Spicewood, TX Airbnb Market Data, Statistics, and Occupancy Rates

Spicewood Short-Term Rental Market Overview

Spicewood, TX is a small Hill Country market near Lake Travis with just 93 active Airbnb listings and an average annual revenue of $27,929. While daily rates run above the Texas state average at $308, occupancy sits at only 26% — well below the 33% state benchmark — producing a modest $78 RevPAN. With average home values topping $1.26 million, the revenue-to-price ratio presents a significant hurdle for investors considering entry into this market.

Key Market Statistics

According to Rabbu market data, the Spicewood short-term rental market shows:

Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.

Why Investors Consider Spicewood

Investors are drawn to Spicewood's proximity to Lake Travis and the Texas Hill Country, though the current data signals this is a higher-risk market that demands careful property-level analysis.

Expert Market Assessment

"Current data points to limited investment potential in Spicewood, driven primarily by a below-average revenue-to-price ratio and soft occupancy. Seasonality is pronounced — March is the standout month at $3,837 in average revenue, while January dips to just $1,425 — so cash flow can be uneven across the year. The rapid growth in supply (110% YoY) without a corresponding rise in occupancy adds a layer of caution. Investors who do enter this market may find the best opportunity in larger, amenity-rich properties that command premium nightly rates and attract group travelers."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Spicewood

Average revenue by month in Spicewood

March is the clear revenue peak at $3,837, more than 2.5 times the January low of $1,425, signaling strong spring-driven seasonality tied to Lake Travis tourism. A secondary bump in October ($2,786) suggests fall weekends also draw visitors, while winter months represent a significant revenue trough investors should plan for.

Active Airbnb listings by property size in Spicewood

Supply is relatively evenly spread among 1-bedroom (25), 2-bedroom (21), and 3-bedroom (26) listings, while 4-bedroom (11) and 5-bedroom (5) properties are notably scarce. The limited supply of larger homes, combined with their substantially higher revenue potential, could represent a differentiation opportunity for investors willing to acquire bigger properties.

Average daily rate (ADR) by property size in Spicewood

ADR climbs sharply with size, from $218–$230 for 1- and 2-bedroom units up to $538 for 5-bedroom homes — a 2.3x premium over the smallest listings. The jump from 3 bedrooms ($268) to 4 bedrooms ($394) is particularly steep, suggesting strong pricing power for properties that accommodate larger groups.

Average RevPAN by property size in Spicewood

Four-bedroom properties deliver the strongest RevPAN at $97, closely followed by 5-bedroom units at $94, while 2-bedroom listings lag at $57. This pattern shows that despite lower occupancy rates, larger homes more than compensate through higher nightly rates, making them the most efficient revenue generators per available night.

Average occupancy rates by property size in Spicewood

Occupancy decreases as property size increases, with 1-bedroom units leading at 30% and 5-bedroom homes at just 18%. All sizes fall below the 33% Texas state average, underscoring that Spicewood is a lower-occupancy market overall — investors should model conservatively when projecting cash flow.

Average monthly revenue by property size in Spicewood

Monthly revenue scales substantially with property size, from $1,435 for 1-bedroom units to $5,925 for 5-bedroom homes — a fourfold difference. The gap between 4-bedroom ($2,988) and 5-bedroom listings is especially pronounced, suggesting that the premium segment commands outsized returns for those who can secure the right property.

Average annual revenue by property size in Spicewood

Five-bedroom properties generate the highest annual revenue at $71,101 — more than double the 4-bedroom figure of $35,858 and roughly four times the 1-bedroom average of $17,223. For investors targeting meaningful revenue at scale, properties with 4+ bedrooms offer the most promising return potential, though acquisition costs and carrying expenses for these larger homes must be carefully weighed.

Most common amenities for Airbnb listings in Spicewood

Parking (99%), kitchens (91%), BBQ grills (86%), and patios or balconies (85%) are essentially table stakes in Spicewood, reflecting the outdoor-lifestyle expectations of Hill Country guests. Lake access appears in 52% of listings and hot tubs in 40%, suggesting these amenities could serve as meaningful differentiators for properties that offer them.

Understanding Spicewood's ROI Score: 15/100

Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.

How the ROI Score is Calculated

What This Means for Investors

Spicewood's ROI Score of 15 out of 100 places it in the "Limited" investment potential band, reflecting below-average marks across revenue-to-price ratio, occupancy stability, and supply/demand balance — with only market growth trend scoring at an average level. The combination of high home values ($1,267,015) and modest annual revenue ($27,929) creates a challenging return profile at the market level, though property-specific opportunities may exist for larger, amenity-rich homes. Investors should pair this data with thorough local regulatory research and a conservative financial model before committing capital.

Short-Term Rental Regulations in Spicewood

Understanding local STR regulations is essential before investing in Spicewood. Here's the current regulatory landscape:

Permit Requirements

Short-term rental operators in the Spicewood, Texas area should verify whether permits or registration are required through Travis or Burnet County and any applicable community-level rules. Regulations can vary by jurisdiction in unincorporated Hill Country areas, so investors should confirm requirements directly with local authorities before listing.

Key Restrictions

Common STR restrictions in Texas communities may include occupancy limits, minimum night stays, noise ordinances, parking requirements, and HOA covenants — the latter being especially relevant in planned developments around Lake Travis. Investors should review any deed restrictions or homeowners association rules that could limit rental activity before purchasing.

Tax Obligations

Texas imposes a 6% state hotel occupancy tax on short-term rentals, and local jurisdictions may layer additional taxes on top. Major platforms like Airbnb typically collect and remit state-level taxes, but operators should confirm whether county or local occupancy taxes require separate filing.

Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Spicewood can provide current regulatory guidance.

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Spicewood's performance will likely remain tightly linked to seasonal Lake Travis tourism, with March continuing as the clear revenue peak. Active listings grew 110% year-over-year, suggesting new supply could further pressure occupancy unless demand catches up. Investors should anticipate occupancy hovering in the 24–28% range and ADR holding roughly steady, though larger properties with lake access or premium amenities may outperform the market averages. Any material improvement in returns will depend on whether demand growth can absorb the expanding supply."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Spicewood, TX

What is the average Airbnb occupancy rate in Spicewood?

The average Airbnb occupancy rate in Spicewood is currently 26%, which falls below the Texas state average of 33%. Occupancy varies by property size, with 1-bedroom units performing best at 30% and 5-bedroom properties trailing at 18%. These figures reflect the seasonal and leisure-driven nature of the market.

How much do Airbnb hosts make in Spicewood?

On average, Airbnb hosts in Spicewood earn approximately $2,327 per month or $27,929 per year based on the trailing 12 months of booking data. Revenue varies significantly by property size — 1-bedroom units average $17,223 annually while 5-bedroom properties can generate around $71,101. Actual earnings depend on property quality, amenities, pricing strategy, and seasonal demand patterns.

Is Spicewood a good market for Airbnb investment?

Spicewood currently carries a Rabbu ROI Score of 15 out of 100, indicating limited investment potential at the market level. The primary challenge is the high average home price of $1,267,015 relative to the $27,929 average annual revenue, resulting in a below-average revenue-to-price ratio. Occupancy stability and supply/demand balance also score below average. That said, investors who target larger properties with premium amenities and lake access may find property-specific opportunities that outperform the broader market.

What is the average daily rate (ADR) for Airbnb in Spicewood?

The average daily rate for Airbnb listings in Spicewood is $308, which is above the Texas state average of $276. ADR scales meaningfully with property size — from $230 for 1-bedroom units up to $538 for 5-bedroom homes. This premium pricing reflects the area's appeal as a Hill Country and Lake Travis getaway destination.

Are short-term rentals legal in Spicewood?

Short-term rentals generally operate in the Spicewood, Texas area, but specific permit requirements, zoning rules, and restrictions can vary by jurisdiction. Investors should verify current regulations with local county authorities and review any HOA covenants that may apply to the property in question before purchasing or listing.

When is peak season for Airbnb in Spicewood?

Peak season in Spicewood is March, when average monthly revenue reaches $3,837 — roughly 2.7 times the January low of $1,425. October also shows strength at $2,786. The spring surge likely reflects spring break travel and warming weather that draws visitors to Lake Travis, while January and December are the softest months for revenue.

How many Airbnbs are there in Spicewood?

There are currently 93 active Airbnb listings in Spicewood. Supply is fairly balanced across smaller sizes, with 25 one-bedroom, 21 two-bedroom, and 26 three-bedroom listings making up the bulk. Larger properties (4- and 5-bedroom) account for only 16 listings combined. Notably, active listings grew 110% year-over-year, indicating rapidly expanding supply in this small market.

How is Airbnb revenue calculated in Spicewood?

The annual and monthly revenue figures shown for Spicewood are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market — they are not a forward-looking projection. We average each comparable listing's actual revenue per available night (RevPAN) by month over the past year, remove regional outliers, and aggregate the remaining data to a market-level historical average. Because each month uses its own historical performance, the figures naturally reflect seasonal peaks (like March's $3,837) and slower periods (like January's $1,425). Individual results can vary based on property quality, pricing strategy, and how well a property is managed.

About Rabbu Market Data

Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.

What this data includes

• Regularly updated active Airbnb and STR listing counts for the Spicewood market
• Average daily rate, occupancy, and RevPAN metrics based on current listing performance
• Historical monthly and annual revenue figures derived from trailing 12-month booking data
• Property-level data segmented by bedroom count for size-specific analysis
• Home value estimates sourced from Zillow Home Value Index (ZHVI)

Sources and disclaimers

Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing performance and current market conditions, which can change due to regulatory shifts, economic factors, or seasonal fluctuations. Individual property results may vary significantly based on location, amenities, management quality, and pricing strategy.