - Lake Travis
Phone: 512.627.8055

Location

Schools

School Name Grades Admission
Lake Travis High School 9 - 12 Regular
Unassigned PK - PK Regular
West Cypress Hills Elementary School KG - 5 Regular
Lake Travis Middle School 6 - 8 Regular
4 Schools

*All school information should be verified by local Independent School District.

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* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.

The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

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