$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

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.

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

Map View


$799,000 - 5311 Avispa Way, Austin, TX 78738

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5311 Avispa Way
Austin, TX 78738
County: Travis