• 61 days on site
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312 Paleface Point offers a rare opportunity to own the entire Deerhaven subdivision—three parcels totaling approximately 10.87 acres in Spicewood—with Hill Country scenery, water views, and long-term flexibility. The offering includes a 5.75-acre homesite plus 2 additional parcels (approx. 2.49 and 2.63 acres), creating a unified tract with privacy, scale, and future potential. The property is used as a single homesite and taxed with a homestead exemption across the combined parcels. The 4-bedroom, 3.5-bath home features a flexible layout with 2 bedrooms on the main level and 2 upstairs, along with a dedicated office/flex space overlooking the pool and grounds. The kitchen opens to the living area and is equipped with granite countertops, stainless appliances, Thermador 5-burner propane cooktop, Thermador double ovens, and cherry cabinetry. The living space is anchored by a striking two-story stone fireplace, creating a natural gathering point within the home. The primary suite includes double vanities, walk-in closets, a garden tub, and a spa-inspired sealed steam shower with dual shower heads. Insulated, heated/cooled garage offers ideal space for workshop, hobbies, or studio use. Outdoor features include a pool with fountains, stand-alone hot tub, rooftop observation deck with panoramic Hill Country and Pedernales River views, a 20x20 outbuilding, additional storage and an arched metal roof. Utilities include a well with 2,500-gallon storage and booster pump, septic system, water softener, underground propane tank, and much of the gutterwork completed for a potential rainwater collection system. Located in Spicewood with a favorable tax rate of 1.54% and positioned in a high-growth corridor with practical access to Austin. Nearby amenities include Lake Travis access at Pace Bend Park and Muleshoe Bend, Grelle Recreation Area, and multiple golf options including Barton Creek Lakeside and Lakecliff, along with wineries, distilleries, and Hill Country recreation.

Source: Austin MLS, MLS#: 8116473

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  • Property Type
    Residential
  • Lot
    10.87 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 312 Paleface Point DR


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/29/2026Source: Austin MLS Added to Database
April 29, 2026
Listing provided courtesy of Keller Williams Realty- MLS# 8116473MLS Provider