Tucked along the breathtaking Narrows of Lake Travis in the beloved Spicewood Beach community, this 2-bedroom, 2-bath retreat is your affordable entry point into one of Central Texas's most coveted waterfront neighborhoods. With panoramic views of both Lake Travis and the 9-hole golf course, this property delivers scenery that luxury homes charge triple for. The floor plan features two distinct living areas including a sunroom that frames the lake and golf course. A peninsula divides the dining and sunroom areas, creating a natural gathering space complete with bar seating for four. The kitchen features its own eat-in bar. The laundry room offers additional storage and has a stackable washer and dryer, keeping everything functional and tucked away neatly.
Built on a pier foundation, the home sits elevated in all the right ways, maximizing those breathtaking views while allowing for excellent airflow throughout. Step outside into a resort-style community featuring a waterfront fishing dock, boat launch, and covered picnic tables— everything you need to fully embrace the Lake Travis lifestyle without the lakefront price tag. The location is perfect, the views are spectacular, and the lifestyle is waiting. Properties with this combination of views, water access, and community amenities at this price point on Lake Travis simply do not last. Whether you're an investor looking for incredible upside potential in one of Texas's hottest lake markets, a weekend escape seeker ready for affordable Lake Travis access, someone craving single-level living surrounded by natural beauty, or a rental visionary ready to capitalize on one of the most in-demand destinations in Texas — this property checks every box. Come for the views. Stay for the lifestyle.
Features of 234 Terrace Dr
MLS® #
1851023
Price
$295,500
Bedrooms
2
Bathrooms
2.00
Full Baths
2
Square Footage
1,552
Acres
0.39
Year Built
1988
Type
Residential
Sub-Type
Mobile Home
Status
Active
Has Pool
No
Water Feature/View
View
GolfCourse,Hills,Lake
Is Waterfront
No
Community Information: Spicewood
Address
234 Terrace Dr
Area
LW
Subdivision
Spicewood Beach
City
Spicewood
County
Burnet
State
TX
Zip Code
78669
Amenities of 234 Terrace Dr
Utilities
Electricity Connected, Propane
Features
Barbecue, Common Grounds/Area, Golf, Lake
Parking
Golf Cart Garage
Interior of 234 Terrace Dr
Interior
Carpet, Vinyl, Laminate
Appliances
Electric Oven, Refrigerator, Propane Cooktop, Washer/Dryer Stacked
Heating
Propane
Fireplace
No
Fireplaces
None
# of Stories
1
Stories
One
Exterior of 234 Terrace Dr
Exterior Features
Balcony, Exterior Steps
Lot Description
Front Yard, Many Trees, Views, Interior Lot, Steep Slope
Roof
Shingle
Construction
Vertical Siding
Foundation
Pillar/Post/Pier
School Information
District
Marble Falls ISD
Elementary
Spicewood (Marble Falls ISD)
Middle
Marble Falls
High
Marble Falls
Additional Information On 234 Terrace Dr
Days on Market
87
Foreclosure
No
Short Sale
No
RE / Bank Owned
No
HOA Fees
125
HOA Fees Freq.
Annually
Gated Community
No
Property History
Status Changed from Active Under Contract to Active
Status Changed from Active to Active Under Contract
Price Reduced from $300,000 to $295,500
Price Reduced from $325,000 to $300,000
Status Changed from Pending to Active
Price Reduced from $339,950 to $325,000
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. Listing Data Provided By: Compass RE Texas, LLC(512) 632-3889. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from September 29th, 2026 at 1:01pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.