120 Acres in Spicewood, TX - $2,039,880

SOLD! Spicewood Ranch is 120 +/- acres of rolling terrain with high vistas that gives you a special feel when you're on it. The Spicewood Ranch located approximately 3.2 miles from Opies BBQ on Highway 71 in Burnet County is a rare opportunity to own a true ranch in the Spicewood area with access to Lake Travis. This property has multiple uses ranging from a recreational hunting ranch with great building sites close to Austin or a true development with multiple building sites with great views of Lake Travis and paved county road access to the majority of the ranch. The Live Oak canopy for the subject property is absolutely gorgeous. An added bonus is the deep slew opening up to the main body of water on Lake Travis. This ranch has been owned and operated as part of a large ranching operation in the Texas Hill County and does have ag tax exemption currently in place. However, the urban sprawl makes this ranch a very attractive opportunity for the investment minded buyer. Offered at $20,000 per acre, REDUCED to $16,999 per acre.