5311 Avispa Way, Austin, TX, 78738 - MLS# 8723748

$699,000

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Beds 3
Baths 2
Sqft 2,580
Acres 2.75
Property Type Home
Heating Central, Propane
Parking Carport, Driveway
Year Built 1983
Stories 1
Cooling Central Air, Ceiling Fan(s)
Days on Market 78
Garages 0

About 5311 Avispa Way

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.

Location

Legal Description LOT 21 BEE CAVES WEST (HOMESTEAD)
Address 5311 Avispa Way
County Travis
City Austin
Zip Code 78738
Subdivision Bee Caves West
School District Lake Travis ISD
MLS Area LS

Size and Restrictions

Acres 2.75
Lot Description Corner Lot, Near Golf Course, Level, Native Plants, Open Lot, Many Trees, Split Possible, Trees Large Size
Horses Allowed No
$/Acre $254,182

Improvements

Parking Carport, Driveway
Fence Wire
Exterior Features None

Features

View Trees/Woods
Water Access None

Utilities

Water Public
Utilities Electricity Connected, Propane, Water Connected

Amenities

Area Amenities None

Beds and Baths

Bedrooms 3
Main Level Beds 3
Bathrooms 2 full
Primary on Main No

Other Rooms

Kitchen Appliances Dishwasher, Free-Standing Refrigerator, Gas Cooktop, Gas Range, Microwave, Oven
Laundry Facilities Inside, Laundry Room, Washer Hookup, Electric Dryer Hookup

Heating and Cooling

Heating Central, Propane
Air Conditioning Central Air, Ceiling Fan(s)

Interior Features

Flooring Carpet, Tile
Features Ceiling Fan(s), Eat-in Kitchen, Laminate Counters, Multiple Living Areas, No Interior Steps, Soaking Tub, Tile Counters, Walk-In Closet(s)
Disability None

Building Information

Square Feet 2,580
Year Built 1983
# of Stories 1
Building Faces North
Construction Stone Veneer, Vertical Siding
Foundation Slab
Roof Composition

Property Features

Exterior Features None

Garage and Parking

Garage No
Parking Carport, Driveway

Financial

$/Sq Ft $271
$/Acre $254,182
Special Conditions DeedRestrictions
Documents Available None
Disclosures None

Property Taxes

Appraisal District Travis
Estimated Taxes $7,045
Tax ID 01187703370000
Tax Year 2026

Homeowner Association

Has HOA No

Listing Details

OfficeKeller Williams Realty
Contact Info(512) 576-4488

Listing Map

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