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Spicewood · Point Pedernales

$1,299,000 138 days on market

Reduced from $1,450,000 · −10.4%

25400 Cove Dr, Spicewood, TX 78669

  • 5bedrooms
  • 4bathrooms
  • 2,897sqft
  • 0.99acres
  • 2006year built

About this home

Peaceful waterfront retreat on the Pedernales River featuring two beautifully designed, light-filled homes— 2 bed/2 bath main residence and a 3 bed/2 bath guest house (2018)—offering exceptional flexibility for full-time living, hosting extended family, or generating strong short-term rental income when not in residence. Both homes showcase low-maintenance concrete floors, walls of windows, and an abundance of natural light, creating bright, airy interiors. Updated bathrooms, generously sized bedrooms, and a move-in-ready condition ensure comfort and ease for owners and guests alike.
Enjoy approximately 130 feet of waterfront, complete with a private swim area and an impressive entertainment-focused 24’ x 10’ boat dock with additional covered lounging area, and self-leveling steps to the water—ideal for boating, paddle boarding, kayaking, or floating the river.
Outdoor living is exceptional and designed for gathering, with a large stone patio offering multiple lounging zones, a covered outdoor kitchen and a spacious sitting area anchored by a stone wood-burning outdoor fireplace. A stunning 745 square ft covered deck spans the home, delivering sweeping river views and a peaceful, elevated treehouse-like experience your guests will rave about.
Evenings are best enjoyed at the central fire pit area between the two homes, enhanced by cafe lighting and washer pits—perfect for relaxing after a day on the water. Additional highlights include ample parking, a 2-car garage, and thoughtful system upgrades including new roofs on both homes (September 2024), tankless water heaters and water softeners in both residences, and a reverse osmosis system in the main house.
A rare opportunity to own a private, turn-key riverfront compound in the highly desirable Lake Travis / Pedernales River corridor, offering an unmatched blend of lifestyle, privacy, and income potential.

Property

Type
Single Family Residence
Levels
Two
Year built
2006
Lot size
0.99 acres
Subdivision
Point Pedernales
MLS #
ACT5840281

Inside

Bedrooms
5
Bathrooms
4
Living area
2,897 sqft
Fireplaces
1

Outside / parking

Garage spaces
2
Waterfront
Yes

Schools

Elementary
Marble Falls
High school
Marble Falls
District
Marble Falls ISD

Costs

Est. annual taxes
$18,949 (2025)

Listing

First listed
Dec 21, 2025
Days listed
138
Original price
$1,450,000
Status
Active

Listed by Christine Emanuel, Engel & Volkers Austin · [email protected] · MLS# ACT5840281 · Active

Estimate your monthly payment

Loan

Down payment
%
0%10%20%30%40%50%
Loan term
Interest rate (%)
3%5%7%9%

Yearly costs

Monthly payment

$0

Total monthly

Principal & interest
$0
Property tax
$0
Insurance
$0
HOA
$0
Loan amount
$0

Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.

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