516 Bailey Lane, Spicewood, TX 78669
Property image
Property image
OFF MARKET

$960,800

Trulia Estimate
  • 5 Beds
  • 3 Baths
  • 2,510 sqft (on 15.30 acres)

516 Bailey Lane, Spicewood, TX 78669

Est. Refi. Payment $6,189/mo*
Refinance Your Home

Home Value

Trulia Estimate
$961K
Since last month
Decreased$1K (-0.1%)
Since last year
Decreased$109K (-10.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +356% in the last 10 years
MonthEstimated value
2026
August 2026$961K
August 2026$961K
July 2026$962K
June 2026$964K
May 2026$1.03M
April 2026$1.01M
March 2026$1.01M
February 2026$1M
January 2026$976K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
112 Kendall Rd, Spicewood, TX
2.04
Single-Family Home
-
05/26/26
4
3.5
2,803
175 Scenic Ridge Drive, Spicewood, TX
2.36
Single-Family Home
-
07/02/26
5
5.5
7,589
101 Bedford Drive, Spicewood, TX
2.16
Single-Family Home
-
03/25/26
2
2
2,225
300 Bedford Drive, Spicewood, TX
2.32
Single-Family Home
-
08/26/26
4
2
2,545
108 Tranquility Trl, Spicewood, TX
2.44
Single-Family Home
-
06/23/26
4
3.5
2,676
109 Lazy Oak Pl, Spicewood, TX
2.56
Single-Family Home
-
02/20/26
4
3.5
3,000
118 Midnight Sun Dr Drive, Spicewood, TX
2.57
Single-Family Home
-
05/29/26
3
2
1,772

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
206 Topspin Dr, Spicewood, TX 78669
0.39
$299,400
3
2
1,144
For Sale
7908 COUNTY ROAD 404, Spicewood, TX 78669
0.45
$1,490,000
-
-
-
For Sale
8000 County Road 404, Spicewood, TX 78669
0.48
$160,000
3
1
1,508
For Sale
104 Rockvale Ln, Spicewood, TX 78669
0.60
-
-
-
-
Off Market
Rockmoor, Spicewood, TX 78669
0.87
$712,990+
3
3.5
3,021
-
Edwards, Spicewood, TX 78669
0.87
$732,990+
4
3
2,824
-
Norwood, Spicewood, TX 78669
0.87
$692,990+
4
3.5
3,128
-
Fisk, Spicewood, TX 78669
0.87
$644,990+
3
2.5
2,552
-
Highcrest, Spicewood, TX 78669
0.87
$742,990+
4
3.5
3,214
-
124 Rees Landing Rd, Spicewood, TX 78669
0.88
$760,000
4
3.5
3,128
For Sale
104 Rees Landing Rd, Spicewood, TX 78669
0.89
$799,000
4
3
3,095
For Sale

Local Information

  • Map ViewExplore the area around 516 Bailey Lane.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1973
15.3 acre lot
2,510 sqft
$383/sqft

About this House

Welcome to 516 Bailey Ln, a historic family ranch nestled in the serene and picturesque Spicewood, Texas. This beautiful property & home offer a perfect combination of rustic charm, fantastic hill country/panoramic views, location, ag exemption, no restrictions & income production. As you approach the property, you'll be greeted by open, sandy loam pastures, century oaks & mature trees. The classic hill country stone exterior and charming front & back porches of the main home create a warm & inviting first impression. Step inside to discover spacious dining and living areas for entertaining. The living room's vaulted ceiling and large windows overlook the restful back porch and yard. A second living room/game room, office & laundry rooms are additional bonuses. Entertain guests under the covered outdoor pavilion & patio while enjoying the picturesque views of the surrounding hill country or take a refreshing dip in the hot tub on a chilly winter day. The backyard also offers a separate 1 bedroom/1 bath casita, spacious covered pavilion, storage barn, guest bath & more creating the ideal spot for summer barbecues or simply enjoying morning coffee in the tranquil surroundings. The updated primary bedroom in the main home is a serene oasis, offering a peaceful retreat at the end of a long day. Three additional well-proportioned bedrooms provide ample space for family and guests. Situated in Spicewood, you'll enjoy a sought-after community renowned for its breathtaking natural beauty and convenient proximity.
516 Bailey Lane, Spicewood, TX 78669 is a 5 bedroom, 4 bathroom, 2,510 sqft single-family home built in 1973. It last sold for the $1,299,000 asking price on Nov 27, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $960,800, with a rent estimate of $3,396/month.
Last check for updates: about 8 hours ago
Listed by Eileen C Depew, (512) 567-9915
Keller Williams - Lake Travis
Bought with: Agent Non-Member, HLAOR Non Member Office
Source: HLMLS as distributed by MLS GRID, MLS#165986

Home Details for 516 Bailey Lane

Interior Features

Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 4Number of Bathrooms (full): 2Number of Bathrooms (half): 2
Dimensions and Layout
Living Area: 2510 Square Feet
Appliances & Utilities
Utilities: Electricity AvailableAppliances: Disposal, Electric Range, Refrigerator, Electric Water HeaterDisposalRefrigerator
Heating & Cooling
Heating: Central,ElectricHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
No Fireplace
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Flooring: Carpet, Hardwood, Laminate Floating, Tile
Levels, Entrance, & Accessibility
Floors: Carpet, Hardwood, Laminate Floating, Tile
View
Has a ViewView: Panoramic

Exterior Features

Exterior Home Features
Roof: MetalFencing: Goat Fence, Wood, PartialFoundation: Slab
Frontage
Waterfront: NoRoad Frontage: GravelRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Septic Tank

Property Information

Year Built
Year Built: 1973
Property Type / Style
Property Type: FarmProperty Subtype: Farm
Building
Construction Materials: HardiPlank Type, Stone
Property Information
Parcel Number: 056107

Price & Status

Price
List Price: $1,299,000
Status Change & Dates
Possession Timing: Closing/Funding

Active Status

MLS Status: SOLD

Location

Direction & Address
City: SpicewoodCommunity: None
School Information
High School District: Marble Falls

Building

Building Area
Building Area: 2510 Square Feet

HOA

No HOA

Lot Information

Lot Area: 15.3 Acres

Energy

Energy Efficiency Features: Ceiling Fan(s)

Miscellaneous

Mls Number: 165986

Price and Tax history

DateEventPrice
Nov 27, 2023
Source: HLMLS as distributed by MLS GRID #165986
Sold
--
Oct 30, 2023
Source: Unlock MLS #1603590
Contingent
$1,299,000
Oct 18, 2023
Source: Unlock MLS #1603590
PriceChange
$1,299,000
Price decreased by 7%
Sep 13, 2023
Source: Unlock MLS #1603590
Listed For Sale
$1,399,000

Market trends in Spicewood

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$757K
$50KMoM
Sale-to-List Price
—
Price per sq ft
$278
$5MoM
Available listings
299
14MoM

Around this home

What Locals Say about Spicewood

At least 54 Trulia users voted on each feature.

  • 95 % Say there's wildlife

  • 95 % Say car is needed

  • 92 % Say parking is easy

  • 92 % Say it's quiet

  • 88 % Say yards are well-kept

  • 80 % Say it's dog friendly

  • 75 % Say there's holiday spirit

  • 69 % Say people would walk alone at night

  • 65 % Say they plan to stay for at least 5 years

  • 64 % Say there are community events

  • 61 % Say neighbors are friendly

  • 61 % Say kids play outside

  • 20 % Say there are sidewalks

  • 19 % Say streets are well-lit

  • 10 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Chris Kitchin
    "POA does organize some events. Some occasional potluck events. Neighborhood is quiet and quite small. "
    0
    Flag
  • Katie
    "They would like that the backyards are fenced in and the dogs are not able to get out but there still are loose dogs a lot of the time. But everyone out here loves dogs. "
    0
    Flag
  • Katie
    "My neighborhood stands out for its peaceful seclusion, friendly residents, and distance from bustling Austin."
    0
    Flag
  • Bmescovedo
    "A lot of space to roam and chase critters. They can also go swimming in the lake if they choose. "
    0
    Flag
  • Valerie Chachere
    "Houses are spaced out and have more privacy. Have to drive to go anywhere and it’s quiet. People know one another and most people have lived here a very long time many years "
    0
    Flag
  • Gmanningca
    "Good place to raise children. Friendly, young families, activities, huge community pool and community events on major holidays. Excellent Halloween"
    0
    Flag
  • Amberworner
    "Great local family & dog friendly brewery called, Frontyard Brewery, is the hub of the town that also gives back to the community. "
    0
    Flag
  • Paul B.
    "The topography of Briarcliff is quite unique. There are a lot of big hills and windy roads that remind you that you’re living in the gateway to the Texas Hill County. And the Briarcliff marina gives you access to the northern end of Lake Travis!"
    0
    Flag
  • Sheraldia
    "My neighborhood is very quiet and safe. Neighbors are friendly and w are on Lake Travis Everyone helps everyone. Great place to call home "
    0
    Flag
  • Trross75
    "It is a great community. Many people out biking or walking on our wide streets with little traffic, All types of dogs are being walked. Everyone is always friendly and welcoming!"
    2
    Flag
  • Jesse D.
    "A great place to live. It is a beautiful hill country community with great schools! I would live here again!"
    0
    Flag
  • Shelby F.
    "It takes 10 minutes to get to the General Store and gas station and 25 minutes to get to the nearest town. "
    0
    Flag
  • Judybaycountryrealty
    "It still reflects the eclectic hill country lifestyle. Respectfully co-existing with native wildlife and native flora. Music, food and the lake! "
    0
    Flag
  • Judybaycountryrealty
    "This is great location in the hill country. Has neighborhood felling with good diversity. Not a cookie cutter builder community. Great access to lake use and views. Low crime. Colors to all outlining communities. Lakeway, Bee Cave, Spicewood and highland Lakes."
    0
    Flag
  • Shawn
    "Great place to live, nice and quiet place where kids can play without worrying about traffic. Close to the lake."
    0
    Flag
  • Gwshenk
    "Neighbors host fun events at their houses and invite everyone to come and enjoy together. There are also street parties. "
    0
    Flag
  • BB
    "Just about every one has a dog or two of all breeds, mutts and sizes. I rarely her my neighbors dogs barking. Everyone seems to keep there pets under control. I see my neighbors walk there fur babies just about every morning and evening. I love to take my dogs down the lake and let them run & swim. Great community for your dogs. "
    1
    Flag
  • Tlandjg
    "Super safe and caring neighbors make this an ideal place to raise kids. We love the quiet, laid back feel of this place. "
    0
    Flag
  • GWS
    "Great neighbors, schools, views, close to parks, shopping, dining and entertainment. 20 minutes to downtown. 25 mins to airport "
    0
    Flag
  • Jan C. S.
    "I’ve lived here for 12 years. It’s a great neighborhood for young families or retired people. Not so much for singles or those without children."
    0
    Flag
  • Robin C.
    "There is a lot of drug activity, everybody is in everyone's business, gossip not a friendly place to live. Far away from grocery stores and the road rage. A lot of people die on Hwy 71 because of reckless drivers."
    0
    Flag
  • Rockinr75
    "Retired....who drives to work? Most residents in our area are retired. Perfect location with golf course amenities!"
    0
    Flag
  • Shawn
    "I’ve lived in my area almost my entire life, the growth is good and still gives you the country feel"
    0
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-04 17:27:36 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

Frequently asked questions about 516 Bailey Lane

  • What is 516 Bailey Lane estimated to be worth?
    Trulia's estimated value for 516 Bailey Lane in Spicewood, TX is $960,800.
  • What is the price history for 516 Bailey Lane?
    516 Bailey Lane in Spicewood, TX last sold in November 2023.
  • Is Spicewood a buyer's or seller's market?
    Spicewood is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Spicewood?
    The median sale price in Spicewood is $757K. That is up $50K from the prior month.
  • Does 516 Bailey Lane have air conditioning?
    Yes, 516 Bailey Lane in Spicewood, TX has air conditioning.
  • How big is the lot at 516 Bailey Lane?
    The lot at 516 Bailey Lane in Spicewood, TX is about 15.3 acres.

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