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$2,850,000

23601 Old Ferry RD #1, Spicewood, TX 78669

N/A

Acres39.66

About This Property

Historic Pedernales River Ranch. Steeped in Texas history and stewarded by the Paul family since the 1950s, this extraordinary 39.66-acre ranch has exchanged hands only three times since the original Texas land grant of 1836. Rarely does a property with such heritage and potential become available, offering a unique opportunity to bring your vision to life in the heart of the Hill Country. Currently Agricultural Exempt, the property is fully fenced and features multiple level building sites ideal for a homestead, ranch headquarters, or future development. The land appears to not be zoned or located within an ETJ, providing incredible flexibility for both residential and commercial possibilities. The topography is mostly flat with gentle elevation changes that slope toward a Pedernales River slough, where you’ll also find the unique and storied “living cave.” Walking access down to the slough provides scenic beauty and recreation, while higher ground outside the partial floodplain ensures plenty of usable space for construction. The property already has a water well and electrical is available, with a septic system needed for future improvements. Stands of mature oaks and native vegetation are scattered throughout, all set against a backdrop of iconic Texas sunsets. With only very light, seller-imposed restrictions, this land is truly ready for development and offers exceptional potential for commercial ventures. Located in the highly acclaimed Lake Travis ISD and less than a 10-minute drive to Pace Bend Park, this property offers unmatched versatility, natural beauty, and a legacy that stretches back to the earliest days of the Republic. Whether your dream is a private ranch retreat, an agricultural enterprise, or a commercial project with deep Texas roots, this is a rare chance to own a piece of Texas history and create something extraordinary.

Property Details

Property TypeSingle Family
MLS #3018295
Days on Market196
Lot Size39.66 acres
Listed9/1/2025
Last Updated9/1/2025

Location

County
Travis
School District
Lake Travis ISD
MLS Area
LS

Size

Lot Description
Agricultural, Cleared, Farm, Few Trees, Gentle Sloping, Native Plants, Private, Rolling Slope, Trees-Large (Over 40 Ft), Many Trees, Trees-Medium (20 Ft - 40 Ft), Trees-Moderate, Trees-Small (Under 20 Ft), Trees-Sparse, Views
Horses Allowed
Yes
$/Acre
$71,864

Improvements

Fence
Barbed Wire, Full, Gate, Perimeter
View
Hill Country, Panoramic, Pasture, River, Rural, Water
Waterfront
Yes

Location

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Listing provided by Anggay Tenney · Longhorn Realty, LLC · (512) 689-0067

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

$2,850,000