MLS# 8723748 - 5311 Avispa Way, Austin, TX 78738
$799,000
Beds:
3
Baths:
2
Sqft:
2,580
Sqft lot:
119,790
Acre lot:
2.75
Just Listed
Property listed by Keller Williams Realty 512-448-4111 (512) 576-4488
Status:
Active
Property Type:
Singlefamilyresidence
Year Built:
1983
Neighborhood:
Bee Caves West
Days On Website:
1
Property Details for 5311 Avispa Way, Austin, TX 78738
Description
Discover the incredible potential of 5311 Avispa Way, a unique property offering 2.75 acres in one of Austin's most desirable growth corridors. Whether you're an investor, builder, developer, or visionary homeowner, this property presents a rare chance to renovate, reimagine, or redevelop. The existing single-story residence features 2,580 square feet, 3 bedrooms, and 2 bathrooms and is being offered as-is. While the home retains its original 1980s finishes and is ready for a complete transformation, it provides a solid foundation for those looking to restore its character or create something entirely new. What truly sets this property apart is the land. Spanning 2.75 acres with access from two separate streets, the site offers exceptional flexibility and future potential. The dual access points create an outstanding opportunity for those exploring subdivision or redevelopment possibilities. Surrounded by the natural beauty of the Texas Hill Country while remaining just minutes from the Hill Country Galleria, Bee Cave, Lake Travis, award-winning Lake Travis ISD, championship golf courses, wineries, dining, shopping, and entertainment, this property combines privacy, convenience, and long-term investment potential. Properties of this size and versatility are becoming increasingly difficult to find in the Lake Travis market. Whether your vision is a luxury estate, a thoughtful renovation, or a future development opportunity, 5311 Avispa Way is ready for its next chapter.
Open House
Features
Bathrooms
- 2 full bathrooms
- 2 total bathrooms
Bedrooms
- 3 total bedrooms
- 3 bedrooms on main level
Building
- Built in 1983
- Stories: 1
- 2,580 sqft living area
- Stone Veneer
- Vertical Siding
- One
Fence
- Wire
Floors
- Carpet
- Tile
Foundation
- Slab
Heating
- Central
- Propane
Interior Features
- Ceiling Fans
- Eat In Kitchen
- Laminate Counters
- Multiple Living Areas
- No Interior Steps
- Soaking Tub
- Tile Counters
- Walk In Closets
Laundry
- Inside
- Laundry Room
- Washer Hookup
- Electric Dryer Hookup
Listing
- Property Subtype: Single Family Residence
- First day on market
- Listed on 2026-07-20
Location
- County: Travis
- Subdivision: Bee Caves West
Lot
- 2.75 acres
- Area: 2.75
- Corner Lot
- Near Golf Course
- Level
- Native Plants
- Open Lot
- Many Trees
- Split Possible
- Trees Large Size
Parking
- Carport
- Driveway
Pool
- Private pool
- In Ground
Possession
- Closing And Funding
- Close Of Escrow
Property
- Resale
- Trees Woods
Roof
- Composition
Schools
- Elementary School: Bee Cave
- Elementary School District: Lake Travis ISD
- Middle School: Bee Cave Middle School
- Middle School District: Lake Travis ISD
- High School: Lake Travis
- High School District: Lake Travis ISD
Sewer
- Public Sewer
Taxes
- Annual Amount: $7,045
- Year: 2026
Utilities
- Electricity Connected
- Propane
- Water Connected
Property Map
Map View
$799,000 - 5311 Avispa Way, Austin, TX 78738
Street View
Directions
5311 Avispa Way
Austin, TX 78738
County: Travis