Spicewood, Texas.
Typical home $689,906 (-1.3% in a year), asking rent $3,572 (+7.8%). Austin-Round Rock-Georgetown, TX metro.
to buy the typical home at today's mortgage rate — +$1,837 (+103%) since Jan 2020.
- 1 year
- Down $9,172 -1%
- $699,078$689,906 since Sep 2025
- 5 years
- Down $33,768 -5%
- $723,674$689,906 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Spicewood$3,621
- Texas$1,556
- United States$1,922
At the last five years' pace, prices here aren't rising.
Typical home values in Spicewood, TX fell 1.3% over the past year — slower than the nation's +1.2%.
Asking rents in Spicewood, TX rose 7.8% over the past year — faster than the nation's +2.7%.
Owning the typical home in Spicewood runs $1,637/mo more than renting one. The gap peaked at $2,338 in Feb 2025.
That is $5,209 a month against $3,572 rent: a $3,621 mortgage payment, plus $849 property tax and $739 insurance & upkeep.
Owning vs renting — Spicewood
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$5,209
- Renting$3,572
- Mortgage only$3,621
Property tax · $849/mo 1.48% of value a year — the ACS 2020-2024 median bill over the median home value for Travis County, TX
Insurance & upkeep · $739/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Spicewood, Travis County, Texas
The Census does not count Spicewood on its own, so the figures here are Travis County's. Half the county's households earn more than $99,611 a year and half less; 11% of the county's people live below the poverty line. 52% of the county's homes are lived in by their owners and 48% are rented. Unemployment in Travis County was 3.9% in August 2026, and the county had 3.5% more jobs in 2025 than the year before. The most people in Travis County work in professional services, then schools and health care.
Written by AI Claude Haiku 5.5 wrote this on 22 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Spicewood is a small town in Travis County, Texas, where the county's figures suggest a fairly young population, with many residents in their working years. Most homes are lived in by their owners, though more people rent here than across the country as a whole. Incomes in the county are well above the national typical, and home prices and rents run high compared with most of the United States. Winters are mild compared with the northern states, summers are hot, and the area gets a fair amount of rain and melted snow each year.
Work. Unemployment in Travis County is low and has edged up slightly over the past year, while the number of jobs grew during the most recent full year. Many residents work in professional and business services, in schools, hospitals and social care, in shops, and in restaurants, hotels and entertainment. A higher share of adults hold a four-year degree than across the country, and a sizeable group of workers do their jobs from home. Commutes are moderate for most people.
Things to do. The Pedernales River is a short drive away, a river where people can spend time by the water. Hamilton Pool Preserve, also a short drive away, is a waterfall set in a protected area. Lake Travis, a longer drive away, is a reservoir that offers another place to spend a day on the water.
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- 583,747households
- 35.6median age
- 57%of adults have a degree
- 11%below the poverty line
- 25 mintypical commute
- 30%work from home
What people in Travis County work in
Employed residents by industry, from the Census survey. Travis County had 934,650 jobs in 2025, 3.5% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 60° and lows near 40°; warmest in August, with highs near 95° and lows near 72°. About 33 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Austin Northwest weather station, 13 miles away (NOAA).
Largest workplaces in Travis County
- The University of Texas at AustinUniversity or college18,190
- TeslaAutomobile manufacturing13,620
- Austin ISDSchool district10,467FTE
- Samsung Austin SemiconductorSemiconductor devices manufacturing5,016
- Internal Revenue ServiceFederal government · Department of the Treasury4,819
- Applied MaterialsSemiconductor making machinery manufacturing4,325
- Rosendin ElectricElectrical contractors4,291
- Facility Solutions GroupElectric contracting4,087
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 1,054 workplaces with 20 or more staff, 195,095 people in all. Colleges come from IPEDS (NCES, 2023–24), school districts from the Common Core of Data (NCES, 2023–24) and federal offices from OPM's federal workforce data (2026); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- TornadoesVery high
- HailVery high
- Heat wavesRelatively high
- Inland floodingRelatively high
- Strong windRelatively high
- LightningRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms across Travis County, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Travis County and the Austin-Round Rock-Georgetown, TX metro.
Spicewood home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Spicewood$689,906
- Texas$296,424
- United States$366,157
Sellers are cutting prices on about 1 in 5 Spicewood listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Spicewood20.36%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Spicewood283
New listings per month
Sellers arriving at the market.
- Spicewood30
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Spicewood$729,070
- United States$371,407
Zip codes with a Spicewood address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Spicewood — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.