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Just Listed

$799,000

5311 Avispa WAY, Austin, TX 78738

Bee Caves West

Bedrooms3
Bathrooms2
Sq Ft2,580
Acres2.75
Year Built1983

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.

Property Details

Property TypeSingle Family
MLS #8723748
Days on Market1
Lot Size2.75 acres
Listed7/20/2026
Last Updated7/20/2026

Location

County
Travis
School District
Lake Travis ISD
MLS Area
LS

Size

Lot Description
Corner Lot, Level, Native Plants, Near Golf Course, Open Lot, Split Possible, Trees-Heavy, Trees-Large (Over 40 Ft)
$/Acre
$290,545

Improvements

Fence
Wire
Exterior Features
None
Heating
Central, Propane
Cooling
Ceiling Fan(s), Central Air
Appliances
Dishwasher, Gas Cooktop, Gas Range, Microwave, Oven, Free-Standing Refrigerator
Flooring
Carpet, Tile
Windows
None
Construction Materials
Vertical Siding, Stone Veneer
Foundation
Slab
Roof
Composition
Direction Faces
North
Pool Features
In Ground
Patio / Porch
Deck
View
Trees/Woods
Community Features
None
Parking Features
Carport, Driveway

Location

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Listing provided by John Martin · Keller Williams Realty · (512) 576-4488

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

$799,000