5311 AVISPA WAY, AUSTIN, TX 78738
Homes for sale in Austin.
Homes for sale in 78738.
List Price$799,000
5311 Avispa Way
Austin, TX 78738
Listing #8723748
3
Bedrooms
2 full
Bathrooms
2,580
Square Feet
House
Type
About This Property
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.
Virtual Tour
Property Features
Location Information
County
Travis
Subdivision
Bee Caves West
County
Travis
Directions
From Austin take E 6th St, State Hwy 1 Loop S/TX-1 Loop S, Southwest Pkwy and State Hwy 71 E to Cueva Dr in Bee Cave. Continue on Cueva Dr. Drive to Avispa Way.
Area
LS
Interior Features
Interior
Ceiling Fan(s), Eat-in Kitchen, Laminate Counters, Multiple Living Areas, No Interior Steps, Soaking Tub, Tile Counters, Walk-In Closet(s)
Laundry
Inside, Laundry Room, Washer Hookup, Electric Dryer Hookup
Full Baths
2
Disabled Features
None
Number of Fireplaces
0
Appliances
Dishwasher, Free-Standing Refrigerator, Gas Cooktop, Gas Range, Microwave, Oven
Heating
Central, Propane
Accessibility
None
Floors
Carpet, Tile
Exterior Features
Style
Stone Veneer, Vertical Siding
Garage Spaces
0
Stories
1
Fencing
Wire
Is New Construction
No
Has a Pool
Yes
Construction/Exterior
Stone Veneer, Vertical Siding
Has Golf Course
Yes
Exterior
None
Lot Size in Acres
2.75
Foundation
Slab
Waterfront Description
None
Possession
Closing & Funding, Close Of Escrow
Has Waterfront
No
Water / Sewer
Public Sewer
Has View
Yes
Water
Public
View
Trees/Woods
Parking Description
Carport, Driveway
Is One Story
Yes
School
Elementary School District
Lake Travis ISD
Middle School
Bee Cave Middle School
Elementary School
Bee Cave
High School
Lake Travis
Additional Information
Roof/Attic
Composition
APN
01187703370000
Other Utilities
Electricity Connected, Propane, Water Connected
Status
Active
Property Type
SFR
Documents Available
None
Property SubType
Single Family Residence
Square Feet Source
Public Records
Year Built
1983
Similar Listings
Mortgage Calculator
$3,730
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,879
Monthly Tax
$665
Monthly Insurance
$186
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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