23617 Indian Divide CV, Spicewood TX 78669

Spicewood, TX 78669 | Paleface Ranch

$1,250,000 $315/sqft
5 Beds
5 Baths 4 Full, 1 Half
3,965 Sq Ft
2.55 Acres
2006 Built
3 Garage

About This Property

Experience luxury Hill Country living at an exceptional value in this private 2.5-acre waterfront estate. Exceptional waterfront opportunity on the Pedernales River! This stunning Mediterranean estate offers luxury, privacy, and incredible value in one of the area’s most sought-after communities. Featuring 5 bedrooms, a wine cellar, resort-style pool, and two primary suites, the home is designed for both everyday comfort and elevated entertaining. A newly constructed private boat dock provides direct river access, perfect for relaxing, kayaking, or enjoying the natural beauty of the Hill Country. Situated at the end of a quiet cul-de-sac, a private drive leads to this secluded retreat set on 2.5 acres of beautifully landscaped grounds. Enjoy poolside gatherings, then take a short walk down to the water for peaceful sunset views. The expansive acreage offers a rare sense of space and exclusivity while still being conveniently located near Lake Travis amenities. Located minutes from the future Highland Lakes High School, this property blends a serene, ranch-style setting with access to top-tier schools. Priced to reflect an outstanding opportunity, this home delivers exceptional value for waterfront living with acreage, privacy, and premium features—making it as smart an investment as it is a beautiful place to call home.

Property Highlights

Pool In Ground
Waterfront Pedernales River · River Front

Features

  • Bar
  • Bookcases
  • Breakfast Bar
  • High Ceilings
  • Granite Counters
  • Crown Molding
  • Double Vanity
  • Electric Dryer Hookup
  • Interior Steps
  • Kitchen Island
  • Multiple Living Areas
  • Open Floorplan
  • Pantry
  • Recessed Lighting
  • Soaking Tub
  • Storage
  • Walk-In Closet(s)
  • Washer Hookup

Location

Schools

School District Lake Travis ISD
Middle School Lake Travis
High School Lake Travis

Property Details

Property Type Residential
Flooring Carpet, Tile, Wood
Cooling Central Air
Heating Central
Exterior Balcony, Barbecue, Boat Dock - Private, Boat Slip, Exterior Steps, Gas Grill, Lighting, Private Entrance, Private Yard
County Travis
MLS # 6167527

Parking

Garage 3 spaces

HOA & Community

HOA Fee $600 /Annually
HOA Includes Security

Tax Information

Annual Taxes $35,097 (2023)

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* Estimate only. Does not include HOA fees, PMI, or other costs.
This property has HOA fees of $600/annually.

Listing History

MLS# 6167527 - Updated Apr 2, 2026
Apr 2, 2026 Listed Listing Courtesy of Best of Texas Real Estate - Lindsey@​lakewaylindsey.com $1,250,000

Frequently Asked Questions About 23617 Indian Divide CV, Spicewood TX 78669

When was 23617 Indian Divide CV, Spicewood TX 78669 built?

23617 Indian Divide CV, Spicewood TX 78669 was built in 2006.

How much does 23617 Indian Divide CV, Spicewood TX 78669 cost?

23617 Indian Divide CV, Spicewood TX 78669 is listed for sale at $1,250,000. That is $315 per square foot.

How many bedrooms and bathrooms does 23617 Indian Divide CV, Spicewood TX 78669 have?

23617 Indian Divide CV, Spicewood TX 78669 has 5 bedrooms and 5 bathrooms (4 full, 1 half) with 3,965 square feet of living space.

What school district is 23617 Indian Divide CV, Spicewood TX 78669 in?

23617 Indian Divide CV, Spicewood TX 78669 is in the Lake Travis ISD school district. Assigned schools include West Cypress Hills (elementary), Lake Travis (middle), Lake Travis (high school).

Does 23617 Indian Divide CV, Spicewood TX 78669 have an HOA?

Yes, 23617 Indian Divide CV, Spicewood TX 78669 has an HOA fee of $600 per annually. The HOA includes security.

What are the property taxes on 23617 Indian Divide CV, Spicewood TX 78669?

The annual property taxes on 23617 Indian Divide CV, Spicewood TX 78669 are $35,097 (as of 2023).

How big is the lot at 23617 Indian Divide CV, Spicewood TX 78669?

The lot at 23617 Indian Divide CV, Spicewood TX 78669 is 2.55 acres, and the home has 3,965 square feet of living space.

What type of property is 23617 Indian Divide CV, Spicewood TX 78669?

23617 Indian Divide CV, Spicewood TX 78669 is a residential property.

Does 23617 Indian Divide CV, Spicewood TX 78669 have a garage?

Yes, 23617 Indian Divide CV, Spicewood TX 78669 has a 3-car garage.

Does 23617 Indian Divide CV, Spicewood TX 78669 have a pool?

Yes, 23617 Indian Divide CV, Spicewood TX 78669 has a pool. Pool features include in ground.

Is 23617 Indian Divide CV, Spicewood TX 78669 waterfront?

Yes, 23617 Indian Divide CV, Spicewood TX 78669 is a waterfront property on Pedernales River. Waterfront features include river front.

What subdivision is 23617 Indian Divide CV, Spicewood TX 78669 in?

23617 Indian Divide CV, Spicewood TX 78669 is located in the Paleface Ranch subdivision in Spicewood, TX.

What heating and cooling does 23617 Indian Divide CV, Spicewood TX 78669 have?

23617 Indian Divide CV, Spicewood TX 78669 has central heating and central air cooling.

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