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Sold on 11/27/23
  • Price Unknown

    516 Bailey Lane, Spicewood, TX 78669

    5beds
    2,510sqft
    Farm
    Built in 1973
    15.3 Acres Lot
    $1,003,200 Zestimate®
    $--/sqft
    $3,069 Estimated rent

    Home value

    $1,003,200

    $863,000 - $1.16M

    $3,069/mo

    Zestimate® history
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    What's special

    Welcome to 516 Bailey Ln, a historic family ranch nestled in the serene and picturesque Spicewood, Texas. This beautiful property & home offer a perfect combination of rustic charm, fantastic hill country/panoramic views, location, ag exemption, no restrictions & income production. As you approach the property, you'll be greeted by open, sandy loam pastures, century oaks & mature trees. The classic hill country stone exterior and charming front & back porches of the main home create a warm & inviting first impression. Step inside to discover spacious dining and living areas for entertaining. The living room's vaulted ceiling and large windows overlook the restful back porch and yard. A second living room/game room, office & laundry rooms are additional bonuses. Entertain guests under the covered outdoor pavilion & patio while enjoying the picturesque views of the surrounding hill country or take a refreshing dip in the hot tub on a chilly winter day. The backyard also offers a separate 1 bedroom/1 bath casita, spacious covered pavilion, storage barn, guest bath & more creating the ideal spot for summer barbecues or simply enjoying morning coffee in the tranquil surroundings. The updated primary bedroom in the main home is a serene oasis, offering a peaceful retreat at the end of a long day. Three additional well-proportioned bedrooms provide ample space for family and guests. Situated in Spicewood, you'll enjoy a sought-after community renowned for its breathtaking natural beauty and convenient proximity.

    Zillow last checked: 8 hours ago

    Listing updated: September 23, 2025 at 07:24am

    Listed by:

    Eileen C Depew 512-567-9915,

    Keller Williams - Lake Travis

    Source: HLMLS,MLS#: 165986MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 2
    • 1/2 bathrooms: 2
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Disposal, Electric Range, Refrigerator, Electric Water Heater
    Features
    • Flooring: Carpet, Hardwood, Laminate Floating, Tile
    • Has fireplace: No
    Interior area
    • Total structure area: 2,510
    • Total interior livable area: 2,510 sqft

    Property

    Features
    • Fencing: Goat Fence,Wood,Partial
    • Has view: Yes
    • View description: Panoramic
    • Waterfront features: No
    Lot
    • Size: 15.30 Acres
    Details
    • Parcel number: 056107

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Farm
    Materials
    • HardiPlank Type, Stone
    • Foundation: Slab
    • Roof: Metal
    Condition
    • Year built: 1973

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Private, Well, Well-Required
    • Utilities for property: Electricity Available
    Green energy
    • Energy efficient items: Ceiling Fan(s)

    Community & neighborhood

    Location
    • Region: Spicewood
    • Subdivision: None

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    11/27/2023Sold--
    Source: HLMLS #165986
    10/30/2023Contingent$1,299,000$518/sqft
    Source: Unlock MLS #1603590
    10/18/2023Price change$1,299,000-7.1%$518/sqft
    Source: Unlock MLS #1603590
    9/13/2023Listed for sale$1,399,000$557/sqft
    Source: Unlock MLS #1603590

    Public tax history

    YearProperty taxesTax assessment
    2025-- $349,664
    2024$4,797 +61.8%$349,664 +22.2%
    2023$2,965 -18%$286,063 +10%

    Find assessor info on the county website

    Neighborhood: 78669

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $1,003,200

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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,003,200