515 Coventry RD, Spicewood TX 78669

Off Market

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Ed's Opinion of Value

$581,595 Ed's Estimate: $647,400 $1,099,900

Lowest Comp Recommended List: $634,000 to $660,000 Highest Comp

After reviewing 7 recent transactions in WINDERMERE OAKS, I estimate this property's value at $647,400. A competitive list price for this home right now would fall in the $634,000 to $660,000 range. This home's position in the current WINDERMERE OAKS market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. The 250 sqft size difference versus comparable sales is reflected in the adjusted values. At 12 years older than typical comps, the 1998 build date influences the valuation. Current inventory shows 3 comparable homes in WINDERMERE OAKS; a buyer's market based on recent absorption. Prices in WINDERMERE OAKS have fallen 17.6% over the last 6 months. A similar home at 112 Center Cove Iii LOOP, Spicewood TX 78669 carries an adjusted comparable value of $742,058, providing a strong data point. The comp data here (7 sales in WINDERMERE OAKS) 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

WINDERMERE OAKS Market Trends

$485,000 Median Sold Price ▼ 17.6% 6mo

$216/sqft Median $/SqFt ▼ 4.8% 6mo

81 days Avg Days on Market 86 days faster

14 homes Active Inventory 7.6 mo supply

97.7% Sale-to-List Ratio

11 Sales (6 months)

$479,035 Tax Assessed (2024)

Recently Sold Comparables

$742,058 adjusted 112 Center Cove Iii LOOP, Spicewood TX 78669 4bd / 3.0ba • 3,450 sqft • 0.1 mi Sold 10 months ago

$642,694 adjusted 330 Kendall RD, Spicewood TX 78669 4bd / 3.0ba • 2,674 sqft • 0.3 mi Sold 4 months ago

$581,595 adjusted 112 Kendall RD, Spicewood TX 78669 4bd / 4.0ba • 2,803 sqft • 0.3 mi Sold 4 months ago

$597,604 adjusted 132 Bedford DR, Spicewood TX 78669 4bd / 3.0ba • 2,634 sqft • 0.2 mi Sold 10 months ago

$593,735 adjusted 300 Bedford DR, Spicewood TX 78669 4bd / 2.0ba • 2,683 sqft • 0.1 mi Sold 1 months ago

Currently on Market

$714,000 400 Bedford DR, Spicewood TX 78669 4bd / 3.0ba • 2,988 sqft • 0.2 mi 4 days on market

$1,099,900 1017 Coventry RD, Spicewood TX 78669 3bd / 4.0ba • 3,088 sqft • 0.3 mi 47 days on market

$615,000 300 Wesley Ridge DR, Spicewood TX 78669 4bd / 4.0ba • 3,140 sqft • 1.3 mi 184 days on market

4 Beds

3 Baths 3 Full

2,968 Sq Ft

0.75 Acres

1998 Built

2 Garage

About This Property

Welcome to this beautiful home nestled in the desirable Windermere Oaks community. Surrounded by mature trees, the setting evokes the feeling of living in a serene treehouse with breathtaking lake views. Perched on a quiet cove of Lake Travis, the home greets you with a warm and inviting foyer. The formal dining room is ideal for hosting guests, while expansive walls of windows frame stunning views of Lake Travis and fill the space with natural light. Both levels feature covered balconies, perfect for enjoying the scenic Texas Hill Country and the sparkling lake below.
The main level boasts a spacious primary suite with a private ensuite bathroom, along with two additional bedrooms. A separate guest suite offers a private retreat with its own sitting area, full kitchen, bedroom, and bath—ideal for extended stays or multi-generational living.
Windermere Oaks offers exceptional amenities, including a private airport, marina, swimming pool, tennis courts, and a park. Conveniently located near Barton Creek Lakeside and Lake Cliff Country Clubs, this home is just 20 minutes from the Hill Country Galleria in one direction and 20 minutes in the other direction from the charming town of Marble Falls.

Property Highlights

Waterfront Lake Travis · Lake Front, River Front, Waterfront, See Remarks

View Creek/Stream, Hill Country, Lake

Features

Breakfast Bar
Ceiling Fan(s)
High Ceilings
Granite Counters
Double Vanity
Electric Dryer Hookup
Eat-in Kitchen
Interior Steps
Kitchen Island
Multiple Dining Areas
Multiple Living Areas
Primary Bedroom on Main
Walk-In Closet(s)
Washer Hookup

Location

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Schools

School District Marble Falls ISD

Elementary Spicewood (Marble Falls ISD)

Middle School Marble Falls

High School Marble Falls

Property Details

Property Type Residential

Construction Masonry – All Sides, Stone

Roof Composition, Shingle

Foundation Slab

Levels Two

Flooring Tile, Wood

Cooling Ceiling Fan(s), Central Air

Heating Central

Fireplace Gas Log

Exterior Balcony, Exterior Steps, Gutters Full

County Burnet

MLS # 5166960

Garage 2 spaces

Parking 4 spaces: Detached, Garage

Windows Bay Window(s)

Security Smoke Detector(s)

Lot, Outdoor & Utilities

Lot Features Front Yard, Trees-Large (Over 40 Ft), Many Trees, Views

Patio & Porch Covered, Deck, Front Porch, Terrace

Water Private

Sewer Private Sewer

Utilities Electricity Connected, Propane, Sewer Connected, Water Connected

HOA & Community

HOA Fee $650 /Annually

HOA Name Windermere Oaks POA

HOA Includes Common Area Maintenance

Community Features Airport/Runway, Common Grounds, Gated, Lake, Park, Picnic Area, Playground, Pool, Sport Court(s)/Facility, Tennis Court(s)

Tax Information

Annual Taxes (MLS) $6,455 (2024)

Assessed Value $479,035

Exemptions Homestead, Over 65

Listing History

MLS# 5166960 306 days

Mar 6, 2026	Off Market
Feb 23, 2026	Pending
Nov 3, 2025	Price Change	$699,000
Apr 9, 2025	Listed	$750,000

Frequently Asked Questions About 515 Coventry RD, Spicewood TX 78669

When was 515 Coventry RD, Spicewood TX 78669 built?

515 Coventry RD, Spicewood TX 78669 was built in 1998. It is masonry – all sides, stone construction with 2,968 square feet on a 0.75 acre lot.

How much does 515 Coventry RD, Spicewood TX 78669 cost?

515 Coventry RD, Spicewood TX 78669 sold on March 6, 2026. Contact us for sale price details.

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