508 Harbor DR # 5, Spicewood TX 78669

Spicewood, TX 78669 | Harbor Point

Ed's Opinion of Value

$219,990 Ed's Estimate: $467,630 $599,000
Lowest Comp Recommended List: $458,000 to $477,000 Highest Comp

Listing History

$489,000 List Price
$458,208 Comp Value
0 Price Reductions

This property was listed at $489,000 and withdrawn after 255 days on market. This listing activity factors into the valuation.

The market data from 7 similar recent sales in HARBOR POINT points to a value of approximately $467,630. To sell within a reasonable timeframe at fair market value, the $458,000 to $477,000 range is where I'd position this. In the current HARBOR POINT market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. At 381 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.03 acres, the lot is smaller than the 1.24 acre comp average, which factors into pricing. 7 comparable transactions in HARBOR POINT support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
3 Beds
2 Baths 2 Full
1,396 Sq Ft
0.03 Acres
1985 Built
2 Garage

About This Property

Welcome to your Lake Travis waterfront escape! This beautifully designed 3-bedroom, 2-bath condo is located in Ridge Point within the gated Ridge Harbor community—one of Spicewood’s most desirable addresses. It offers the perfect blend of relaxation, convenience, and investment potential. This section of Ridge Harbor delivers a true lock-and-leave lifestyle and is the only area in the community where short-term rentals are allowed—making it as attractive for investors as it is for weekenders and full-time residents. Enjoy your private jet ski slip for endless days on the water, then retreat to the oversized garage with plenty of room for boats, kayaks, and more. Step outside to your spacious deck shaded by a majestic live oak, perfect for gathering with friends or soaking in the serene lake views. The primary suite is a private sanctuary—set on its own level with a spa-like shower overlooking Lake Travis and a walkout balcony where you can savor morning coffee or evening sunsets in total peace. Ridge Harbor residents enjoy resort-style amenities including a sparkling pool, boat ramps, and a lakefront park. The community also connects directly to Muleshoe Bend Park, where you’ll find miles of hiking and biking trails, scenic picnic spots, and breathtaking seasonal wildflowers. Set along a quiet stretch of Lake Travis with minimal boat traffic, this home offers tranquility that’s hard to find on the lake. Whether you’re searching for a full-time residence, a weekend retreat, or a strong short-term rental investment, this waterfront Ridge Point condo delivers it all.

Property Highlights

Waterfront Lake Travis · Lake Front, Waterfront

Features

  • Breakfast Bar
  • Built-in Features
  • Ceiling Fan(s)
  • High Ceilings
  • Vaulted Ceiling(s)
  • Granite Counters
  • Dry Bar
  • Electric Dryer Hookup
  • Entrance Foyer
  • High Speed Internet
  • Interior Steps
  • Open Floorplan
  • Pantry
  • Recessed Lighting
  • Washer Hookup

Location

Schools

Property Details

Property Type Residential
Flooring Tile
Cooling Central Air, Electric
Heating Central, Electric
Exterior See Remarks, Balcony, Boat Dock - Shared, Boat Ramp, Exterior Steps
County Burnet
MLS # 7547402
Garage 2 spaces

HOA & Community

HOA Fee $1,464 /Annually
HOA Includes Common Area Maintenance, Insurance

Tax Information

Annual Taxes (MLS) $6,142 (2025)

Listing History

MLS# 4388484 57 days (690 CDOM)
Jul 31, 2026 Off Market
Jul 16, 2026 Pending
Jun 4, 2026 Price Change $475,000
May 8, 2026 Listed $489,500

Frequently Asked Questions About 508 Harbor DR # 5, Spicewood TX 78669

When was 508 Harbor DR # 5, Spicewood TX 78669 built?

508 Harbor DR # 5, Spicewood TX 78669 was built in 1985.

How much does 508 Harbor DR # 5, Spicewood TX 78669 cost?

508 Harbor DR # 5, Spicewood TX 78669 is currently off market.

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