Growing West
Over the past decade, Bee Cave has exploded. Spicewood has been the beneficiary of the commercial growth in Bee Cave. Spicewood has lakefront access, river access, hill country and lake views-truly a rich and beautiful area. The investment in Spicewood has been geared to higher end developments. Spicewood offers good proximity to Austin, with the rugged beauty of a much more remote part of the Hill Country.
If you want to invest in property, Spicewood is a great investment. There are only so many lots, 24 miles from Austin, with views of Lake Travis, or tracts that offer hill country and lake views. Because developers have committed to significant high end projects, the future is obvious. I expect the values to hover where they are, more or less, for a couple of years. When we get through the economic downturn, that now exists, I expect to see a sharp rise in property values, in Spicewood. Buy now!
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