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Spicewood · Paleface Ranch Sec 03

$1,199,000 2 days on market

23621 Indian Divide Cv, Spicewood, TX 78669

  • 3bedrooms
  • 2bathrooms
  • 3,481sqft
  • 2.2acres
  • 2003year built

About this home

Set on 2.24 acres at the end of a quiet cul-de-sac along the Pedernales River with direct access to Lake Travis, this rare Hill Country waterfront compound delivers a true outdoor lifestyle. A long private drive flanked by stone pillars welcomes you in, with mature oaks and privacy from neighboring homes.
The single-story main home features three bedrooms, two bathrooms, no carpet, vaulted ceilings, and a floor-to-ceiling Hill Country stone fireplace with arched firebox in the main living area. A Texas-star stained-glass front door, decorative archways, and exposed wood beams give the home authentic Texas character. The light-filled dining area is wrapped in oversized windows on three sides — selective tree trimming would reveal river views from the table.
The chef’s kitchen is anchored by a dramatic stone archway framing the gas cooktop, with custom tile inlay, granite countertops, a large center prep island, and stone breakfast bar. Stainless appliances include a built-in double oven, microwave, dishwasher, and French-door refrigerator, plus a walk-in pantry.
A detached guest house offers an open layout with bedroom area, kitchenette, and full bath — ideal for guests or extended family.
The outdoor living truly sets this property apart. A freeform stone pool with raised spa and water feature is anchored by an architectural stone fireplace. A separate flagstone patio offers a built-in wood-fired BBQ pit, outdoor dining area, and second stone fireplace. A pergola-covered patio with stone bar overlooks the river valley, plus a second pergola/firepit patio, greenhouse, and raised-bed garden.
A private covered double-slip boat dock with sun deck, boat lift, jet ski lift, and storage room provides direct access to the river and lake. Adjacent to neighborhood boat ramp.
Finished 3-car garage with epoxy floor, heated/cooled; separate garage/workshop with EV charger; level RV pad with full power; solar panels averaging ~$150/mo.

Property

Type
Single Family Residence
Levels
One
Year built
2003
Lot size
2.24 acres
Subdivision
Paleface Ranch Sec 03
MLS #
ACT2854424

Inside

Bedrooms
3
Bathrooms
2
Living area
3,481 sqft
Fireplaces
1

Outside / parking

Garage spaces
3
Pool
Yes — private
Waterfront
Yes

Schools

Elementary
West Cypress Hills
High school
Lake Travis
District
Lake Travis ISD

Costs

HOA
$600 / annually
Est. annual taxes
$14,011 (2025)

Listing

First listed
May 11, 2026
Days listed
2
Status
Active

Listed by Russell Martinez, Res and Ranch LLC · [email protected] · MLS# ACT2854424 · 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.

Where this home sits

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