Paleface Ranch was originally owned by Malcolm Levi Sr, a San Antonio based state representative. When he decided to subdivide his ranch to fund retirement, he negotiated a 2 year sales option with Del Webb to build a 2,500 acre Sun City. Ultimately, Dell Webb decided not to exercise their option at the last minute and he was forced to go a different direction. Around that time, the city of Spicewood was starting to grow and he decided to auction off individual parcels of land (5 acres for interior lots and 2 acres for waterfront lots). The first 160 lots were sold in three auctions in 1994-1996 and formed what is now known as Paleface Ranch. Today, Paleface Ranch is one of Spicewood’s newer, gated communities that sit along the Pedernales River. It is also one of the more affordable waterfront subdivisions and located in the prestigious Lake Travis ISD. Scroll Down to Read Our Paleface Ranch Neighborhood Guide.
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In This Guide
- What Paleface Ranch Looks Like
- Living in Paleface Ranch
- Luxury Homes
- Getting Around
- Dining and Things to Do
- Paleface Ranch Homes for Sale
- Property Tax Rate
- HOA Rules and Deed Restrictions
- Schools
- Sold Data
- Pros and Cons
- Spicewood Realtor Specializing in Paleface Ranch
What Paleface Ranch Looks Like
Paleface Ranch is a Hill Country community in Spicewood (ZIP 78669) along the Pedernales River, in Travis County and Lake Travis ISD. The first 160 lots were sold at auctions held from 1994 to 1996. Interior lots were platted at about 5 acres and waterfront lots at about 2 acres, so homes sit well apart from one another.
Roads are private and maintained by the HOA, and the deed restrictions set minimum home sizes, setbacks and approval steps through the Architectural Control Committee. Details are in the HOA rules section below.
Living in Paleface Ranch
The community has a Pedernales River Access Easement with a ramp and boat launch, described in the deed restrictions. Hunting and trapping are not allowed, and each lot may keep up to 2 equine. Goats, sheep, swine, fowl and exotic animals are not allowed.
- HOA Dues: $800 per year
- Roads: Private, maintained by the HOA
- Rentals: Whole lot only, 6-month minimum
- Home Office: Allowed with Board approval and no visiting clients
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Luxury Homes in Paleface Ranch
In Spicewood, we treat homes at $1,000,000 and up as luxury. In Paleface Ranch that covers most of the market. Seven of the nine homes that sold in the 12 months ending September 30, 2026 closed at $1,000,000 or more, so the whole-market numbers above already reflect this tier.
- Luxury Homes Sold ($1M+): 7
- Median Sale Price: $1,317,704
- Price Range: $1,000,000 to $2,250,000
- Bedrooms: 3 to 5
- Median Size: 3,723 sq ft
- Lot Sizes: about 1.6 to 5 acres
- Median Days on Market: 81
Only one home sold above $2,000,000 in that period, so the top of the market is thin and individual sales can move the averages. Source: Unlock MLS, deemed reliable but not guaranteed. If you would like a closer look at homes at this level, browse current Paleface Ranch listings or text us at (512) 827-8323.
Getting Around from Paleface Ranch
Paleface Ranch is on Highway 71 West in Spicewood, so most trips start with a drive on Highway 71. These drive times are estimates from Google Maps, measured from Paleface Ranch Rd on a weekday morning, and they change with traffic and construction.
- Lakeway: about 25 minutes (14.5 miles)
- Marble Falls: about 25 minutes (20.6 miles)
- Hill Country Galleria in Bee Cave: about 35 minutes (17.6 miles)
- H-E-B in Bee Cave: about 33 minutes (17.9 miles)
- Austin-Bergstrom International Airport: about 56 minutes (37.8 miles)
- Downtown Austin: about 1 hour 10 minutes (34.2 miles)
- Pace Bend Park: about 12 minutes (8.8 miles)
Dining and Things to Do Near Paleface Ranch
A few everyday stops are close by along Highway 71 and Pace Bend Road, and the Highland Lakes and Lake Travis are a short drive away. Hours and menus change, so check before you go.
- Firehouse Coffee Co.: a drive-through coffee shop on Highway 71 in Spicewood
- Opie’s Barbecue: Texas-style barbecue on Highway 71 in Spicewood
- Paleface Grocery: a small grocery and gas stop on Pace Bend Road
- Paleface Feed & Garden Supply: an animal feed and garden store nearby
- Krause Springs: a spring-fed swimming and camping area off County Road 404
- Pace Bend Park: a Lake Travis park with trails, swimming and camping
Paleface Ranch Homes for Sale
Paleface Ranch Neighborhood Map
Paleface Ranch is located on the banks of the Pedernales River. To get to Paleface Ranch, take 71 to Oscar Road and head northeast. Paleface Ranch is shaded on the map below. Explore other Spicewood neighborhoods in our Spicewood Neighborhood Guide. Scroll down to continue reading our Paleface Ranch neighborhood guide.
Paleface Ranch Property Tax Rate
The property tax rate in Spicewood’s Paleface Ranch neighborhood is 1.7041% as of the 2025 tax year, up from 1.676% as of the 2024 tax year. It was 1.6334% as of the 2023 tax year, down from 1.782% as of the 2022 tax year.
Paleface Ranch HOA Dues
| Paleface Ranch Association, Inc. | $800 / annually |
Dues shown as reported and deemed reliable but not guaranteed. HOA fees, special assessments, and terms can change at any time. Buyers should confirm current dues directly with the HOA or management company before making an offer.
Paleface Ranch HOA Rules and Deed Restrictions
Paleface Ranch is governed by recorded covenants, conditions and restrictions (CC&Rs), administered by the Paleface Ranch Association, Inc. and an Architectural Control Committee (ACC). These are the rules buyers ask about most. Always review the current recorded documents before you buy.
| Dues | Charged equally to every lot regardless of lot size; due January 31 and delinquent after February 10. See the HOA Dues section above for the current amount. |
| Roads | Private, maintained by the association rather than Travis County, with costs split equally among lots. |
| River access | The association holds a Pedernales River Access Easement with a ramp and boat launch area. |
| Horses | Up to two equine animals per lot regardless of acreage; each needs a stable stall (12′ x 12′) and a fenced run (12′ x 50′), built to ACC-approved plans; no continuous open grazing. |
| Other animals | No goats, sheep, swine, poultry or exotic animals; show calves are allowed but count toward the limit of two; no boarding for hire or breeding. |
| Home size | At least 2,000 sq ft under roof and 1,600 sq ft heated; one additional dwelling unit allowed (at least 1,200 sq ft heated). |
| Home type | New construction only; no manufactured, modular, kit or moved homes. |
| Setbacks | 50′ front and 25′ side (20′ side on Section 3 lots 13–24). |
| Garage | Two to four cars. |
| ACC approval | Required for all improvements; plans are deemed approved if the ACC does not respond within 30 days; $75 submission fee. |
| Construction timeline | Foundation within 45 days of starting; completion within 12 months. |
| Rentals | Whole lot only, six-month minimum; no short-term or vacation rentals. |
| Business use | Home office allowed with Board approval and no visiting clients; childcare not allowed. |
| Vehicles and equipment | RVs, boats, trailers (including horse trailers) and tractors must be stored in an enclosed permanent structure. |
| Hunting and firearms | Hunting, trapping and unlawful firearm discharge are prohibited. |
| Dogs | A fenced enclosure is required unless the dog is under direct control. |
| Lots | Lots cannot be subdivided; contiguous lots can be combined. |
| Solar | Allowed on the roof or in a fenced yard with ACC approval. |
Summarized from the recorded Paleface Ranch CC&Rs, last amended September 2024. Rules, assessments and approval requirements can change, and the ACC may adopt additional rules, so buyers should review the current recorded documents and confirm details with the HOA before making an offer.
Paleface Ranch Schools
Homes in Spicewood’s Paleface Ranch neighborhood are zoned to the Lake Travis ISD, and students will likely attend the following schools:
- West Cypress Hills Elementary - 8/10
- Lake Travis Middle - 10/10
- Lake Travis High - 8/10
School ratings reflect Great Schools ratings as of October 2026. Ratings are subject to change at any time. Please verify ratings and boundaries with the school district.
Paleface Ranch Photos



Paleface Ranch Sold Data – What Paleface Ranch Homes Actually Sold For
What sold recently in Paleface Ranch and for how much? Where can I find pictures of homes that actually sold? How many days does it take to sell a home in Paleface Ranch? How many homes are currently for sale in Paleface Ranch? What’s the median sold price in Paleface Ranch? What does the 90 day historic market trend look like in Paleface Ranch? How’s the Paleface Ranch market trending?
All of these questions (and more!) can be answered on our Paleface Ranch Sold Data Report.
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Paleface Ranch Market Stats — 12 Months (10/1/2025 – 9/30/2026)
| Homes Sold | 9 |
| Bed / Bath Range | 3–5 beds, 2–5 baths |
| Median Sale Price | $1,200,000 |
| Price Range | $550,000 – $2,250,000 |
| Median Price Per Sq Ft | $366 |
| Median Home Size | 3,429 sq ft |
| Median Days on Market | 91 days |
| Sale-to-List Ratio | 93% |
Data sourced from Unlock MLS. 12 months ending September 2026. Statistics deemed reliable but not guaranteed.
Paleface Ranch Home Price History
Curious how home prices in Paleface Ranch have trended? Here’s a five-year look at closed sales from 2022 through 2026 YTD.
Years with 5 or fewer sales may not reflect the full range of homes in the neighborhood.
| Year | Homes Sold | Median Sale Price | YoY | Price Range | Median $/SqFt | Median Home Size | Median Beds/Baths | Median DOM | Sale-to-List |
|---|---|---|---|---|---|---|---|---|---|
| 2022 | 8 | $2,105,000 | — | $684,000–$3,000,000 | $471 | 4,243 sq ft | 4bd/4ba | 19 days | 94% |
| 2023 | 2 | $869,500 | ▼ 58.7% | $850,000–$889,000 | $380 | 2,337 sq ft | 3bd/2ba | 50 days | 98% |
| 2024 | 5 | $1,540,000 | ▲ 77.1% | $775,000–$2,350,000 | $418 | 3,681 sq ft | 5bd/4ba | 91 days | 89% |
| 2025 | 3 | $2,050,000 | ▲ 33.1% | $1,665,000–$2,250,000 | $543 | 3,956 sq ft | 5bd/5ba | 81 days | 90% |
| 2026 YTD | 7 | $1,100,000 | ▼ 46.3% | $550,000–$1,400,000 | $342 | 3,376 sq ft | 4bd/3ba | 99 days | 93% |
Data sourced from Unlock MLS (ACTRIS). 2026 figures reflect year-to-date sales through 10/13/2026. Year-over-year change is calculated against the most recent prior year with recorded sales. Statistics deemed reliable but not guaranteed.
Paleface Ranch Days on Market Trend
How fast are Paleface Ranch homes selling? Here’s a five-year look at how long homes sat on the market before going under contract, from 2022 through 2026 YTD.
| Year | Homes Sold | Median Days on Market | Avg Days on Market |
|---|---|---|---|
| 2022 | 8 | 19 days | 37 days |
| 2023 | 2 | 50 days | 50 days |
| 2024 | 5 | 91 days | 79 days |
| 2025 | 3 | 81 days | 77 days |
| 2026 YTD | 7 | 99 days | 115 days |
Data sourced from Unlock MLS. 2026 figures reflect year-to-date sales through 10/13/2026. Statistics deemed reliable but not guaranteed.
Paleface Ranch Pros and Cons
Every neighborhood involves trade-offs. Here is how Paleface Ranch looks based on the documents and MLS data, so you can weigh what matters most to you.
What buyers tend to like
- Lots of about 2 to 5 acres, with homes set well apart
- A Pedernales River access easement with a ramp and boat launch
- Up to 2 equine allowed per lot
- Private roads maintained by the HOA, with $800 per year dues
- Lake Travis ISD zoning
Things to weigh
- Animal limits: no goats, sheep, swine, fowl or exotic animals
- Rentals require a 6-month minimum, and whole-lot rentals only
- New construction needs ACC approval and must meet minimum size and setback rules
- A small number of sales each year, so prices vary widely from year to year
- A 2025 tax rate of 1.7041%
Who it may be a good match for
- Buyers who want acreage and privacy in the Spicewood and Lake Travis area
- Buyers who want river access without owning a large waterfront parcel
- Buyers who plan to keep horses within the 2-per-lot limit
Thinking About Paleface Ranch?
Whether you are buying or selling, we are glad to answer questions with no pressure. Eleven Oaks Realty has been helping buyers and sellers since 1978.
See Paleface Ranch Homes for SaleText (512) 827-8323No. Paleface Ranch does not have a community pool.
Yes. The recorded covenants allow up to two equine animals per lot, regardless of acreage. Each animal needs a stable stall and a fenced run built to plans approved by the Architectural Control Committee, and continuous open grazing is not allowed.
No. Goats, sheep, swine, poultry and exotic animals are prohibited. Show calves are allowed but count toward the limit of two equine animals per lot, and boarding animals for hire and breeding operations are not allowed.
No. The roads are private and maintained by the Paleface Ranch Association rather than Travis County, with costs shared equally among the lots.
Yes. One additional dwelling unit is allowed per lot in addition to the main home, with at least 1,200 square feet of heated living space and subject to Architectural Control Committee approval.
No. Vacation rentals, bed and breakfasts and other transient housing are not allowed. A home can only be leased as a whole lot to a single family for at least six consecutive months.
Spicewood Realtor Specializing in Paleface Ranch

Rebecca Jacks and Raymond Stoklosa are Spicewood Realtors specializing in Paleface Ranch homes. Whether you’re looking to buy or sell a home in Paleface Ranch, Rebecca and Raymond know the area well and have the experience and tools necessary to make your next real estate transaction stress free. For more info about who we are and how we work, check out Buying a Home in Paleface Ranch and Selling a Home in Spicewood.

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