Ed's Opinion of Value

$474,900 Ed's Estimate: $613,304 $985,000
Lowest Comp Recommended List: $517,000 to $527,000 Highest Comp
After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $613,304. Pricing this home between $517,000 and $527,000 would put it in the competitive sweet spot for BRIARCLIFF INC. This home's position in the current BRIARCLIFF INC market: the 2nd least expensive of 5 comparable homes on the market among comparable properties. The 209 sqft size difference versus comparable sales is reflected in the adjusted values. Having a pool is a plus; 7 of the 7 comps lacked one. Current inventory shows 5 comparable homes in BRIARCLIFF INC; a buyer's market based on recent absorption. Market data shows BRIARCLIFF INC prices fallen 18.4% over the last half year. The closest comparable sale, 712 Newport DR, Spicewood TX 78669 at an adjusted $496,462, is with a smaller floor plan and no pool. The comp data here (7 sales in BRIARCLIFF INC) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus
3 Beds
3 Baths 3 Full
2,416 Sq Ft
0.4309 Acres
2017 Built
2 Garage

About This Property

Hill Country Views, Lake Access, and a Private Pool!
Live the lake life with style and space at 503 Alva Dr—a custom-built retreat tucked into the heart of Briarcliff. Set on a large lot with sweeping Hill Country and lake views, this thoughtfully designed 4-bedroom, 3-bathroom home blends elevated finishes with everyday comforts!
The heart of the home is an airy living space with wooden ceiling beams and an open-concept kitchen featuring granite countertops and loads of room to gather. A huge bonus loft upstairs offers panoramic views and flexible space for work or play. You’ll love the built-in mudbench crafted from original Austin High School lockers—a true local touch! Custom plantation shutters, spa-like primary bath with soaking tub and walk-in shower, and builder-grade upgrades round out the interior comforts.
Enjoy a fully fenced yard with a sparkling custom pool, surrounded by old-growth oaks and wide open skies. With no neighbors to one side and room to roam, this home offers rare privacy with a laid-back feel.
Located in highly rated Lake Travis ISD and within the amenity-rich Briarcliff community, residents have access to a marina, boat launch, golf course, disc golf, pickleball and basketball courts, dog park, hiking and biking trails, and a community center. Just minutes from Lakeway and the Hill Country Galleria, this home offers the ideal balance of peaceful lake living and everyday convenience. With few restrictions, a low 1.745 tax rate, and timeless charm throughout, this stunning home is a rare find in one of the Hill Country’s most beloved neighborhoods. Schedule a private showing today!

Property Highlights

Pool Fenced, In Ground, Outdoor Pool

Features

  • Breakfast Bar
  • Ceiling Fan(s)
  • High Ceilings
  • Granite Counters
  • Double Vanity
  • Electric Dryer Hookup
  • High Speed Internet
  • Interior Steps
  • Kitchen Island
  • Multiple Living Areas
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • 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 Concrete, Tile
Cooling Ceiling Fan(s), Central Air, Electric
Heating Central, Electric, Fireplace(s)
Exterior Lighting, Private Entrance, Private Yard
County Travis
MLS # 9130249
Garage 2 spaces

HOA & Community

HOA Fee $326 /Annually
HOA Includes Common Area Maintenance

Tax Information

Annual Taxes (MLS) $12,216 (2025)

Listing History

MLS# 9130249 64 days
Dec 1, 2025 Off Market
Aug 6, 2025 Price Change $665,000
Jul 10, 2025 Listed $685,000

Frequently Asked Questions About 503 Alva DR, Spicewood TX 78669

When was 503 Alva DR, Spicewood TX 78669 built?

503 Alva DR, Spicewood TX 78669 was built in 2017.

How much does 503 Alva DR, Spicewood TX 78669 cost?

503 Alva DR, Spicewood TX 78669 sold on December 1, 2025. Contact us for sale price details.

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